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JD Sports Issues Profit Warning Amid Weakening Sales
BusinessFTThe GuardianThe Independent+1investing-com4d ago4 sources

JD Sports Issues Profit Warning Amid Weakening Sales

JD Sports has issued a fresh profit warning, citing a decline in sales, particularly in North America, and the impact of the cost of living crisis on consumer spending. The company noted that shoppers are shunning trainers despite a boost from football kit sales.

British Couple Killed in Helicopter Crash on Greek Island of Sifnos
WorldBBCFTwapo+29The Guardiannosfazberlingskeder-spiegellsm-lvorfdie-presse+21 more6d ago32 sources

British Couple Killed in Helicopter Crash on Greek Island of Sifnos

A newlywed British couple and the Greek pilot were killed in a helicopter crash on the Greek island of Sifnos. Authorities are investigating the cause of the tragic accident, with new video evidence and pilot communications emerging.

Ayala Malls Revamp Shops After Renovations
BusinessRappler10d ago

Ayala Malls Revamp Shops After Renovations

Following the completion of renovations, Ayala Land is now focusing on updating the retail concepts within its malls to align with the new physical experiences offered to shoppers.

Filipinos Become 'Intentional' Shoppers Amid Inflation
WorldRappler12d ago

Filipinos Become 'Intentional' Shoppers Amid Inflation

As inflation continues to impact consumer wallets, Filipinos are adapting by becoming more 'intentional' shoppers. Retailers like SM are responding by offering a 'good, better, best' range of items to retain customers.

July Heatwave Deters UK Shoppers from High Street
BusinessThe GuardianThe Independent18d ago2 sources

July Heatwave Deters UK Shoppers from High Street

The heatwaves experienced in the UK during July kept shoppers away from high street stores, impacting retail sales. Retailers reported a slowdown as consumers opted to stay home during the hot weather.

BusinessFT1mo ago

Fast fashion gains traction in India

Fast fashion chains, such as Zudio, are rapidly expanding in India, attracting cost-conscious shoppers with affordable designs and contemporary stores, signaling a shift from traditional retail.

Nordstrom Anniversary Sale: Fall Wardrobe Staples
Cultureenews20d ago

Nordstrom Anniversary Sale: Fall Wardrobe Staples

As summer nears its end, the Nordstrom Anniversary Sale is also concluding, offering last-minute deals on essential fall wardrobe items. Shoppers are encouraged to take advantage of the highly-anticipated discounts before they expire.

Businessbloombergcnbc25d ago2 sources

Amazon Receives $600 Million in Trump Tariff Refunds

Amazon received $600 million in tariff refunds from the Trump administration, which the company plans to pass along to some of its customers. This refund relates to tariffs imposed during the previous administration.

Worldbloomberg28d ago

LVMH Sales Growth Hampered by Middle East Conflict

Sales at LVMH's key fashion and leather goods unit, which includes brands like Louis Vuitton and Dior, saw minimal growth last quarter as the ongoing conflict in the Middle East deterred wealthy shoppers.

Disney Announces Hundreds of Job Cuts Across Divisions
Culturehindustan-timeshollywood-reporterdeadline+1ign1mo ago4 sources

Disney Announces Hundreds of Job Cuts Across Divisions

Disney is implementing a new round of corporate streamlining, resulting in hundreds of job cuts across various divisions. Pixar, ESPN, and National Geographic are among the most affected departments.

Target Pledges Price Cuts Amidst Sales Growth
BusinessYahoothestreet2d ago2 sources

Target Pledges Price Cuts Amidst Sales Growth

Target announced plans for price cuts, indicating that the company's turnaround efforts are proving successful and it aims to share the benefits with shoppers, as sales continue to grow.

Walmart Expands Contactless Payments, Adds Apple Pay
TechnologyBusiness Insiderseeking-alphainvesting-com3d ago3 sources

Walmart Expands Contactless Payments, Adds Apple Pay

Walmart is expanding its contactless payment options by rolling out Tap to Pay and adding Apple Pay for the first time. This move addresses a long-standing request from shoppers and enhances the retailer's checkout experience.

Walmart and Flowers Foods Stocks Decline Amid Disappointing Earnings
BusinessBBCbloombergNYT+15wapoAl Jazeeracbcglobe-and-mailmarketwatchforbesfortuneYahoo+7 more4d ago18 sources

Walmart and Flowers Foods Stocks Decline Amid Disappointing Earnings

Walmart's stock slid significantly after reporting slower US sales growth, contributing to a broader market retreat. Flowers Foods also saw its stock decline following a miss on earnings and revenue expectations, with a drop in volume and a cut in guidance.

Seel Launches Resale Capability for Used Goods
Technologyforbes5d ago

Seel Launches Resale Capability for Used Goods

Seel, an AI-driven operations platform managing $6 billion in annual GMV, has introduced a new resale feature within its order center, allowing shoppers to recover value from gently used items no longer eligible for returns.

Argos Undergoes Makeover to Attract New Shoppers
BusinessBBC18d ago

Argos Undergoes Makeover to Attract New Shoppers

Retailer Argos is undergoing a significant makeover in an effort to attract new shoppers and revitalize its brand image. The changes aim to modernize the shopping experience and appeal to a broader customer base.

Two Firefighting Helicopters Collide in Greece, Killing Two Pilots
WorldBBCAl Jazeeradr-dk+61nrkyle-uutisetcbchelsingin-sanomatnosruvfazaftonbladet+53 more22d ago64 sources

Two Firefighting Helicopters Collide in Greece, Killing Two Pilots

Two firefighting helicopters collided mid-air while battling wildfires in Greece, resulting in the deaths of a Greek and a Danish pilot. Officials expressed condolences for the tragic loss of life during the ongoing efforts to control the blazes.

Lidl Announces Special Weekend Offers
Culturedelfi-lt25d ago

Lidl Announces Special Weekend Offers

Lidl is presenting new "Super Weekend" offers, including special prices on pork neck, bananas, and ice cream, inviting shoppers to enjoy new flavors during the first weekend of August.

Greek Stores Open on Sunday for Summer Sales
Businessiefimeridanaftemporikinewsbeast+1avgi1mo ago4 sources

Greek Stores Open on Sunday for Summer Sales

Retail stores across Greece were open on Sunday for the first day of summer sales. Shoppers are reportedly looking for genuine offers and quality products.

Rising Produce Prices Impact Shoppers
BusinessThe Independent1mo ago

Rising Produce Prices Impact Shoppers

Shoppers are experiencing significant price increases for fresh produce like tomatoes, berries, lettuce, and peppers, leading to sticker shock in grocery aisles.

India-UK Free Trade Agreement Comes Into Effect
PoliticsBBCAl JazeeraDW+4Times of Indiahindustan-timesindian-expressndtv1mo ago7 sources

India-UK Free Trade Agreement Comes Into Effect

The historic free trade agreement (FTA) between India and the United Kingdom has officially come into effect, promising changes for consumers and industries in both countries. The deal is expected to boost exports and make certain goods, like cars and whisky, cheaper.