Finance News – Stores
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Walmart is about to fly delivery drones over more cities
Expanding its drone delivery service to 100 locations across five states, Walmart aims to enhance distribution efficiency and potentially reduce last-mile costs through collaborati...
Read Full Article →Boots: Profit jumps after closing hundreds of stores
Boots experienced a substantial increase in earnings after reducing its number of retail locations by over 300, which contributed to improved financial performance despite halting...
Read Full Article →B&M: Revenue ticks up as new stores outperform
The company experienced a moderate increase in annual revenue to £5.57 billion, reflecting stronger sales growth particularly from recently opened locations and improved operations...
Read Full Article →Independent duty free shops 'just weeks away from closing' as cross-border travel plummets
The sharp decline in cross-border travel has caused a significant reduction in income for independent duty free shops, threatening their ability to continue operating in the near f...
Read Full Article →DIY demand boosts sales at B&Q and Screwfix owner
Increased consumer interest in home improvement products contributed to a moderate revenue growth for Kingfisher, supporting its financial performance across multiple markets durin...
Read Full Article →Co-op cyber-attack: stock availability in stores ‘will not improve until weekend’
The disruption caused by a recent cyber incident has impacted product replenishment, potentially affecting sales revenue and customer retention until normal supply chain operations...
Read Full Article →Co-op: All forms of payment now working after cyber attack
The recent cyber incident disrupted transactions across nearly 2,400 locations, impacting revenue flow, but restoration efforts are now enabling normal payment processing and expec...
Read Full Article →JYSK: Losses continue as stores close and jobs shed
JYSK's UK division reported a £3.2 million pre-tax deficit for the year ending August 2024, reflecting ongoing financial challenges amid store closures and workforce reductions.
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