By Planet Retail2009-11-13T00:00:00+00:00
For the six months to September 30, sales at consumer electronics retailer Yamada Denki climbed 1.9% to JPY936.6bn (£6.3 bn). Operating profit fell 15.4% to JPY25.1 billion (£168 million). Net profit was down 20.2% to JPY16.4 billion (£110 million).
German pureplay giant Zalando has upgraded its financial outlook for the 2021 financial year, following what it called a “standout” first quarter.
Retail Week’s annual Discovery report celebrates the start-ups powering retail innovation at a time when it is needed most and features cutting-edge solutions helping Tesco, Nespresso, AO.com, Marks Spencer and more
In our second instalment of The Disruptors series – showcasing the new breed of businesses that retailers will be increasingly competing with post-pandemic – Retail Week explores the ones to watch in the DIY sector.
With both Tesco and Superdry pulling out of international ventures on the same day, Retail Week asks whether UK retail is scaling back its global ambitions.
The coronavirus crisis will wipe $2.1trn (£1.7trn) off of global retail sales in 2020, new data has predicted.
The coronavirus outbreak has sparked fears and headlines worldwide since emerging in the Chinese city of Wuhan at the start of the year.
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