retail sales
FTSE 100 Soars to Historic Peak as Rate Cut Hopes Fuel Market Rally
London’s blue-chip FTSE 100 index reached unprecedented heights today, hitting a new all-time high of 8,496.42 as investors bet on aggressive interest rate...
Walgreens Surges 27% as Cost-Cutting Measures and Strong Q1 Performance Signal Turnaround
In a remarkable turnaround for the pharmacy retail giant, Walgreens Boots Alliance shares skyrocketed 27% following the announcement of better-than-expected first-quarter earnings for...
UK Retail Sector Faces Perfect Storm as £7bn Cost Surge and Consumer Confidence Plummet in 2025
The British retail sector is grappling with unprecedented challenges as it enters 2025, facing a projected £7 billion surge in operational costs amid...
Retail Giant Asda Launches Major Cost-Cutting Drive Following Christmas Sales Slump
In a significant move to address declining performance, Asda, one of Britain’s largest supermarket chains, has initiated sweeping cost-cutting measures following a disappointing...
Polestar Surges Forward: Q4 Order Intake Jumps 37% as New Models Drive Growth Despite Annual Sales Dip
Swedish electric vehicle manufacturer Polestar has demonstrated strong momentum entering 2025, reporting a significant 37.2% increase in Q4 2024 order intake compared to...
Kohl’s Announces Closure of 27 Stores Nationwide Amid Retail Industry Challenges
The retail landscape continues to evolve as Kohl’s announced the closure of 27 “underperforming” stores across 15 states by April 2025, representing less...
Sainsbury’s Nectar Card Warning: Shoppers Urged to Watch £624 Spending Trap Amid Record Christmas Sales
As Sainsbury’s celebrates its strongest Christmas performance and fifth consecutive year of market share gains, consumer watchdog Which? has issued a stark warning...
Gao Dekang: A Leading Force in the Global Textile Industry
Gao Dekang is a Chinese entrepreneur renowned for his significant contributions to the global textile industry. As the founder and chairman of the...
