Sainsbury's retail and operations director Simon Roberts has emerged as the internal favourite to succeed Mike Coupe as chief executive if the supermarket group opts to promote from within, reports said.
Britain’s competition regulator is launching an in-depth investigation into Amazon.com Inc’s purchase of a stake in online food delivery group Deliveroo after the companies failed to assuage its initial concerns.
U.S. shoppers made more purchases online on Black Friday than in the mall - hurting traffic and sales at physical stores, according to data that offered insight into one of the busiest shopping days of the year.
Nordstrom Inc raised its 2019 forecast unlike many competitors and reported third-quarter profit above Wall Street expectations on Thursday, sending the retailer’s shares up about 10% in extended trading.
Asda, the British supermarket arm of the world’s biggest retailer Walmart, blamed lower sales in its latest quarter on Brexit uncertainty, saying it had negatively affected consumers’ spending patterns.