Internet marketplace taking on Amazon and Shein aims to cut delivery times by storing goods closer to shoppers
Drinks group reports first annual fall since 2020 as customers cut back on pricier spirits
Plus, Carlyle sticks with its oil and gas investments, and BlackRock’s Larry Fink takes his time finding a successor
Laxman Narasimhan faces criticism from coffee chain’s former boss Howard Schultz and activist investor Elliott
Ecommerce group’s ad-supported streaming service possesses the retail clout in an increasingly competitive market
Recent evidence suggests that even consumers with high disposable incomes are starting to feel the pinch
Fast-food chain’s chief says customers are more ‘discriminating’ after years of price rises
Damages of $495mn awarded after lawsuit against rival over premature infant formula puts pressure on consumer group
World’s second-largest brewer pushed into net loss following writedown of stake in Chinese group
Future of online retail tie-up has come under the spotlight ahead of deal’s five-year anniversary
Earnings misses and sentiment slowdown suggest crucial driver of economic growth may have peaked
Travellers look to keep costs down with all-inclusive deals to cheaper destinations
Change in fortunes for beaten-down property group would chime with broader retail sector
Brands see opportunity to engage younger audiences by supporting skateboarding and breakdancing
Coffee chain’s three-time leader has publicly criticised its current management
A focus on ‘power brands’ is the new mantra for conglomerates once known for their heft
Fashion group’s shares and sales have plunged in recent months
Labels from Gucci to Burberry are struggling as aspirational shoppers pull back from extravagance
Retailer will create 320 rental flats and 30 affordable homes in initial project
In spite of a glut, potato demand should make a comeback
The movie business is hoping for a turnaround after limping into the summer season with a shortage of big movies
Birkin bag maker remains one of the industry’s strongest performers
Ecommerce group tells staff to expect 171 redundancies and be in five days a week
Nestlé downgrades full-year sales outlook as consumer goods groups struggle amid a cost of living crisis
A pandemic story
