London, United Kingdom -- British clothes-to-food retailer Marks and Spencer on Wednesday said a cyberattack affecting its online service is set to last through to July and cost the group £300 million ($404 million). Marks last week revealed that some personal data of its customers had been stolen in a...
Inditex posts record profit
The firm attributed the figures to strong sales which reached $8.15bn.
Carrefour now opens in Israel
French retailer is first foreign supermarket chain in Israel.
UK’s biggest retailer Tesco to cut 2100 jobs as inflation hikes costs
Tesco plans to cut about 1,750 management roles.
BNPL payments in UAE may reach US$17.5bn by 2028
A leading retailer in the UAE has said that over 15 percent of its customers have now shifted to 'Buy Now, Pay Later' (BNPL) mode.
BinDawood’s H1 profit tumbles
Largest Saudi retailer posts a 31% dip in H1 profit to $28.80m.
Agthia buys 60% stake in Auf Group
The deal builds on Agthia’s acquisition of BMB Group.
Zara owner Inditex profits up
The company's net profit increased by 80 percent
Marka: From a star UAE retailer to a bankrupt firm
Flouting norms, massive mismanagement and lack of transparency and corporate governance have potential to take any company the Marka Holding wayADNOC Distribution opens two stations in Sharjah
The openings support the company’s commitment to delivering on its promise to provide greater fuel retailer convenience to customers and neighborhoods.
BinDawood’s net profit down 50 percent for Q2
Taking a direct hit from the Covid restrictions, BinDawood, the Saudi supermarket retailer, has reported a 50 percent dip in net profit to $25.33 million for the second quarter of this fiscal.
ADNOC Distribution H1 net profit $313m
Higher fuel volumes, improvement in non-fuel and commercial gross profit margin and increased operational efficiencies made in the first half of 2021 helped in delivering good results.
