E-Commerce

Amazon Earned €581 Per Second In 2023, Study Finds

Online giant Amazon earned $636 (€581) per second last year, new data on the global e-commerce market has found, more than its Chinese rivals Alibaba...

EU Members Endorse Diluted Draft Rules On Rights For Gig Workers

Europe moved a step closer to giving so-called gig economy workers at online platforms such as Uber and Deliveroo greater social and labour rights, althoug...

Costco Wholesale Misses Revenue Estimates On Weak Discretionary Spending

Costco Wholesale fell short of Wall Street estimates for quarterly sales due to tepid demand for higher margin goods.

Kroger Forecasts Upbeat 2024 As Grocery Demand Stays Strong

Kroger has forecast annual sales and profit largely above Wall Street estimates on higher demand for groceries at its stores as more Americans prepare meal...

Britain's M&S Co-CEO Bickerstaffe To Leave This Year

British retailer Marks & Spencer said co-chief executive Katie Bickerstaffe would leave the group this year to pursue a portfolio c...

Target's Earnings Surge Despite Holiday Sales Dip, Sees Sales Recovery In 2024

Target has reported higher holiday-quarter earnings on a smaller-than-expected sales decline and predicted that annual comparable sales would come in large...

EU Provisionally Agrees On Law To Cut Packaging Waste

The European Union has reached a provisional deal on a new law to cut packaging waste and ban single-use plastics, such as supermarket bags for fruit and m...

Irish Grocery Inflation Declines For Tenth Month In A Row: Kantar

Grocery inflation in Ireland declined for the tenth month in a row to 4.7%, falling by 1.2 percentage points from 5.9% in January, according to the latest...