Market & Tech
Financial results, new markets, deals and strategies across retail.
India's Avenue Supermarts ended the second quarter of fiscal 2027 with ₹196.44 billion in consolidated revenue and ₹7.43 billion in net profit. Mature-store growth accelerated and 15 locations opened, but costs and the pricing strategy narrowed profitability.
For the year ended 31 August, group revenue rose 16.6% and business profit increased 30.4%. North America and Europe together generated more UNIQLO sales than Greater China for the first time, but the FY2027 targets remain management forecasts.
For the 26 weeks to 29 August, sales excluding VAT and fuel rose 2.0%, while adjusted operating profit increased 6.5% to £1.783 billion. Tesco narrowed its full-year profit outlook to £3.15–£3.30 billion and raised its buyback to £950 million.
The Canadian investors will acquire the UK pharmacy and beauty chain, Boots Opticians and No7 Beauty Company. Fairfax is expected to own 50% of the equity while Wittington retains operating control; closing is expected in the first quarter of 2027.
The all-cash agreement would add large office and event orders to Uber Eats. The deal has not closed: regulatory approvals and other customary conditions still stand in the way.
The Indian fashion retailer accelerated sales and opened 27 locations during the quarter. But this is a preliminary operating update: profit, margin and like-for-like sales have yet to be disclosed.
The group CEO disclosed store refurbishment, London flagship negotiations and international-franchise plans. These are strategic statements, not delivered financial results; the official Premium Lifestyle segment is still contracting.
Investors agreed to buy 83.345 million new shares at 600 pence. The proceeds are primarily intended for the major shopping-centre acquisition, but ownership transfer still depends on a legal condition and bondholder consent.
The acquisition of the Dutch brand closed on 2 October. The price was not disclosed; revenue, synergy and earnings effects remain management estimates announced when the deal was signed.
AuctionZip is included alongside Invaluable. The platforms processed more than $500 million in gross merchandise sales in their latest fiscal year, but that measure is not platform revenue.
Quarterly revenue fell to $11.2 billion, Nike Direct declined 8% and Nike Brand Digital fell 13%. Pace is expected to deliver about $2.5 billion of cumulative savings through fiscal 2031, but requires roughly $1 billion of charges and will reduce roles.
The conditional reorganisation would give DFI full control of the Starbucks licensed business in seven Asian markets. In return, Maxim’s will buy back DFI’s group stake and pay about $340 million; closing is expected by the end of March 2027.
Sales rose 7.7% in the third quarter and the full-year outlook improved. At the same time, Greggs proposes closing four manufacturing sites, potentially affecting about 740 roles.
Fourth-quarter like-for-like revenue excluding FMCG rose 9.5%. The company says clearing older collections contributed three to five percentage points and temporarily reduced gross margin by about 200 basis points.
Aldi UK and Ireland turnover rose 5% to £19 billion in 2025, but operating profit stayed near £433 million. The discounter plans to open 40 stores in 2027 and continue work on its distribution network.
Second-quarter revenue edged up 0.9% to $11.08 billion, while adjusted net income fell 66.6%. Growth outside the United States and Europe offset weakness in the two largest regions, but not the surge in fulfilment costs.
Kasia Niemirowicz-Majtas’s appointment raises a practical question: how should a store network be judged when customers shop across channels?
Costco increased fiscal 2026 net sales 10.1% to $297.2 billion. Digitally enabled comparable sales rose 19.5% in the fourth quarter, although a one-off tariff refund benefit contributed to profit growth.
On September 24, 2026, the British online retailer reported that it had closed the deal using existing cash resources. The price was not disclosed; AO World expects to use its traffic and operating scale to grow the photography retailer.
The homewares chain's sales fell 7.1% to €412.8 million, while current EBITDA declined 41% to €27.1 million. The net loss narrowed to €64 million and free cash flow remained negative; the company is not providing financial guidance.
The online personal styling service reported $1.348 billion in revenue and a $12.6 million net loss for fiscal 2026. Active clients declined 1.4% year over year in the fourth quarter, and the outlook allows for a fall in annual revenue.
Stephan Sturm will leave the supervisory board no later than October 15. The company has confirmed the decision; Reuters links it to pressure from the largest shareholder, while a new chair has yet to be selected.
Blue Pool Capital led the equity round. The funds are intended to expand lending and money services in Saudi Arabia and the UAE, but completion of the deal depends on regulatory approvals.
The deal is set to bring together 235 stations. The plan to expand to 800 sites by 2031 remains a target, rather than an achieved result.
The September 11 announcement confirms expansion following the August market entry. Sales through local marketplaces are still described as a plan.
The US online pet retailer reported growth in profit and repeat sales.
The Indian quick-delivery service is approaching Swiggy Instamart in order volume. The figures are media estimates.
Zara's owner uses online order data to select cities and combines openings with expansion and refurbishment of existing stores.
The British group is investing more in store refurbishment as results at Waitrose and John Lewis diverge.
The second-quarter report combines weak comparable-sales growth with rising online sales and profit in the advertising division.
Total payment on the BO-005R-02 issue was approximately RUB 47.3 billion, including repayment of principal.