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Joyce Abano

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Tesco, Carrefour team up in bid to cut prices

Britain’s largest grocery chain trials “shop and go” technology.

Starbucks US to close 150 stores

Seattle-based coffee chain to close underperforming company-operated stores next year.

Macy’s says physical stores sales ‘healthy’

Outlook improves amid upbeat commentary.

H&M Afound discount marketplace to launch this year

The new discount concept, H&M Afound will launch later this year in Sweden.

H&M profits slide amid weak sales

Swedish fashion retailer warns of more price cuts ahead to unload unsold clothes.

Jump in online sales boosts Zara owner’s profits

Surging online sales have boosted Zara parent’s Inditex’s net profit in the past fiscal year by 7 per cent.