Finance
The Visa Pass Controversy – The Hidden Costs of Revolving Credit
In a landmark ruling, Spain’s Supreme Court has ruled against Carrefour’s Visa Pass revolving credit card, citing a lack of transparency in its financial terms. This verdict is not just a legal loss for...
Albertsons Reports Strong Q3 Fiscal 2024 Results Amidst Merger Termination Dispute
Albertsons Companies, Inc. has released its third-quarter fiscal 2024 results, demonstrating continued growth in sales and digital expansion, despite challenges posed by the terminated merger with Kroger. The company reported positive financial performance, with...
Tesco Shares Deliver Exceptional Returns: £15,000 Investment Grows to £19,500 in a Year
Tesco has delivered an impressive performance in 2024, turning a £15,000 investment at the start of the year into £19,500 by January 2025. This includes a £635 dividend payout alongside substantial capital appreciation, resulting...
Walmart Shareholders Push Back Against DEI Policy Cuts
By R Beladi Walmart, the world’s largest retailer, finds itself at the centre of a heated debate following significant changes to its diversity, equity, and inclusion (DEI) initiatives. The company’s decision to scale back...
Top 10 Biggest Supermarket Chains by Turnover in the World 2024
In the ever-evolving landscape of global retail, supermarket chains are pivotal to the global economy. These retail giants not only dominate food and beverage sales but also have a significant presence in other sectors...
The Container Store Files for Chapter 11 Bankruptcy: A Response to Economic Pressures and Intense Competition
In a significant move, The Container Store, the Texas-based retailer specializing in organizational products and home storage solutions, has filed for Chapter 11 bankruptcy protection. The decision comes as the company grapples with a...
UK Inflation Rises Again: Fingers Crossed for 2025, Supermarkets Warn of Challenges
UK Inflation Rises Again: Fingers Crossed for 2025, Supermarkets Warn of Challenges As inflation in the UK continues its upward trajectory, reaching 2.6% in November 2024—the highest rate in eight months—the government faces mounting...
Kroger’s New Strategy Set to Propel Share Performance in 2025
Kroger (NYSE: KR) is preparing for a potential rise in its share price in early 2025, driven by a refreshed strategic plan that is already drawing attention across the retail sector. As one of...
Trump and SoftBank CEO to Unveil $100 Billion Investment in U.S.
PALM BEACH, Fla.—Donald Trump and SoftBank Group CEO Masayoshi Son are set to announce a landmark $100 billion investment into the United States, focused on advancing artificial intelligence (AI) and emerging technologies. The announcement,...
Understanding Retail Industry Regulations: A Comparison Between Algeria and Europe
By Fatma ezohra BenmounaAlgerian Law retail specialist The retail industry operates within complex legal frameworks, with regulations varying significantly between regions. Algeria and Europe present two starkly different systems in how they govern supermarkets...