PERSPECTA

News from every angle

Results for “Retailers

77 stories found

Brandt Blames Retailers for Its Financial Difficulties
Businessle-figaro7d ago

Brandt Blames Retailers for Its Financial Difficulties

Mauricio del Puerto, former director of the French home appliance group Brandt (liquidated in December), accused large retailers of significant responsibility for the company's struggles, citing margin negotiations and competition from private-label products.

Hat-trick of good UK economic news, but US growth misses forecasts – business live
BusinessThe Guardian12d ago

Hat-trick of good UK economic news, but US growth misses forecasts – business live

UK budget surplus hits record in January and retail sales rose, while private sector activity is strengthening in February UK reports record-breaking budget surplus of £30.4bn in surprise boost for Rachel Reeves Art and antiques help lift retail sales in Great Britain to biggest monthly rise since 2024 The jump in tax receipts last month may show that UK government receipts are starting to get the boost from inflation and wage growth earlier in the year. Nick Ridpath, research economist at the Institute for Fiscal Studies, says: Today’s data on the public finances is particularly important, given the outsized impact of January’s self-assessment returns on revenues and borrowing for the year as a whole. Income tax receipts had been a little disappointing over 2025, lagging behind forecasts even as inflation and wage growth exceeded expectations. But today’s data shows that self-assessment revenues in January were almost £2bn (6%) higher than forecast. Mail order retailers, which are predominantly online, experienced a boost from retailers selling sports supplements, as well as continued strong sales volumes by online jewellers. Comments from jewellers reported that demand had hit unprecedented levels. Continue reading...

Walmart’s Sam’s Club cracks China market formula even as foreign retailers shut shop
BusinessSCMP16d ago

Walmart’s Sam’s Club cracks China market formula even as foreign retailers shut shop

US warehouse retailer Sam’s Club has gained traction among Chinese shoppers by strengthening localisation and launching more China-tailored products, continuing to expand even as many foreign retailers have scaled back their mainland operations or exited the market. Instead of replicating its US model, Walmart-owned Sam’s Club has introduced products catering to local tastes, including copper gourd ornaments, ginseng and some traditional food items in the days leading up to the Lunar New Year...

Winter sports scream glamour
Culturecyprus-mail5d ago

Winter sports scream glamour

By Tamsin Johnson Marks and Spencer is one of the latest UK high-street brands to launch a ski-wear collection. Even supermarket Lidl are in on the action, with their ski range starting from under €5. This follows earlier moves by fast-fashion retailers such as Topshop which launched SNO in the mid 2010s and Zara’s imaginatively […]

Slovak Retailers Implement Measures to Reduce Food Waste
Businessaktuality-sk6d ago

Slovak Retailers Implement Measures to Reduce Food Waste

With rising food prices, households are scrutinizing every euro, while retailers face increasing pressure to prevent food waste. Slovak chains are implementing various strategies, including discount boxes, food banks, and donating food for animal feed, to ensure unsold items do not end up in landfills.

Hong Kong visitor numbers jump for Chinese New Year holiday as gold sales shine
BusinessSCMP8d ago

Hong Kong visitor numbers jump for Chinese New Year holiday as gold sales shine

Visitor numbers in Hong Kong rose about 14 per cent during the Chinese New Year holiday but more residents left the city, while local retailers reported bumper sales of gold products. Some retailers reported single purchases worth millions of Hong Kong dollars within categories such as watches and jewellery, even as the broader retail recovery remained uneven. Immigration Department figures showed trips made by visitors – from mainland China and elsewhere – rose about 14 per cent year on year...

DoorDash's CEO says he's got an edge on Amazon in groceries
BusinessmarketwatchBusiness Insider14d ago2 sources

DoorDash's CEO says he's got an edge on Amazon in groceries

DoorDash reported worse-than-expected fourth-quarter earnings on Wednesday. Jeffrey Greenberg/Universal Images Group via Getty Images DoorDash has a key advantage over Amazon in grocery delivery, CEO Tony Xu said Wednesday. The delivery service offers a wider variety owing to its myriad partnerships with grocers, Xu said. Amazon is ramping up its grocery delivery, creating more competition for DoorDash and Instacart. DoorDash CEO Tony Xu says that his company's grocery offering has a key advantage over Amazon: choice. Amazon is doubling down on grocery delivery, especially perishables like produce and ice cream. The retail and tech giant said last month that it's expanding same- and next-day grocery delivery to more parts of the US this year, adding to the thousands of towns and cities it already serves — news that sent shares of Instacart and DoorDash tumbling at the time. DoorDash, though, has something that shoppers want and that Amazon isn't replicating, Xu said on the company's fourth-quarter earnings call on Wednesday. Unlike Amazon, which owns Whole Foods and several of its own food brands, DoorDash works with existing grocery chains. The delivery service has struck deals in recent years. Last year, it expanded its partnership with Kroger and signed new deals with regional chains, including Schnucks in the Midwest. Few customers complete all their grocery shopping at a single chain, Xu said. Many stop at multiple stores each week, especially to find specific fresh groceries, such as produce, meat, and seafood. "Consumers prefer choice," Xu said on the call, adding that he expects there to "continue to be very strong interest in the DoorDash product" as a result. DoorDash is also expanding its services for retailers, such as fulfillment through its DashMarts, convenience store-sized retail spaces designed for picking and delivering orders. Xu said DoorDash is "doing that for every single grocer so that they have the capability to compete against companies like Amazon." DoorDash shares rose as much as 14% in after-market trading on Wednesday, despite disappointing fourth-quarter earnings and guidance for 2026. The company's stock took its biggest one-day hit in November after it unveiled plans to spend hundreds of millions of dollars on tech improvements. While DoorDash has become known for restaurant deliveries, its gig workers are increasingly making grocery deliveries — many of which make more financial sense for DoorDash. Xu said DoorDash has attracted more big grocery orders from customers, not just small fill-in trips. That matters in the grocery industry, where grocers tend to make more money when customers buy a wider range of goods. "People use us for both the quick runs as well as the stock-up use cases," he said. Ravi Inukonda, DoorDash's CFO, said on the call that DoorDash's retail and grocery business expects to "be unit-economic positive" in the second half of 2026. Have a tip? Contact this reporter at abitter@businessinsider.com or via encrypted messaging app Signal at 808-854-4501. Use a personal email address, a nonwork WiFi network, and a nonwork device; here's our guide to sharing information securely. Read the original article on Business Insider

Instacart salaries revealed: Here's how much the delivery service pays data scientists, engineering managers, and others
BusinessBusiness Insider17d ago

Instacart salaries revealed: Here's how much the delivery service pays data scientists, engineering managers, and others

Instacart hired software engineers and data scientists on H-1B visas last year. illustration by Cheng Xin/Getty Images Instacart is growing beyond its traditional grocery delivery business. The company's advertising and retail tech businesses are expanding. Here's what the company paid some of its corporate employees in 2025. Delivery service Instacart is moving further into new areas, such as advertising and retail tech. The company's roughly 600,000 gig workers, who shop and deliver groceries and other retail goods, are its most visible face for many people. But Instacart's business is growing in many directions, CEO Chris Rogers said on a November earnings call. "We have the leading online grocery marketplace, a best-in-class suite of enterprise technologies for retailers, and a growing advertising ecosystem," Rogers said on the call, his first as CEO after assuming the position in August. Instacart needs people to make good on its growth plans. The company had about 170 open roles on its careers website as of early February. "We're hiring selectively, with priority on roles that support our core marketplace, Instacart Enterprise solutions for retailers globally, and our ads and data platform," an Instacart spokesperson told Business Insider. "We regularly review compensation to ensure it's competitive and aligned with market benchmarks, location, and role," the spokesperson said. That hiring can include some employees from outside the US on H-1B work visas. Business Insider analyzed how much money companies from Apple to Walmart are paying for tech jobs and other roles. Explore salary data from America's biggest employers. Business Insider analyzed 157 H-1B visa applications submitted by Instacart and certified by the Department of Labor in the year ending September 30, 2025. These applications provide insight into how much employees in certain roles make. Many of the salaries were for tech roles, including data science, engineering, and product management positions. The Trump administration has initiated changes to the H-1B visa system. In September, Trump imposed a $100,000 fee on new applications. He's also proposed changes to work visa rules that could tilt the already competitive visa lottery in favor of the highest-paid applicants, lawyers told Business Insider. However, these changes were largely initiated after this reporting period. Here's a look at some of the jobs for which Instacart has disclosed salaries in the work visa data. Data Scientist: $125,000 to $210,000 Director of Engineering, Machine Learning: $320,000 to $380,000 Engineering Manager, Software: $220,000 to $290,000 Manager, Machine Learning Engineering: $260,000 to $280,000 Principal Software Engineer: $350,000 to $380,000 Senior Computer Vision/AI Engineer: $180,000 to $290,000 Senior Data Scientist: $170,000 to $265,000 Senior Engagement Manager: $235,000 to $285,000 Senior Engineering Manager: $275,000 to $305,000 Senior Engineering Manager, Software: $275,000 to $305,000 Senior Machine Learning Engineer: $185,000 to $300,000 Senior Machine Learning Engineer: $190,000 to $298,000 Senior Product Manager: $185,000 to $280,000 Senior Software Engineer: $176,000 to $285,000 Software Engineer: $165,000 to $215,000 Staff Software Engineer: $250,000 to $310,000 Have a tip? Contact this reporter at abitter@businessinsider.com or via encrypted messaging app Signal at 808-854-4501. Use a personal email address, a nonwork WiFi network, and a nonwork device; here's our guide to sharing information securely. Read the original article on Business Insider