Tag: profits

August 1, 2023

How can retailers transform losses into profits? External economic factors, such as fluctuating interest rates, an unpredictable housing market and persistent inflation have prompted consumers to rethink their spending habits. As a result, profitability is now a top priority for […]

October 19, 2022

Asos has said it has committed itself to overhauling it business model after it plunged to an operating loss of almost £10 million for the year. Shares of the fast-fashion giant are down 80% this year, prompting new CEO José […]

October 30, 2020

Amazon has seen its shares dip two per cent in morning trading after it warned that its Christmas quarter could be “tight”. The online retail behemoth spooked investors yesterday after it warned that it could struggle to meet demand for […]

July 31, 2020

Amazon enjoyed its best ever quarter during lockdown, seeing its profits double and hit their highest level on record. Amazon’s sales jumped 40 per cent to $88.9 billion during its second quarter helping it achieve a net income of $5.2 […]

May 26, 2020

Alibaba has smashed expectations during its fourth quarter seeing revenues and profits soar as lockdown forced shoppers online. The Chinese ecommerce giant “reported better than expected March quarter results”, after predicting at the end of the previous quarter that it […]

March 25, 2020

Across the U.S. this week, many thousands of stores and hundreds of malls lay dark, as the country tries to slow the spread of the novel coronavirus. Around 100 retailers have closed all or a significant fraction of their stores. […]