Retail DECODED
Latest edition: 27 May 2024
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Spotlight
Target's net earnings drop 0.8% in Q1 FY24
US retailer Target has reported that its net earnings for first quarter (Q1) of fiscal 2024 (FY24) declined by 0.8% to $942m, compared to $950m in the same period of FY23.
Latest news
Wayfair debuts first large-format store in Illinois, US
The 150,000ft² store offers a wide range of home products including furniture, décor items and appliances.
Ahold Delhaize shuts underperforming US Stop & Shop stores
The US market accounts for more than half the company's revenue, with sales of €54.54bn there in 2023.
Explainer: April sees sharp decline in UK retail sales volumes
Silvia Rindone, EY UK&I Retail Lead, provides expert analysis on the latest Office for National Statistics retail sales data for April 2024.
In our previous edition
Retail Decoded
Asda removes 1.6m units of inaccurate inventory
24 May 2024
Retail Decoded
Online car retailer Cazoo files for administration in UK
23 May 2024
Retail Decoded
Body Shop administrators to put retailer up for auction
22 May 2024
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