Grocery Categories Help Lift Costco’s Q1 Sales
As the holiday season approaches, Costco Wholesale Corp. is reporting positive financial outcomes for its first quarter, showcasing how grocery categories have significantly contributed to the company’s performance. For the 12-week period ending November 24, Costco recorded net sales of…
Kroger’s Q3 ID Sales Edge Up, But Total Company Sales Down
The Kroger Co. recently released its financial results for the third quarter ended November 9, revealing a nuanced scenario where identical sales increased slightly, yet total company sales took a downturn. This decline can be largely attributed to an important…
ChannelEngine and Aramex Join Forces to Enhance E-Commerce Opportunities in the Middle East
The e-commerce sector in the Middle East has been witnessing unprecedented growth in recent years, driven by changing consumer behaviors, increased internet penetration, and the rise of digital payment solutions. Against this backdrop, ChannelEngine, a leader in marketplace integration and…
Walmart Sees Its Highest Growth in Food in 4 Years
In a notable trend observed during the third quarter, Walmart has achieved an impressive milestone in the grocery sector, marking its highest growth in food sales in four years. The latest quarterly earnings report from Walmart highlighted a significant rise…
Optimizing E-Commerce Logistics in Europe: Carrier Performance Insights
The European e-commerce logistics market continues to thrive, becoming an essential component of the region’s expanding online retail landscape. With e-commerce sales activities predicted to reach an impressive $745 billion by the end of 2024, and an 8% compound annual…
DHL Express Invests Over €100 Million to Enhance Transport and Handling Capacities for Peak Season
In a strategic move to enhance its operations during the upcoming peak season, DHL Express is channeling over €100 million into its transport and handling capacities in the fourth quarter of 2024. This significant investment is aimed at addressing the…
