QuickPost News | March 5, 2025 | London
LONDON—Nearly nine years after the Brexit vote on June 23, 2016, its financial shockwaves still echo, with UK investment funds bleeding £5.7 billion in outflows in July 2016 alone—a record that set the tone for a decade...
Walmart is rapidly expanding its online marketplace by onboarding more Chinese sellers, aiming to catch up with Amazon and Temu’s successful strategies. This shift marks a significant transformation for the retail giant as it adapts to the evolving e-commerce landscape.
Walmart’s New Approach to E-Commerce
Walmart’s...
QuickPost News | London
LONDON—Brexit’s specter looms large again in 2025 as economists and financial analysts warn that exiting the EU—or revisiting its terms—would unleash an “economic and financial shock” on the UK, a prophecy first sounded nearly a decade ago. With European markets already...
QuickPost News | London
LONDON—Tesco’s CEO Ken Murphy declared the “space race” officially dead on Tuesday, unveiling a radical pivot as Britain’s retail titan reported a 22% profit crash—the steepest in over a decade. Pre-tax profits for the fiscal year ending February 28, 2025, slumped...
QuickPost News | London
LONDON—Marks & Spencer (M&S) has staged a stunning comeback, posting its first profit increase in four years as the British retail giant reported a pre-tax profit of £725 million for the fiscal year ending March 1, 2025—a 17% leap from £620...