Retail
Pret A Manger Announces Value Write-Down
Pret A Manger wrote down one-third of its value due to market conditions. The adjustment was reported on September 9, 2025.
Western brands use data and culture to target Chinese consumers
American and European companies are increasingly relying on data analytics and cultural adaptation to capture China's massive consumer market. This approach addresses the unique preferences of over 1.4 billion people in the world's second-largest economy. Recent reports highlight how brands like Nike and Starbucks are succeeding through localization.
Walmart's sales in Mexico grow 5% in third quarter
Walmart de México y Centroamérica reported a 5% growth in third-quarter 2025 revenues, reaching 239.795 billion pesos, driven by sales in Mexico. Despite moderate consumption, the company opened new stores and bolstered its pricing strategies. However, net profit declined 9.2%.
Stockholm ICA store accused of relabeling expired meat
Iniulat ng AI
An ICA store in Stockholm's Östermalm district has been exposed for systematically relabeling expired meat with new dates to sell it. The revelation comes from Aftonbladet's "200 sekunder" program and has sparked strong reactions among customers. The store's owner has initiated an internal investigation and apologizes for the routine failures.
Couple charged with theft from Ikea in Uppsala
A couple in Uppsala faces charges for filling shopping carts at Ikea but paying only for small items on seven occasions. They are suspected of stealing goods worth over 41,000 kronor by not scanning everything at self-checkouts. The man confesses to the crimes, while the woman denies the allegations.
Walmart partners with OpenAI for ChatGPT checkout
Walmart has teamed up with OpenAI to integrate ChatGPT for shopping experiences. The collaboration enables users to shop, select items, and complete checkouts directly within the chat interface.