Bloomberg Online grocery services provider Ocado Group Plc and Casino Guichard-Perrachon SA in France have created a logistics joint venture to help other retailers in France sell their goods online. In a significant expansion of their existing partnership, the two companies signed a preliminary agreement where the duo will provide logistics services, including project management and operations support in ...

  Bloomberg UK retail sales bounced back in January as the impact of the Omicron variant on consumers ebbed. The volume of goods sold in stores and online added 1.9%, reclaiming some of the 4% plunge in December, the Office for National Statistics (ONS) said. It was the biggest monthly increase since April when non-essential stores reopened. Economists had expected ...

  Bloomberg Hermes International shares fell the most in five years after the French luxury-goods maker reported lower revenue from its key leather-goods division as it failed to keep up with demand for products like $9,000 Birkin bags. The stock dropped as much as 8.4%, having lost more than a quarter of its value since setting a record late last ...