Monday , 9 February 2026

Recent Posts

Ocado’s retail business grows as company focuses on tech

Bloomberg Ocado Group Plc‘s retail business keeps steaming ahead as the UK online grocer counts down a year to the launch of its partnership with Marks & Spencer Group Plc. Retail revenue grew 11 percent for the 13 weeks through September 1, even though the average order size was down slightly. The company kept its projection for 10 percent to …

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US’s retail holiday sales poised to rise

Bloomberg Holiday retail sales will increase by 4.5 percent to 5 percent to more than $1.1 trillion this year as a strong US job market offsets concerns about an economic slowdown and the trade war with China, according to Deloitte. “Near record-low unemployment rates, coupled with continued monthly job creation, may encourage people to spend more during the holiday season,” …

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Kenya Air puts CFO on ‘leave’

Bloomberg Kenya Airways Plc sent acting Chief Financial Officer Hellen Mwariri on compulsory leave, according to three people with knowledge of the matter. Mwariri is under investigation by the board for allegedly leaking sensitive company information, two of the people said. She did not respond to a text message request for comment and calls to her mobile phone didn’t connect. …

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