annual sales

Malabar Gold sees Rs 51,000 crore annual sales

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[ KOCHI: Malabar Gold & Diamonds has recorded an annual retail turnover of Rs 51,218 crore globally in fiscal 2023-24. The Kozhikode-based group said in a release that it had spent Rs 234 crore on CSR activities. The world’s sixth-largest jewellery group, which operates 345 stores across 13 countries, said its retail expansion plans included … Read more

Macy’s forecasts annual sales below estimates, to shutter 150 stores

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[ NEW YORK: Macy’s forecast annual sales below market expectation on weak demand for its apparel and shoes and said it would close 150 stores through 2026 in a new turnaround plan, sending its shares down about 3% before the bell on Tuesday. The retailer did not provide details on the location of stores set … Read more