Food retailer Ahold Delhaize USA has added its Hannaford brand to its proprietary digital and eCommerce platform.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.With this addition, Ahold Delhaize USA has completed ...

SALISBURY, N.C., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Ahold Delhaize USA today announced the completion of the rollout of its proprietary digital and e-commerce platform for all five U.S. brands – Food Lion, The GIANT Company, Giant Food, Hannaford and Stop & Shop. This milestone was marked as Hannaford transitioned to the platform this fall. The modern, cloud-based architecture enables the Ahold Delhaize USA brands to collectively serve more than 26 million customers each week. “This achievement represents th ...

Q3 2025 Financial Performance - Net sales reached $110.3 million, a 10.4% year-over-year increase[56, 61] - Average Order Value (AOV) was $2,209[56] - Total orders increased by 17% year-over-year[56] - Repeat orders grew by 16% year-over-year[56] - Gross margin stood at 57.6%[56] - Adjusted EBITDA was $3.6 million, representing 3.2% of net sales[56] - The company ended the quarter with $73.4 million in cash[56, 61] Strategic Achievements - Engagement ring bookings returned to year-over-year growth[61] - Fine jewelry bookings experienced a 45% year-over-year increase, accounting for 14% of total bookings mix[61, 79] - Wedding and anniversary band bookings achieved their highest-ever quarter with double-digit year-over-year growth[61, 79] - The company paid off its outstanding term loan balance of $34.8 million, resulting in zero debt[61] Future Outlook - The company projects net sales growth of 3% to 4.5% year-over-year for fiscal year 2025[97] - The company anticipates an adjusted EBITDA margin of 2% to 3% for fiscal year 2025[97]

Core Insights - Majid Al Futtaim Lifestyle is focusing on regional expansion through digital growth, omnichannel innovation, and stronger brand partnerships, highlighted by the collaboration with Abercrombie & Fitch Co. and the launch of dedicated e-commerce platforms in Saudi Arabia and Qatar [2][5][26] - The company is leveraging data, technology, and cultural relevance to redefine modern retail in the Middle East, particularly in response to evolving consumer expectations [3][10] Expansion and Partnerships - The expanded partnership with Abercrombie & Fitch Co. marks a significant milestone in Majid Al Futtaim's long-term retail strategy, emphasizing sustainable growth and trust built over 16 years [5][26] - The launch of dedicated e-commerce platforms for Abercrombie & Fitch and Hollister in Saudi Arabia and Qatar is a natural progression in the company's omnichannel strategy, integrating physical retail with digital convenience [6][26] Omnichannel Strategy - Majid Al Futtaim views online and offline channels as a connected ecosystem, aiming to provide a seamless customer journey across various platforms [11][15] - The company has seen a revenue uplift of over 10% within the first year of launching e-commerce platforms for lululemon, demonstrating the effectiveness of their omnichannel approach [12] Consumer Insights and Personalization - Advanced analytics are used to understand customer behavior at both market and individual store levels, allowing for tailored product assortments that reflect local preferences [8][20] - Personalization is central to the customer experience, with the SHARE loyalty program and analytics capabilities enabling the company to create relevant and rewarding experiences [17][18] Cultural Relevance and Brand Localization - Majid Al Futtaim ensures that global brands resonate with regional consumers by balancing global identity with local relevance, utilizing data-driven insights to tailor marketing and experiences [19][22] - The introduction of culturally relevant products, such as Abercrombie & Fitch's first Arabic logo, exemplifies the company's commitment to connecting with local audiences [9][21] Future Growth Opportunities - The company has an ambitious development pipeline focused on expanding its presence in high-growth categories and deepening the performance of existing brands [23][24] - Saudi Arabia remains a key strategic market, with plans for further expansion into Diriyah Square and the introduction of new global brands to enhance the existing portfolio [24][25][26]

Core Insights - Instacart is witnessing a growing trend among independent grocers in the U.S. adopting its enterprise technology solutions to enhance customer experience both in-store and online [1][2] Group 1: Adoption of Technology - Independent grocers are increasingly investing in technologies like Caper Carts, FoodStorm, and Storefront Pro to provide a seamless shopping experience [1][2] - The number of stores using Caper Carts has nearly tripled over the past year, now spanning nearly 100 cities across 15 states [4] - FoodStorm has seen adoption in over 3,000 stores in North America, more than doubling since the end of 2024 [7] Group 2: Customer Experience Enhancement - Caper Carts allow customers to track spending and check out directly on the cart, leading to improved customer engagement and coupon redemption [3][4] - Retailers using Caper Carts report that 40% of customers redeem discounts presented on the smart cart, with over half using at least one coupon during checkout [3] - Storefront Pro enables grocers to create a fully branded online shopping experience, integrating features like weekly ads and AI-powered personalization [8][9] Group 3: Operational Efficiency - FoodStorm enhances back-of-house efficiency for grocers like Luke's Local Grocery, allowing real-time handling of made-to-order food without sacrificing quality [5][6] - Instacart's enterprise solutions help retailers streamline workflows, drive sales, and offer personalized shopping experiences [10]

Financial Performance - Overall revenue declined by 5.8% to RMB 12.3 billion, affected by weak consumer demand and air flight traffic fluctuations [4][6] - Retail business revenue declined by 3% worldwide, while wholesale business revenue decreased by 20.3% [4] - Gross profit margin declined by 0.1% to 41%, with total expenses decreasing by 5.5% [6][9] - Net profit declined by 6% on a worldwide basis, with a net profit rate of 6.4% [9][10] - Free cash flow was RMB 1.22 billion, representing 1.5 times the net profit for the same period [13][14] Business Line Performance - Core brand sales revenue decreased by 4.8% to RMB 10.8 billion, while other brand sales revenue declined by 12.2% to RMB 1.4 billion [4] - Online sales discounts were higher than offline, contributing to the increase in online channel sales but negatively impacting gross profit margin [5][6] - Employee headcount decreased by 16% worldwide, with total employee costs down by 5.2% [7] Market Data - The textile and apparel industry grew by 2.5%, slightly faster than the previous year, but the recovery pace was lower than the overall retail sales growth [15] - Consumer segmentation in the sports industry has become more diverse, with a shift towards specialized vertical interest communities [16] Company Strategy and Industry Competition - Topsports is committed to advancing its core strategy and adapting to market changes, focusing on omnichannel retail agility and operational efficiency [2][17] - The company aims to enhance its role within the industrial ecosystem by expanding brand partnerships and improving operational lean management [17][18] - Topsports is focusing on building a diversified user value system and enhancing user relationships through targeted marketing and omnichannel integration [26][27] Management Comments on Operating Environment and Future Outlook - The management acknowledges the challenging external environment but remains optimistic about achieving planned performance [2][3] - The company is committed to fulfilling its full-year guidelines and aims for net profit to remain flat in fiscal year 2026 [61] - Management emphasizes the importance of adapting to evolving consumer habits and enhancing digital intelligence capabilities [19][31] Other Important Information - The company has reduced capital expenditure by 36% and selling and distribution expenses ratio decreased by 0.2% [21] - Topsports is actively engaging in sustainability initiatives, including a used clothing recycling charity [23][24] Q&A Session Summary Question: Future of Nike in China and partnership strategies - Management acknowledges Nike's challenges in the Chinese market and is supportive of their initiatives to improve offline operations [41][42] Question: Sustainability of brand support and product orders - Management believes that as a key partner, Topsports will continue to receive strong support from brands despite market challenges [56][57] Question: Outlook for H2 and product breakdown from Nike - Management expects to fulfill full-year guidelines and maintains a healthy inventory level, with 70% to 80% of Nike products being new [62][61] Question: Development of Aptus project - Aptus is positioned as a social infrastructure for runners, focusing on community engagement and brand partnerships [63][64]

Financial Performance and Key Indicators - Overall revenue declined by 5.8% to RMB 12.3 billion, with retail business down by 3% and wholesale business down by 20.3% [3][5] - Gross profit margin decreased by 0.1% to 41%, while total expenses decreased by 5.5%, leading to a slight increase in expense ratio to 33.2% [5][9] - Net profit declined by 6% on a worldwide basis, with a net profit rate of 6.4%, reflecting a slight reduction of 0.3% [9][13] Business Line Performance - Core brand sales revenue decreased by 4.8% to RMB 10.8 billion, while other brand sales revenue declined by 12.2% to RMB 1.4 billion, primarily affected by lifestyle sports brands [3][5] - Online sales discounts have increased, contributing to a rise in online channel sales but negatively impacting overall gross profit margin [4][5] Market Data and Key Indicators - The textile and apparel industry grew by 2.5%, slightly faster than the previous year, but the recovery pace was lower than the total social consumer goods retail sales growth [15] - Consumer segmentation in the sports industry has become more diverse, with a shift towards specialized vertical interest communities [16][30] Company Strategy and Development Direction - Topsports is committed to advancing its core strategy, focusing on omnichannel retail agility and operational efficiency [2][17] - The company aims to enhance its role within the industrial ecosystem by expanding brand partnerships and optimizing operational capacities [2][17] - Future strategies include reinforcing expansion into emerging scenarios and high-potential areas, with a focus on product R&D and operational lean management [17][34] Management Comments on Operating Environment and Future Outlook - The management acknowledges the challenging external environment but remains optimistic about achieving planned performance [2][34] - The company is focused on maintaining a flat net profit for fiscal year 2026, with an improved net profit rate [49] - Management emphasizes the importance of adapting to changing consumer behaviors and market dynamics [30][34] Other Important Information - Free cash flow was RMB 1.22 billion, with a dividend payout of RMB 868 million, representing 34% of the beginning cash [13][15] - The company has reduced its employee headcount by 16% worldwide, contributing to cost efficiency [6][7] Q&A Session Summary Question: Future of Nike in China and partnership strategies - Management acknowledges Nike's investment in the offline channel and ongoing negotiations to optimize store operations and reduce costs [36][37] Question: Sustainability of brand support and order placements - Management believes that as a key partner, Topsports will continue to receive strong support from brands, despite a decrease in orders [47][48] Question: Outlook for H2 of fiscal year and product orders from Nike - Management expects to fulfill full-year guidelines and maintain a healthy inventory level, with 70% to 80% of products being new [49][50] Question: Development plans for Aptus - Aptus is positioned as a social infrastructure for runners, focusing on community engagement and brand collaborations [51][52]

Financial Performance and Key Indicators - Overall revenue declined by 5.8% to RMB 12.3 billion, affected by weak consumer demand and flight traffic fluctuations [4] - Retail business revenue decreased by 3% year-over-year [4] - Wholesale business revenue declined by 20.3% [5] - Gross profit margin declined by only 0.1 percentage points to 41% despite deeper discounting [7] - Total expenses decreased by 5.5%, with expense ratio slightly increasing to 33.2% [7] - Net profit declined by 6% year-over-year, with net profit rate at 6.4% [11] Business Line Performance - Core brand sales revenue decreased by 4.8% to RMB 10.8 billion, while other brand sales revenue declined by 12.2% to RMB 1.4 billion [5] - Specialized vertical brands performed best, particularly in comprehensive sports and live sports categories [5] Market Data and Key Indicators - The textile and apparel industry grew by 2.5%, but the recovery pace was slower than the overall retail sales growth [20] - Consumer segmentation in the sports industry has become more diverse, with a shift towards specialized vertical interest communities [21] Company Strategy and Development Direction - The company is focused on refining its omni-channel retail agility and operational efficiency [2] - Plans to expand brand partnerships and enhance product R&D to capture segmented demand [22] - Emphasis on building a digital intelligence strategy to improve operational efficiency [23] Management Comments on Operating Environment and Future Outlook - The management remains optimistic about the second half of the fiscal year, aiming for flat net profit and improved net profit rate year-over-year [70] - The company acknowledges challenges in the market but is committed to fulfilling its performance guidelines [70] Other Important Information - Free cash flow was RMB 1.22 billion, representing 1.5 times the net profit for the same period [19] - The company maintains a robust cash generation capacity, with a dividend payout ratio consistent with the previous year [19] Q&A Session Summary Question: Future of Nike in China and partnership strategies - Management noted that Nike's recovery in China is slower than in other markets, and they are supportive of Nike's initiatives to reduce discounts and invest in offline channels [48][49] Question: Sustainability of brand support - Management believes that as a major partner, they will continue to receive strong support from brands, especially in challenging market conditions [65] Question: Outlook for H2 and next fiscal year - Management is committed to fulfilling full-year guidelines and expects net profit to be flat with an improved net profit rate year-over-year [70] Question: Product order breakdown and discount updates - Approximately 70% to 80% of Nike products are new, and the discount rate has stabilized [71][72] Question: Actos project and its future development - Actos is evolving into a community hub for running enthusiasts, emphasizing social interactions and brand collaborations [75][76]

Financial Data and Key Metrics Changes - Quarterly revenue was USD 9.7 billion, up 4.9% year-over-year, and adjusted diluted EPS was USD 9.50, up 17% [5][17] - Same-store revenues for the quarter increased 7.7%, with total gross profit increasing 3.2% despite normalization of front-end gross profit units (GPUs) [6][7] - Adjusted SG&A as a percentage of gross profit was 67.9% compared to 66% a year ago, with North America's adjusted SG&A flat sequentially at 64.8% [17][18] Business Line Data and Key Metrics Changes - New retail revenue grew 5.5%, with units up 2.5%, while new GPU was USD 2,867, down USD 348 sequentially [7] - Used retail revenue increased by 11.8% year-over-year, driven by a 6.3% increase in unit growth and higher average selling prices [7][8] - After-sales revenue increased 3.9%, with gross profit rising 9.1% and margins expanding to 58.4%, up 280 basis points year-over-year [9] Market Data and Key Metrics Changes - Vehicle inventory and carrying costs improved, with new day supply at 52 days, a decrease of 11 days sequentially [9] - Financing operations income was USD 19 million in the quarter, with a net interest margin of 4.6%, up 70 basis points year-over-year [19] - The used car market showed strong performance, with value segments delivering a 22.3% unit increase year-over-year [8][36] Company Strategy and Development Direction - The company aims to capture market share and increase customer loyalty, focusing on high ROI used vehicles and after-sales services [6][12] - Strategic acquisitions remain a core pillar, with a target of USD 2 billion in acquisition revenue for 2025 [13][14] - The company is simplifying its tech stack and increasing sales efficiency through digital platforms, enhancing customer experience [10][12] Management's Comments on Operating Environment and Future Outlook - Management highlighted strong top-line growth across all business lines, with a focus on execution and cost control [5][6] - The company is optimistic about future performance, expecting to convert momentum into share gains and sustained cost efficiency [6][12] - Management acknowledged challenges in the UK market but emphasized ongoing improvements in productivity and cost management [18][30] Other Important Information - The company repurchased 5.1% of outstanding shares at an average price of USD 312, prioritizing share buybacks due to stock trading at a discount [12][21] - Driveway Finance Corporation continues to build a stable earnings base with healthy spreads and disciplined underwriting [11][19] Q&A Session Summary Question: Discussion on EV inventory and sales - Management noted that electrified vehicles constituted 43% of total new car mix, with significant sales driven by federal credits and manufacturer incentives [24][25] Question: UK market conditions and cost efficiencies - Management discussed labor cost impacts and ongoing initiatives to improve productivity and market share in the UK [27][28] Question: Overview of the used market and subprime impact - Management highlighted opportunities in the used car market, particularly in the value auto segment, which is less affected by subprime issues [34][35] Question: UK regulatory environment for EVs - Management indicated that growth in the UK is currently driven by ICE vehicles rather than electrified ones, with expectations of more regulations in the future [40][41] Question: U.S. EV sales and profitability - Management acknowledged that margins on EVs are lighter, but emphasized strong customer loyalty and repeat purchases in the EV segment [49][52] Question: M&A opportunities and targets - Management confirmed a hard target of USD 2 billion in acquisitions for the year, with a focus on maintaining return thresholds [70][71] Question: Used performance and future expectations - Management expressed confidence in continued positive comps in used vehicle sales, citing a strong focus on quality and customer experience [78][81]

Core Insights - DICK'S Sporting Goods, Inc. (DKS) is focusing on digital transformation as a primary growth driver, enhancing its position as a leading omnichannel player in the sports industry [1][9] - The GameChanger platform and Dick's Media Network are crucial for generating long-term digital revenue streams [1][9] Digital Strategy - GameChanger acts as a high-margin growth engine, achieving 7.4 million unique users and 5.5 million monthly users in Q2 of fiscal 2025, reflecting a 16% year-over-year increase [2][9] - Dick's Media Network leverages customer data and loyalty programs to enhance retail media capabilities [2] Technology Investments - DKS is investing significantly in technology to create a seamless omnichannel experience, which is expected to increase engagement across digital platforms [3] - The company offers access to top-tier products from both national and emerging brands, enhancing demand and sell-through rates [3] Market Performance - DICK'S Sporting is experiencing broad-based growth in key categories such as footwear, apparel, team sports, and golf, driven by strong consumer demand and brand partnerships [4] - Management reports that customers are shopping more frequently and spending more per trip, indicating healthy engagement across demographics [4] Financial Performance - DKS shares have increased by 2.2% year-to-date, while the industry has risen by 5.2% [7] - The forward price-to-earnings ratio for DKS is 15.3X, compared to the industry average of 17.89X [8] Earnings Estimates - The Zacks Consensus Estimate for DKS' fiscal 2025 and 2026 earnings suggests year-over-year growth of 2.4% and 6.5%, respectively [10] - Current estimates for fiscal 2025 and 2026 EPS are stable, with a consensus of 14.39 and 15.33, respectively [11]