AGBI

Lulu profit falls as shoppers cut non-food spending

Lulu Retail, one of the largest grocery retailers in the GCC, said a drop in consumer spending, particularly in the high-value electronics segment, and lower non-food sales, impacted revenue in the second quarter of 2026. The quarterly top line fell 2.3 percent to $2 billion despite a modest increase in food sales following the opening […]

作者 AGBI

1 分钟阅读

有活动行业的新闻要分享吗?

提交新闻稿或信息,触达数千名活动行业专业人士。

联系我们→

更多Banking & Finance相关内容

相关洞察