Target lays off 1,800 corporate staff as sales weaken
Target will shed 1,800 corporate roles in its first major layoffs in a decade, saying the move is aimed at…
24 Oct 2025
JP Morgan and UBS lead retail M&A financial advisory rankings for Q1 to Q3 2025
JP Morgan and UBS have emerged as the top mergers and acquisitions (M&A) financial advisers in the retail sector for the first three quarters of 2025, according to GlobalData, a…
24 Oct 2025
Prada Group reports 9% revenue growth in first nine months of 2025
Italian luxury fashion group Prada group recorded consolidated net revenues of €4.07bn ($4.72bn) for the nine months ending 30 September 2025, reflecting a 9% year-on-year (YoY) rise at constant currency. …
24 Oct 2025
Walmart and Avery Dennison to bring RFID to fresh food aisles
Walmart and Avery Dennison have partnered to introduce radio-frequency identification (RFID) technology across fresh food categories, including meat, bakery and deli products. The companies have jointly developed and tested the system,…
24 Oct 2025
Ahold Delhaize to build distribution centre in North Carolina
Food retailer Ahold Delhaize USA (ADUSA) has announced plans to build a new distribution centre in Burlington, North Carolina. The new centre is part of its Growing Together strategy to…
24 Oct 2025
Illinois retailers and banks in legal dispute over card charges
Merchants in Illinois asked a federal judge to leave in place the state’s ban on charging “swipe fees” on the portions of card payments that cover sales tax and workers’…
24 Oct 2025
ONS: retail crime surges past half a million incidents in England and Wales
Police-recorded shoplifting in England and Wales rose by 13% to 529,994 offences in the year to June 2025, according to the Office for National Statistics (ONS), underscoring mounting concerns over…