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UK inflation steady as retailers keep prices in check

UK inflation was unchanged in May as lower food prices offset higher transport costs, while retail competition kept prices subdued despite rising costs.

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Tesco reports £16.82bn group sales for first quarter

UK and Ireland sales rose to £13.43bn, up 1.8% LfL (2.6% at constant rates, 2.8% at actual rates), with two-year LfL growth of 7.0%.

UK retail employment falls to record low as labour costs rise

UK retailers employed fewer people in early 2026 than at any point since comparable records began, according to new figures based on official data.

Shein launches Xcelerator in the Middle East

Shein previously rolled out the Xcelerator to the UK, US and Australia. It says the Middle East is one of the “world’s most dynamic and influential fashion markets”.

Kroger Q1 FY26 earnings rise on stronger sales

The US grocer recorded total sales of $46.12bn in the quarter ended on 23 May 2026, up from $45.11bn a year earlier.

Morrisons Q2 sales reach £4bn as LfL growth extends to 14th quarter

The result extended the retailer's unbroken LfL growth record to 14 consecutive quarters, with total sales up 1.7% year-on-year.

Allbirds sells IP, rebrands as Smartbird in AI infrastructure shift

The two acquiring firms – AEG and WSG Brands – have taken joint ownership of the Allbirds intellectual property.