All articles by Shivam Mishra

UK retailers urge Starmer to impose £2.60 charge on low-value imports – report

A group of 15 UK retailers has urged Prime Minister Keir Starmer and Chancellor Rachel Reeves to impose a £2.60 ($3.50) charge…
Armani weighs splitting 15% stake among EssilorLuxottica, L’Oréal and LVMH – report

Giorgio Armani SpA is considering selling a 15% minority stake in three 5% tranches to L’Oréal, LVMH and EssilorLuxottica, according…
Study finds UK retailers prioritising response to changing customer behaviour

A study by Lloyds Bank has found that shoppers increasingly expect faster service, flexible payment options and a simpler checkout…
Tesco says equal pay claim overlooks ‘economic reality’ in tribunal fight – report

Tesco has argued at an employment tribunal that equalising pay between store staff and warehouse employees would ignore “economic reality”…
Albertsons reports fourth-quarter loss after opioid settlement charge

Albertsons posted a loss in the fourth quarter of fiscal 2025 (Q4 FY25), as a charge tied to an opioid…

Poundstretcher outlines property restructure, rules out store closures or layoffs

UK discount chain Poundstretcher has set out plans for a property restructuring to reduce its cost base, saying the proposal…
Retailers warn guaranteed-hours plans could put part-time jobs at risk

Large retailers have raised concerns that planned changes to guaranteed working hours could affect more than half of roles in…
IKEA retailer plans 25 new India outlets over five years

Ingka Group, the largest retailer operating IKEA stores worldwide, plans to expand its physical presence in India over the next five…
CVS plans roughly 60 store openings in 2026 after years of net closures

CVS Health expects to add approximately 60 stores in 2026, increasing its store base for the first time in several…
Discount retailer Poundstretcher weighing store closures – report

UK discount retailer Poundstretcher is facing the prospect of cuts to its store base as its owner considers a court-backed…

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