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Retail sector braces for sticky inflation after BoE rate decision

The Bank of England’s rate hold signals caution on inflation, while retailers say trading conditions remain tough.

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PepsiCo plans price cuts amid consumer anger

PepsiCo is preparing to lower prices on several of its best-known snack products following growing consumer anger over high grocery bills.

UK PFAS plan raises compliance questions for retailers

Published by the UK government, the PFAS plan sets out steps to improve testing, data and scientific understanding across the environment and food system.

Dingdong to sell China operations for $717m

The grocery e-commerce group will sell all issued and outstanding shares of Dingdong Fresh Holding to Two Hearts Investments, which is wholly owned by Meituan.

e.l.f. Beauty raises forecast after 38% quarterly sales rise

Net sales totalled $489.5m, which the company said was driven by higher volumes across store-based retail and e-commerce channels.

Vitalist selects Pattern to expand Reebok smartwatch online sales

Vitalist said it would rely on the master agreement to utilise Pattern’s enterprise-level systems and logistics capabilities.