UK to make online marketplaces collect seller VAT – report
The UK government is planning to make online marketplaces responsible for collecting value added tax (VAT) owed by sellers, reported…
15 Oct 2026
UK watchdog fines Wayfair and Appliances Direct over misleading sales
The Competition and Markets Authority (CMA) has fined Wayfair and Appliances Direct a roughly £6m ($7.9m) for utilising deceptive promotional urgency and unapproved service opt-ins. Online home goods retailer Wayfair…
15 Oct 2026
Kesko reports 4.8% September sales growth
Finnish retail group Kesko reported a 4.8% year-on-year increase in September sales, with comparable sales up 4.3% on broad-based growth across all divisions. Group sales reached €1.198bn ($1.33bn) in September…
15 Oct 2026
Fortress reportedly narrows Poundland bid as insolvency concerns grow
Fortress Investment Group has abandoned plans to acquire Poundland in its entirety and is now seeking to buy between 200 and 250 of the retailer’s stores, reported Sky News. The…
14 Oct 2026
Kroger to cut 3,000 corporate roles as AI use expands
US supermarket chain Kroger plans to cut 3,000 corporate jobs over three years as it expands its use of artificial intelligence (AI) to streamline operations. Chief executive Greg Foran outlined…
14 Oct 2026
Walmart to offer US associates 250-plus free prescription medicines
Walmart will provide US associates with prescription medicines without charge from 1 January 2027, alongside specialist-care and paid-leave benefits. The retailer plans to introduce its Zero Dollar prescription tier for…
14 Oct 2026
Albertsons withdraws guidance amid strategic review as profit drops
Albertsons Companies has withdrawn its fiscal 2026 outlook as it conducts an operational review following lower second-quarter profit and falling identical sales. The US food and drug retailer will withhold…