Lowe’s cuts 600 corporate roles to prioritise store operations
US home improvement retailer Lowe’s is eliminating approximately 600 positions across its corporate and support functions. The reduction accounts for…
16 Feb 2026
SPAR rolls out AI loss-prevention tech via Veesion partnership
Supermarket chain SPAR International has partnered with Veesion to offer AI-based loss-prevention technology to SPAR-licensed operators worldwide. Under the agreement, SPAR retailers will be able to deploy Veesion’s video detection…
16 Feb 2026
Nothing opens first India store in Bengaluru
UK consumer technology company Nothing has launched its first retail outlet in India, opening a new store in Bengaluru as it expands its physical presence in the country. Named the…
16 Feb 2026
Signs of relief for UK retailers as footfall fall loses momentum
UK retail footfall continued its steady improvement in January, with the pace of decline across stores slowing compared with the Christmas period. New data from the British Retail Consortium (BRC)…
13 Feb 2026
US inflation slows as retail sales post fourth monthly rise
Consumer prices in the United States rose at a slower pace in January 2026, while retail sales data showed continued gains for the fourth month in a row. The two…
13 Feb 2026
Amazon faces fresh Italy tax investigation after Milan raids
Italian tax police (Guardia di Finanza) searched Amazon’s Milan headquarters and managers’ homes amid a fresh investigation into the company’s local tax affairs. Prosecutors in Milan have opened proceedings against…
13 Feb 2026
Hermès reports €16bn 2025 revenue with higher operating profitability
French luxury house Hermès lifted revenue to €16bn ($18.98bn) in 2025, up 5.5% at current exchange rates from €15.17bn in 2024, alongside improved operating profitability and higher cash generation. Recurring…