UK retailers face £440m rise in electricity costs in 2026
UK retailers’ electricity costs are forecast to rise by £440m in 2026 despite broadly unchanged energy consumption, according to analysis…
09 Oct 2026
UK retailer M&S to recruit 11,000 Christmas staff
UK retailer Marks & Spencer (M&S) plans to recruit 11,000 seasonal workers across its stores for Christmas, with the first recruits due to join teams from 25 October. Applications are open…
09 Oct 2026
Tesco raises 2026/27 profit guidance after H1 growth
Tesco has increased its 2026/27 group adjusted operating profit guidance to between £3.15bn ($4.16bn) and £3.30bn. The new forecast compares with the £3bn to £3.3bn range issued in April. The…
08 Oct 2026
Ikea commits approximately €130m to Romania
Ikea will invest approximately €130m ($145.4m) in Romania over the next three years, allocating funds to network expansion, upgrades, and retail price reductions across its Romanian operations. Around €125m will…
08 Oct 2026
Weston family’s holding company agrees to buy Boots in $8.9bn deal
Canada’s Wittington Investments has agreed to acquire UK pharmacy chain Boots from Sycamore Partners and the Pessina family for $8.9bn, including assumed debt. Under the deal, the Canadian holding company…
08 Oct 2026
SPAR Shandong refreshes northern China supermarket network
SPAR Shandong is strengthening its presence in northern China by combining selective network growth with the refurbishment of existing stores. The regional operator added two supermarkets, while also bringing several…
08 Oct 2026
Amazon cuts approximately 1,000 roles in latest workforce reduction – report
Amazon has eliminated approximately 1,000 roles across several teams, including its Stores business, customer service, marketplace support, and retail engineering operations. Business Insider reported that employees received emails on Tuesday,…