Estée Lauder and Puig end merger talks
US-based Estée Lauder Companies and Spanish fragrance and beauty group Puig have ended discussions over a potential business combination, with…
22 May 2026
TJX raises annual forecast after Q1 net income jumps 28.5%
TJX Companies raised its full-year outlook after first-quarter net income rose 28.5% year on year, helped by stronger sales, higher margins and customer traffic across all divisions. The off-price retailer…
22 May 2026
Walmart Q1 revenue rises 7.3%, maintains fiscal 2027 outlook
Walmart has reported revenue of $177.75bn in the first quarter of fiscal 2027 (Q1 FY27), supported by continued e-commerce expansion and higher membership income. Net sales increased 7.1% year-on-year (YoY)…
22 May 2026
US tax debate draws retail sector focus
Retail businesses and supply chain groups are closely watching tax discussions in the United States as lawmakers review how recent tax cuts have affected workers, household income and business activity.…
22 May 2026
UK consumer confidence improves slightly as food price concerns persist
Consumer confidence in the UK retail sector improved modestly in May, but concerns over inflation and rising food prices continue to shape shopping behaviour, according to new data from the…
21 May 2026
US appeals court rejects whistleblower tariff fraud claims against Amazon
A US federal appeals court has upheld the dismissal of a whistleblower lawsuit that accused Amazon of helping foreign fur sellers avoid customs duties and import inspection fees on its…
21 May 2026
M&S profit falls 23.8% after cyber incident disrupts first half
Marks and Spencer (M&S) has reported a steep fall in earnings for the year ended 28 March 2026, after a cyber incident in the first half of the financial year…