Walmart investigates Flipkart over whistleblower kickback allegations – report
Walmart is conducting an internal investigation at Flipkart following whistleblower complaints alleging kickbacks of more than Rs1.50bn ($15.7m), Moneycontrol reported,…
30 Oct 2026
Trent Q2 standalone revenue up 23%
Tata Group-owned Trent's standalone revenue from operations rose 23% year-on-year in Q2 FY27. The retailer's standalone revenue for the quarter ended 30 September 2026 was Rs57.88bn ($608m). Operating earnings before…
30 Oct 2026
Walmart and Target face FTC inquiry over dynamic pricing and worker pay
The US Federal Trade Commission (FTC) has ordered retailers Walmart and Target, as well as seven transport and delivery businesses, to provide information on individualised consumer pricing and variable worker…
30 Oct 2026
DoorDash to acquire Instacart in $17bn deal
US-based DoorDash has agreed to acquire grocery technology company Instacart at an equity value of approximately $17bn. Instacart’s Board of Directors unanimously approved the deal, under which the company's shareholders…
29 Oct 2026
Żabka’s nine-month revenue rises 14.3%
Polish convenience retailer Żabka Group's revenue rose 14.3% year-on-year (YoY) to 23.12bn zlotys ($5.86bn) in the first nine months of 2026. Sales-to-End Customers (StEC) grew 12.5% to 26.18bn zlotys. Adjusted…
29 Oct 2026
Etsy reports third-quarter GMS and revenue growth
E-commerce platform Etsy reported third-quarter growth in gross merchandise sales (GMS) and revenue, driven by active buyer growth and improved advertising monetisation. For the quarter ended 30 September 2026, GMS…
29 Oct 2026
White & Case and Baker McKenzie lead retail M&A legal rankings
White & Case and Baker McKenzie were the leading mergers and acquisitions (M&A) legal advisers across the retail industry during the first three quarters (Q1-Q3) of 2026 by value and…