Wayfair returns to operating profit as 2025 revenue rises
US-based online furniture and home goods retailer Wayfair reported higher revenue and returned to operating profitability in 2025 despite a…
20 Feb 2026
Walgreens to cut over 600 jobs across US – report
US pharmacy retailer Walgreens is eliminating more than 600 roles across the country under post-acquisition restructuring. According to a Bloomberg report, the reductions include 469 positions in Illinois and 159…
20 Feb 2026
Morrisons pledges £1.6bn to UK farming supply chain in 2026
UK supermarket Morrisons has allocated over £1.6bn ($2.15bn) to British agriculture in 2026, covering long-term supply arrangements with more than 2,500 farmers. The funding continues the retailer’s ongoing partnerships with…
20 Feb 2026
Walmart FY26 revenue up 4.7%, unveils $30bn repurchase plan
Walmart reported FY26 revenue growth and a $30bn share repurchase plan while quarterly profit fell due to higher losses, and FY27 outlook indicated moderate gains. For the quarter ended 31…
20 Feb 2026
UK retailers plan hiring freeze as labour costs increase
UK retailers are preparing to freeze recruitment and cut staff hours as rising labour costs place growing pressure on the sector, according to new research from the British Retail Consortium…
19 Feb 2026
eBay to acquire Depop from Etsy for $1.2bn in cash
US online marketplace eBay has agreed to acquire fashion resale platform Depop from Etsy in a $1.2bn cash deal. The transaction is expected to close in the second quarter of…
19 Feb 2026
John Lewis Partnership commits £108m to increase retail staff pay
UK-based John Lewis Partnership will invest £108m ($145.9m) in employee pay, raising hourly shop floor wages by 6.9% from 1 April across both John Lewis and Waitrose. The latest allocation…