Home Depot trims earnings guidance despite modest Q3 2025 sales lift
Home Depot has reported higher sales for the third quarter (Q3) of 2025 but slashed its full-year earnings outlook, citing…
19 Nov 2025
Kroger to shut automated fulfilment centres and book $2.6bn charge
US grocer Kroger will shut three automated delivery fulfilment sites in January 2026 and take an impairment charge of around $2.6bn in its third fiscal quarter of 2025. The facilities…
19 Nov 2025
PVH Corp CFO Zac Coughlin steps down
PVH Corp, the owner of the Calvin Klein and Tommy Hilfiger brands, has announced that its chief financial officer (CFO) Zac Coughlin will leave the business at the end of…
19 Nov 2025
Ackerman family cedes controlling stake in SA retailer Pick n Pay
The founding Ackerman family of South African supermarket chain Pick n Pay has reduced its holding by selling 64 million shares. The deal generated proceeds of R1.6bn ($93.06m). The latest…
19 Nov 2025
CMA moves against hidden charges in UK online purchases
The UK Competition and Markets Authority (CMA) has launched a major online pricing crackdown under new consumer protection powers, opening investigations into eight companies and warning 100 more over practices…
18 Nov 2025
Vinted in talks for share sale at €8bn valuation
Vinted is holding early-stage talks on a potential share sale that could value the Lithuania-based second-hand fashion platform at €8bn ($9.27bn), as reported by The Financial Times. The transaction would…
18 Nov 2025
Crocs appoints Rupert Campbell as president of Heydude brand
US footwear company Crocs has appointed Rupert Campbell as executive vice-president and president of its Heydude brand in November 2025 with immediate effect. Campbell joined the business in March 2025…