Kroger Q1 FY26 earnings rise on stronger sales
Kroger posted higher first-quarter earnings and revenue for fiscal 2026 (FY26), reaffirming its full-year outlook across key financial targets. The…
18 Jun 2026
Morrisons Q2 sales reach £4bn as LfL growth extends to 14th quarter
Morrisons has reported total sales of £4bn ($5.29bn) for the second quarter (Q2) of its 2025/2026 financial year, with group like-for-like (LfL) sales rising 2.2%. The result, covering the period…
18 Jun 2026
Shein launches Xcelerator in the Middle East
Shein is expanding its Xcelerator into the Middle East as a new survey highlights that younger consumers are prioritising value and planned purchases over impulse buys. Shein previously rolled out…
18 Jun 2026
Allbirds sells IP, rebrands as Smartbird in AI infrastructure shift
US retailer Allbirds has offloaded its brand and footwear intellectual property (IP) to American Exchange Group (AEG) and WSG Brands, renaming itself Smartbird as it exits retail to pursue AI…
18 Jun 2026
John Lewis to spend £50m upgrading five stores in 2026
John Lewis has announced a £50m ($66.5m) investment across five UK stores this year, with Glasgow set to receive more than £20m in what the retailer describes as its largest…
18 Jun 2026
Record Father’s Day spending highlights US consumer resilience
Father’s Day spending in the United States is projected to reach a record $27.9bn, according to data from the National Retail Federation. The forecast underscores continued strength in US retail…
17 Jun 2026
French retailer Carrefour targets 5,000t plastic reduction
French retailer Carrefour plans to remove more than 5,000 tonnes (t) of plastic from product packaging and pass savings to customers through price cuts of up to nearly 10%. The…