Target reshuffles executive team as new CEO moves to spur growth
US retailer Target has unveiled senior management changes under new CEO Michael Fiddelke, alongside a reaffirmation of its latest financial…
11 Feb 2026
Kering revenue falls in 2025, recovery targeted for 2026
Gucci owner Kering posted weaker 2025 results and signalled a turnaround push for 2026 after sales and profits slid across much of its portfolio. The French luxury group said revenue…
11 Feb 2026
US retail steady in December as annual gains broaden
US retail and food services activity was largely unchanged in December 2025, although most major segments recorded higher takings than a year earlier. Data from the US Census Bureau showed…
11 Feb 2026
Saks Global bankruptcy drives nine additional store closures
Saks Global plans to close nine additional outlets and most standalone Fifth Avenue Club suites as it concentrates its luxury retail operations. The group said eight Saks Fifth Avenue stores…
11 Feb 2026
UK retail sales rebound in January after weak Christmas
UK retail sales rose in January 2026, with the latest data pointing to a post-Christmas rebound after a subdued festive period. Total UK retail sales growth climbed 2.7% year-on-year for…
11 Feb 2026
UK brings ‘buy now, pay later’ under full FCA oversight
The UK is set to bring Buy Now, Pay Later (BNPL) products under full regulatory oversight, with the Financial Conduct Authority (FCA) confirming that the sector will be regulated from…
10 Feb 2026
Kroger names Greg Foran as CEO, Sargent remains chairman
US grocery retailer Kroger has appointed Greg Foran as its CEO with immediate effect, ending a board-led search for a permanent leader. Foran will also take a seat on Kroger’s…