Lowe’s quarterly profit dips despite revenue surge
Lowe's Companies posted a marginal fall in first-quarter net profit for fiscal 2026, even as revenue climbed sharply against the…
21 May 2026
Target lifts full-year sales outlook after Q1 revenue rises 6.7%
US retailer Target has revised its full-year net sales growth outlook upward following a 6.7% year-on-year (YoY) rise in first quarter net sales to $25.44bn. The company now projects net…
21 May 2026
UK inflation slows as retailers warn of fresh food price pressures
UK inflation eased in April, offering short-term relief for households and retailers, but industry groups have warned that food price pressures could return if global energy costs remain elevated. According…
21 May 2026
Food price cap talks unsettle UK retailers
UK supermarkets are resisting government discussions over voluntary food price caps, warning that intervention in grocery pricing could increase pressure on already stretched retail margins. The debate comes at a…
20 May 2026
Home Depot Q1 profit falls as cost growth outpaces revenue
US home improvement retailer The Home Depot posted first-quarter fiscal 2026 net sales of $41.76bn, a 4.8% year-on-year (YoY) increase, though rising costs weighed on profitability across the period. For…
20 May 2026
Banana Republic names PVH veteran Donald Kohler as global chief
US-based fashion retailer Gap has appointed Donald Kohler as global brand president and CEO of Banana Republic. He is to begin the San Francisco-based role in July 2026. In his…
20 May 2026
Target names Jeff England as supply chain chief
US retailer Target has appointed Jeff England as executive vice president and chief global supply chain and logistics officer, with the move taking effect on 31 May. England will report…