Coles posts 2.2% rise in Q1 sales
Australian retailer Coles Group reported group sales revenue of A$11.20bn ($7.85bn) for the first quarter (Q1) of fiscal year 2027…
02 Nov 2026
EU fees on low-value parcels could raise €6bn annually – report
EU charges on low-value e-commerce parcels could yield €6bn ($6.74bn) annually for the EU budget from 2028 to 2034, Reuters reported, citing a European Commission (EC) document. The estimate relates…
02 Nov 2026
Capri Holdings raises annual outlook despite Q2 revenue decline
Capri Holdings has raised its full-year revenue and earnings forecast after reporting second-quarter (Q2) fiscal 2027 (FY27) revenue of $809m, down 5.5% year-on-year. The owner of Jimmy Choo and Michael…
02 Nov 2026
Tesco to sell Czech and Slovak businesses for €1.7bn
Tesco has agreed to sell its businesses in the Czech Republic and Slovakia to Ahold Delhaize in a €1.7bn ($1.90bn) transaction on a cash- and debt-free basis. The proposed disposal…
02 Nov 2026
UK retailers face rising costs as shop price inflation hits 2.1%
UK retailers are facing mounting pressure from higher business taxes, employment costs and energy bills as shop price inflation reaches its highest level since February 2024. More than eight in…
30 Oct 2026
Walmart investigates Flipkart over whistleblower kickback allegations – report
Walmart is conducting an internal investigation at Flipkart following whistleblower complaints alleging kickbacks of more than Rs1.50bn ($15.7m), Moneycontrol reported, citing unnamed sources. The probe concerns staff in Flipkart’s smartphones…
30 Oct 2026
Trent Q2 standalone revenue up 23%
Tata Group-owned Trent's standalone revenue from operations rose 23% year-on-year in Q2 FY27. The retailer's standalone revenue for the quarter ended 30 September 2026 was Rs57.88bn ($608m). Operating earnings before…