Lincolnshire Co-op restructures operations amid falling profits
Lincolnshire Co-op has launched a wide-ranging business transformation programme as the UK-based retailer grapples with falling revenues and sharply reduced…
19 Jun 2026
Nykaa sets FY30 GMV target above $5bn
Indian beauty and fashion retailer Nykaa has set out an FY30 strategy centred on building a beauty and lifestyle business with a gross merchandise value (GMV) of more than $5bn…
19 Jun 2026
L’Oréal to acquire majority stake in Indian skincare company Innovist
French beauty retailer L'Oréal has agreed to purchase a majority stake in Innovist, a digital-first personal care company, as part of its expansion plans in India. Innovist was established in…
19 Jun 2026
Tesco reports £16.82bn group sales for first quarter
Tesco reported group sales of £16.82bn ($22.19bn) for the quarter ended 30 May 2026, up 1% like-for-like (LfL), with growth across the UK, Ireland and Central Europe. UK and Ireland…
19 Jun 2026
UK inflation steady as retailers keep prices in check
UK inflation remained at 2.8% in the 12 months to May, as slower growth in food prices offset higher transport costs, according to the latest figures from the Office for…
19 Jun 2026
UK retail employment falls to record low as labour costs rise
UK retail employment has fallen to its lowest level on record, according to new figures based on official data, with the British Retail Consortium (BRC) warning that higher employment costs…
18 Jun 2026
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 US grocer recorded total sales of $46.12bn in the quarter…