27 April 2026
27 April 2026
UK subscription reforms under the Digital Markets, Competition and Consumers Act are now expected in spring 2027, delaying stricter cancellation rules and giving retailers more time to prepare.
Net sales rose to $706.41bn from $674.53bn a year earlier while consolidated net income increased to $22.27bn, compared with $20.15bn in FY25.
The Independents’ clients include several luxury retailers such as Céline, LVMH, Saint Laurent, and Cartier.
The reductions will fall predominantly on technology functions spanning North America, Asia and Europe.
Group revenue, excluding VAT and including fuel, rose 2.7% from a year earlier to £33.64bn
The company said the test is designed to assess whether a broader convenience model can combine fuel station sites with supermarket-style choice and pricing, before any decision is made on a wider expansion.
Gross merchandise value (GMV) fell 9% to £1.17bn while revenue was down 14% to £1.11bn.
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