21 May 2026
21 May 2026
UK supermarkets are resisting government talks on food price caps, warning that rising labour, energy and logistics costs are already squeezing retail margins.
Total revenues rose to $23.07bn from $20.93bn.
The US retailer now projects net sales growth of around 4% for 2026 against 2025 levels – two percentage points higher than its previous guidance range.
The re-emergence of the defensive shopper is reshaping UK retail demand and influencing category performance and commercial strategy.
Net earnings fell 4.2% to $3.28bn from $3.43bn in the comparable prior-year period.
He joins from PVH, where he held the position of CEO of PVH Americas.
England previously served as chief supply chain officer at Genuine Parts Company and has spent nearly two decades at Walmart across operations, strategy and finance roles.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.
