19 June 2026
19 June 2026
UK inflation was unchanged in May as lower food prices offset higher transport costs, while retail competition kept prices subdued despite rising costs.
UK and Ireland sales rose to £13.43bn, up 1.8% LfL (2.6% at constant rates, 2.8% at actual rates), with two-year LfL growth of 7.0%.
UK retailers employed fewer people in early 2026 than at any point since comparable records began, according to new figures based on official data.
Shein previously rolled out the Xcelerator to the UK, US and Australia. It says the Middle East is one of the “world’s most dynamic and influential fashion markets”.
The US grocer recorded total sales of $46.12bn in the quarter ended on 23 May 2026, up from $45.11bn a year earlier.
The result extended the retailer's unbroken LfL growth record to 14 consecutive quarters, with total sales up 1.7% year-on-year.
The two acquiring firms – AEG and WSG Brands – have taken joint ownership of the Allbirds intellectual property.
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