02 July 2026
02 July 2026
Retailers, lenders and insurers are adjusting to a new phase of UK regulation as the FCA tightens rules on consumer credit and insurance sales.
Under the terms of the agreement, Kroger will pay $1.25bn in cash and take on roughly $400m of Giant Eagle's existing liabilities.
The duty covers a broad range of items frequently purchased online, including clothing, toys, electronics and other consumer products.
Judge Robert Hildyard sanctioned the plan, which includes a £15m ($19.9m) cash injection from Modella Capital, the private equity firm that bought the retailer from WH Smith just over a year ago.
GlobalData research shows home improvement spending remains weak despite improving confidence.
Measured against May 2025, turnover was up 1.8% in real terms and 3.2% in nominal terms.
The disposal ends Cumberland Farms’ operations in Australia.
Net income increased by just over four times, or 407%, to $1.06bn in the quarter.
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.
