Target lays off 1,800 corporate staff as sales weaken
Target will shed 1,800 corporate roles in its first major layoffs in a decade, saying the move is aimed at …
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JP Morgan and UBS lead retail M&A financial advisory rankings for Q1 to Q3 2025
JP Morgan and UBS have emerged as the top mergers and acquisitions (M&A) financial advisers in the retail sector for …
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Prada Group reports 9% revenue growth in first nine months of 2025
Italian luxury fashion group Prada group recorded consolidated net revenues of €4.07bn ($4.72bn) for the nine months ending 30 September …
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Walmart and Avery Dennison to bring RFID to fresh food aisles
Walmart and Avery Dennison have partnered to introduce radio-frequency identification (RFID) technology across fresh food categories, including meat, bakery and …
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Ahold Delhaize to build distribution centre in North Carolina
Food retailer Ahold Delhaize USA (ADUSA) has announced plans to build a new distribution centre in Burlington, North Carolina. The new …
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Illinois retailers and banks in legal dispute over card charges
Merchants in Illinois asked a federal judge to leave in place the state’s ban on charging “swipe fees” on the …
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ONS: retail crime surges past half a million incidents in England and Wales
Police-recorded shoplifting in England and Wales rose by 13% to 529,994 offences in the year to June 2025, according to …
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Apollo considers sale of Hispanic grocer Heritage Grocers Group
US private equity company Apollo Global Management is exploring the sale of its Hispanic grocery chain, Heritage Grocers Group. The move …
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Gucci owner Kering registers fall in Q3 revenue
Kering, owner of luxury brands such as Gucci and Yves Saint Laurent, has reported third-quarter (Q3) 2025 revenue of €3.4bn …
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When compliance training is not enough to protect your business from cyber threats
“We make soup and soap. No one is after us...” That was the received wisdom inside one global pharmaceutical and retail …
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Morrisons to roll out electronic shelf labels with VusionGroup
British supermarket Morrisons has teamed up with Vusion Group to deploy electronic shelf labels (ESLs) across its 497 supermarkets. The retailer …
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LVMH considers stake sale in Fenty Beauty
French luxury conglomerate LVMH is considering selling its 50% stake in Fenty Beauty, the cosmetics company it co-owns with singer …
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British retailers back government skills levy overhaul
The British Retail Consortium has welcomed the government’s plan to let employers spend the Growth and Skills Levy on short, …
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UK inflation steady at 3.8% as grocers see slower rises
UK consumer price inflation stayed at 3.8% in September, matching August, as falling food prices offset higher transport costs, including …
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DESPAR Italia opens ten stores and reopens two modernised outlets
DESPAR Italia (SPAR Italy), together with the six companies forming its consortium, has extended its retail network across the country …
