Kering third-quarter revenue dips on lower traffic
Gucci owner Kering recorded third-quarter (Q3) 2026 revenue of €3.34bn ($3.73bn), stable on a reported basis, and down 1% on …
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Sainsbury’s raises lower end of 2026/2027 profit guidance
UK supermarket chain Sainsbury’s has raised the lower end of its full-year profit guidance for 2026/2027, citing grocery volume growth …
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UK retail sales fall 0.4% in September despite quarterly growth
Warm weather weakened clothing demand and supermarket sales slipped, although retail sales volumes rose 0.7% in the third quarter as …
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Prada Group net revenues rise 12% in first nine months
Italian luxury group Prada Group reported net revenues of €4.54bn ($4.99bn) for the nine months ended 30 September 2026, up …
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UK watchdog designates Aldi and Lidl as large grocery retailers
The UK's Competition and Markets Authority (CMA) has formally classified Aldi and Lidl as "large grocery retailers" following its final …
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UK retail spending reveals peak trading priorities
GlobalData research shows stronger spending on footwear, beauty and homewares, while contrasting online and in-store trends point to opportunities for …
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Bira warns UK independent retailers face 25% business rates rise
The British Independent Retailers Association (Bira) is urging the government to use the Budget to ease pressure on retailers from …
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Tax loophole fears cloud UK marketplace VAT reform
UK independent retailers warn that proposed exemptions for smaller sellers and second-hand goods could weaken tax enforcement and reduce funding …
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Primark enters Qatar with Alshaya Group partnership
Primark has entered Qatar with the opening of a store at Doha Festival City, in partnership with retail franchise operator …
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Walmart introduces AI agent tools for automated shopping
US retailer Walmart is introducing tools that enable authorised AI agents to make purchases for consumers under specified spending controls. The …
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Moncler Group’s Q3 revenue flat as European demand weakens
Italian luxury group Moncler Group's third quarter (Q3) revenue was flat at €605.5m ($680.8m) at constant exchange rates (cFX), with …
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eBay to cut 1,000 jobs in restructuring drive – report
US e-commerce company eBay will cut approximately 1,000 jobs, or 9% of its workforce, to redirect capital into higher-growth commercial …
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John Lewis expands UK rapid delivery through Deliveroo and Uber Eats
UK retailer John Lewis has expanded its “rapid delivery” offer with Deliveroo and Uber Eats, covering London and selected Home …
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Amazon to recruit over 300,000 US workers for holiday season
US retail giant Amazon plans to recruit more than 300,000 seasonal, part-time, and full-time personnel across its US core operations …
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Carrefour cuts 2026 outlook following French store disruption
French supermarket chain Carrefour has reduced its full-year 2026 financial targets following social and security disruption across urban stores in …
