Retail crime reform bill passes key milestone in House of Lords
The Crime and Policing Bill has completed its Second Reading in the House of Lords and will now proceed to …
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Giorgio Armani names Giuseppe Marsocci as new CEO
Italian luxury fashion house Giorgio Armani has appointed Giuseppe Marsocci as its new CEO, effective immediately, following the death of …
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EssilorLuxottica revenue up 11.7% to €6.87bn in Q3 2025
Ray-Ban maker EssilorLuxottica has reported consolidated revenue of €6.87bn ($8.03bn) for the third quarter of 2025. This marks an increase of …
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Ulta Beauty names Christopher DelOrefice as new CFO
US beauty retailer Ulta Beauty has named Christopher DelOrefice as its next chief financial officer (CFO), effective from 5 December …
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Inter Ikea Group retail sales fall 1% in FY25
Inter Ikea Group recorded a 1% decline in total retail sales for the financial year 2025 (FY25) that ended on …
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Retailers act as UK considers ban on kids’ energy drinks
Major UK supermarkets have tightened age checks and store systems for high-caffeine energy drinks as the government consults on a …
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US retailers face record 17% in holiday returns
Retailers in the United States anticipate that nearly $850bn worth of merchandise will be returned this year, according to the …
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Galeries Lafayette to open first Indian flagship store in Mumbai
French retailer Galeries Lafayette will open its first flagship store in India in early November in Mumbai, in partnership with …
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Pingo Doce links with SymphonyAI for AI-powered merchandising
Portuguese supermarket chain Pingo Doce has entered a partnership with SymphonyAI to implement the CINDE Connected Retail platform. The move will …
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Ulta Beauty introduces UB Marketplace to expand e-commerce offerings
US-based beauty retailer Ulta Beauty has launched UB Marketplace, an online platform focused on beauty and wellness, now accessible via …
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LVMH sees 1% organic growth with €18.28bn revenue in Q3 2025
LVMH, owner of Louis Vuitton, has reported revenue of €18.28bn ($21.15bn) for the third quarter (Q3) of 2025 - a …
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Goldman Sachs: Why is UK inflation still so high?
In this piece, we turn to fresh analysis from Goldman Sachs Research to tackle a simple question with a puzzling …
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Investors watch Walmart amid ChatGPT shopping rollout
Walmart Inc. continues to draw attention from investors following its partnership with OpenAI to integrate ChatGPT into its shopping platform. The …
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CVS finalises purchase of Rite Aid stores and assets
CVS Pharmacy has finalised its acquisition of select Rite Aid and Bartell Drugs assets across the United States, expanding its …
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Walmart and OpenAI collaborate to enable AI-powered shopping
Walmart has linked with OpenAI to introduce AI-powered shopping features, allowing customers and Sam’s Club members to make purchases directly …
