Morrisons explores £1bn property-backed financing options – report
British supermarket chain Morrisons is considering a property-backed financing deal that could unlock up to £1bn ($1.36bn). The grocer has asked …
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Co-op renews five-year logistics deal with Buffaload
British co-operative retailer Co-op has agreed a new five-year logistics contract with Cambridgeshire-based haulier Buffaload. Under the contract, Buffaload will continue …
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Ocado weighs up to 1,000 job cuts – report
UK-based Ocado is considering cutting as many as 1,000 roles as part of a renewed drive to curb costs after …
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British retail body warns inflation won’t hit 2% target anytime soon
Retailers in the United Kingdom are warning that inflation may remain above the Bank of England’s 2 % target for …
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Retailers worldwide lag in adopting advanced AI, study finds
New research shows that many retail businesses worldwide are not yet ready to scale up their use of artificial intelligence …
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Ralph Lauren beats holiday forecasts and raises full-year outlook
US luxury retailer Ralph Lauren Corporation reported stronger holiday-quarter earnings and upgraded its annual outlook after sales growth and margin …
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Coty Q2 earnings slide as debt falls after Wella sale
Coty reported mixed second-quarter results, with lower earnings offset by sharply reduced debt following strong cash generation and its final …
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German watchdog bars Amazon price caps, orders €59m disgorgement
Germany’s Federal Cartel Office (FCO) has blocked Amazon’s price controls on third-party sellers and demanded repayment of about €59m ($69.6m). The …
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Frasers Group agrees to acquire majority stake in Italy’s Maxi Sport
Frasers Group has reached an agreement to acquire a majority stake in Maxi Sport, a multisport retailer with operations in …
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Quiz collapses into administration
UK fashion retailer Quiz has fallen into the hands of administrators for the third time in six years with 109 …
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Dingdong to sell China operations for $717m
Dingdong (Cayman) has signed a definitive agreement to divest its China operations to a Meituan subsidiary for $717m. The grocery e-commerce …
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UK PFAS plan raises compliance questions for retailers
The UK government has published its first national PFAS plan to address risks linked to per- and polyfluoroalkyl substances, commonly …
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PepsiCo plans price cuts amid consumer anger
PepsiCo plans to reduce the suggested retail price of its core snack products by up to about 15 per cent …
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Retail sector braces for sticky inflation after BoE rate decision
The UK retail sector is preparing for continued inflation pressure after the Bank of England voted to hold the Bank …
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e.l.f. Beauty raises forecast after 38% quarterly sales rise
US cosmetics company e.l.f. Beauty reported 38% third-quarter net sales growth and raised its fiscal 2026 revenue outlook to 22%-23%. Net …
