Post

Damiani Group completes Baume & Mercier acquisition

Italy’s The Damiani Group has concluded the acquisition of Swiss watchmaker Baume & Mercier from luxury retailer Richemont. The transaction follows a January …
Frasers Group sells Sports Direct Malaysia stake to MAP Active for $150m

Frasers Group has agreed to sell its full stake in Sports Direct Malaysia to MAP Aktif Adiperkasa (MAP Active) for …
Kroger to acquire Giant Eagle for $1.65bn

US supermarket chain Kroger has struck an agreement to acquire privately held food and pharmacy retailer Giant Eagle in a …
EU imposes €3 duty on low-value parcels from outside bloc

The EU has introduced a temporary €3 ($3.42) customs duty on parcels worth up to €150 imported from outside the …
UK consumers rein in home improvement spending

Britain’s home improvement market is losing momentum as consumers remain cautious about major household purchases, according to GlobalData’s latest UK …

UK retailers prepare for new FCA finance rules

Retailers that offer customer finance or sell insurance products alongside goods are preparing for stricter Financial Conduct Authority (FCA) requirements …
TG Jones restructuring plan approved by London court – report

UK retailer TG Jones has secured a London court approval for a restructuring plan featuring significant rent reductions and a …
German retail sales climb 1.1% in May

German retail sales climbed in May, with turnover increasing by 1.1% in real terms against the previous month, provisional data …
Cumberland Farms completes $830m sale of Australian business

Cumberland Farms, the convenience retail arm of UK-based EG Group, has completed the sale of its Australian business to Ampol …
Nike swings to Q4 profit on tariff refund boost, but China slump deepens

US sportswear retailer Nike reported full-year revenue of $46.39bn for fiscal year 2026, while fourth-quarter (Q4) profit rose on an …
Andy Burnham wins retail backing on rates overhaul

Independent retailers across the UK are cautiously welcoming Andy Burnham’s pledge to reform business rates, saying the plans could help …
UK shop price inflation steady at 1.2% amid summer discounting

UK shop prices rose by 1.2% in June 2026 compared with a year earlier, unchanged from May, as summer discounting …
How parcel lockers are transforming convenience store footfall

Parcel lockers are changing how people use convenience stores. Across the UK and other mature retail markets, lockers placed inside …
Accent rejects Frasers takeover approach as “materially inadequate”

Accent Group has rejected an unsolicited takeover approach from UK retailer Frasers Group, calling the A$0.65 ($0.45) a share proposal “opportunistic” …
Sainsbury’s sales rise 3.1% as grocery momentum offsets clothing decline

Sainsbury's first-quarter sales increased by 3.1% to £8.04bn in the 16 weeks to 20 June 2026, with the UK supermarket …