Quince secures $500m Series E, crossing $10bn valuation
US retail platform Quince has raised $500m in a Series E funding round, bringing its post-money valuation to $10.1bn. The financing …
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Costco sued over refunds tied to unlawful US tariffs
Costco Wholesale is facing a nationwide class action in the US seeking refunds for customers who allegedly paid higher prices …
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US retailers eye Iran tensions for supply chain fallout
US retailers are monitoring rising tensions involving Iran as businesses assess the potential impact on global supply chains and import …
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Kohl’s FY25 profit rises despite lower net sales
US omnichannel retailer Kohl’s Corporation has reported higher operating and net income for fiscal year 2025 (FY25), even as net …
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Lego prepares for rising costs, expands smart bricks and Pokémon – report
Danish toymaker Lego Group is preparing for higher energy and raw material costs as oil and gas prices climb amid …
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Amazon Australia to invest over A$750m in Brisbane robotics fulfilment centre
Amazon plans to invest more than A$750m ($537.6m) in a new robotics-enabled fulfilment centre in Brisbane, Queensland, which is expected …
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PayBright invests in Material to expand retail POS ecosystem
Canada-based PayBright has made a strategic investment in Material, a solutions provider for independent retailers, as it expands its retail …
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US retail sector records fifth straight month of sales growth
US retail sales recorded another monthly increase in February, according to the latest CNBC/NRF Retail Monitor, showing continued growth in …
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UK retail workforce shrinks as cost pressures hit sector
Retail employment in the UK is continuing to decline as rising labour costs and economic uncertainty reshape hiring across the …
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Flipkart completes re-domiciliation to India ahead of IPO
Walmart-owned Flipkart has moved its holding structure from Singapore to India after regulatory approval, as it prepares for a planned …
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John Lewis expands AI shopping under £800m transformation plan
UK retailer John Lewis is investing in AI-powered shopping capabilities and testing sales through TikTok Shop as part of its …
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L Catterton combines Bel Cosméticos and Mundo do Cabeleireiro in Brazil
L Catterton has combined beauty retailers Bel Cosméticos and Mundo do Cabeleireiro to form a multi-brand beauty retail platform in …
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Reliance Retail acquires beauty brand Pahadi Local
Reliance Retail has finalised the purchase of the Pahadi Local brand and its business from Pahadi Goodness Private Limited, adding …
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Poland tightens fruit and vegetable origin labelling in supermarkets
Country of origin labelling for fresh fruit and vegetables in Poland has improved significantly following enforcement actions by the Office …
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Genesco reports higher Q4 sales and profit on Journeys growth
US-based footwear retailer Genesco reported higher fourth-quarter (Q4) sales and profit for the period ended 31 January 2026, supported by …
