Wayfair returns to operating profit as 2025 revenue rises
US-based online furniture and home goods retailer Wayfair reported higher revenue and returned to operating profitability in 2025 despite a …
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Walgreens to cut over 600 jobs across US – report
US pharmacy retailer Walgreens is eliminating more than 600 roles across the country under post-acquisition restructuring. According to a Bloomberg report, …
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Morrisons pledges £1.6bn to UK farming supply chain in 2026
UK supermarket Morrisons has allocated over £1.6bn ($2.15bn) to British agriculture in 2026, covering long-term supply arrangements with more than …
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Walmart FY26 revenue up 4.7%, unveils $30bn repurchase plan
Walmart reported FY26 revenue growth and a $30bn share repurchase plan while quarterly profit fell due to higher losses, and …
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UK retailers plan hiring freeze as labour costs increase
UK retailers are preparing to freeze recruitment and cut staff hours as rising labour costs place growing pressure on the …
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eBay to acquire Depop from Etsy for $1.2bn in cash
US online marketplace eBay has agreed to acquire fashion resale platform Depop from Etsy in a $1.2bn cash deal. The transaction …
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John Lewis Partnership commits £108m to increase retail staff pay
UK-based John Lewis Partnership will invest £108m ($145.9m) in employee pay, raising hourly shop floor wages by 6.9% from 1 …
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IKEA plans ten US store openings in 2026
IKEA has increased the number of US stores it intends to open in 2026 to ten, adding four new sites …
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UK inflation falls to 3% as food price growth slows
The latest official figures show that UK consumer price inflation slowed to its lowest rate in nearly a year in …
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Carrefour and Vusion sign France-wide smart store rollout by 2030
Carrefour and Vusion have partnered to roll out the tech supplier’s “smart” store systems across all Carrefour hypermarkets and supermarkets …
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Lidl plans 16 new Northern Ireland stores by 2032
Discount retailer Lidl has outlined plans to add 16 supermarkets in Northern Ireland by 2032, taking its regional network to …
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Carrefour 2025 sales grow as profit hit by currency and integration costs
French retailer Carrefour reported like-for-like (LFL) sales growth in 2025, with stable EBITDA as gains in France and Spain were …
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UK retailers call for online VAT reform consultation
A coalition of 18 business groups and tax experts has written to the UK Treasury calling for a formal consultation …
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Lego targets 50 India stores by 2030 – report
Danish toymaker Lego plans to expand its retail footprint in India with 50 branded outlets by 2030, expanding in one …
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European Commission launches DSA proceedings against Shein
The European Commission (EC) has launched a Digital Services Act (DSA) probe into Shein over illegal products, addictive design features …
