Kesko reports 4.8% September sales growth
Finnish retail group Kesko reported a 4.8% year-on-year increase in September sales, with comparable sales up 4.3% on broad-based growth …
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Fortress reportedly narrows Poundland bid as insolvency concerns grow
Fortress Investment Group has abandoned plans to acquire Poundland in its entirety and is now seeking to buy between 200 …
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Affordability strengthens its lead in secondhand shopping
GlobalData research shows savings gaining importance among UK secondhand buyers as sustainability becomes a less frequently cited motivation. Product selection …
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Kroger to cut 3,000 corporate roles as AI use expands
US supermarket chain Kroger plans to cut 3,000 corporate jobs over three years as it expands its use of artificial …
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Walmart to offer US associates 250-plus free prescription medicines
Walmart will provide US associates with prescription medicines without charge from 1 January 2027, alongside specialist-care and paid-leave benefits. The retailer …
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Kroger to cut 3,000 corporate roles as AI use expands
US supermarket chain Kroger plans to cut 3,000 corporate jobs over three years as it expands its use of artificial …
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Walmart to offer US associates 250-plus free prescription medicines
Walmart will provide US associates with prescription medicines without charge from 1 January 2027, alongside specialist-care and paid-leave benefits. The retailer …
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Albertsons withdraws guidance amid strategic review as profit drops
Albertsons Companies has withdrawn its fiscal 2026 outlook as it conducts an operational review following lower second-quarter profit and falling …
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Kingfisher names Sebastian Gundel as its next CEO
UK retailer Kingfisher has named Sebastian Gundel as its next CEO, with the appointment taking effect on 1 February 2027. Gundel …
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Ricin poisoning fears prompt UK sales curbs
Retailers and online sellers could face new licensing requirements for sales of castor beans and rosary peas under UK government …
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BRC urges UK Budget tax relief as poll highlights living costs
Retail trade body seeks lower employment and property taxes as survey identifies affordability, youth unemployment and high streets among the …
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Albertsons demands over $9bn from Kroger following merger collapse
US supermarket group Albertsons has launched legal action demanding more than $9bn from Kroger following the collapse of the planned …
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Studenac to close 104 stores in Croatian restructuring
Croatian retail chain Studenac is closing 104 outlets, halting wholesale operations and shedding administrative staff as part of pre-bankruptcy restructuring. According …
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Ross Stores completes 2026 expansion with 51 new locations
Ross Stores has completed its store expansion programme for fiscal 2026 after launching 51 branches across 17 US states during …
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European Commission investigates XXXLutz acquisition of Porta
The European Commission has begun an “in-depth” review examining the proposed acquisition of German furniture retailer Porta by Austrian peer …
