German regulator conditionally approves Rewe’s purchase of 38 Tegut stores
Germany’s national competition regulator, the Bundeskartellamt, has conditionally approved supermarket chain Rewe’s purchase of 38 Tegut grocery stores and two …
Post
-
-
CDE Solutions partners with Bodega AI on POS platform
US retail tech provider CDE Solutions has partnered with Bodega AI to introduce an artificial intelligence (AI)-enabled point-of-sale (POS) platform …
-
Richemont and Signet in talks to join De Beers buyout group – report
Swiss luxury retailer and Cartier owner Richemont and US retailer Signet Jewellers are in advanced negotiations to join the consortium …
-
Dick’s and Foot Locker target 11,000 seasonal hires
US-based Dick’s Sporting Goods and its subsidiary Foot Locker plan to recruit more than 11,000 seasonal workers across North American …
-
LVMH sales expose luxury retail’s uneven recovery
Weaker Chinese demand is putting European luxury brands under pressure, sharpening the focus on pricing, product mix and international investment. LVMH’s …
-
UK to make online marketplaces collect seller VAT – report
The UK government is planning to make online marketplaces responsible for collecting value added tax (VAT) owed by sellers, reported …
-
How retailers can adapt to AI shopping
Retailers need to make their products discoverable through conversational AI while giving shoppers confidence in how their data is used, …
-
UK watchdog fines Wayfair and Appliances Direct over misleading sales
The Competition and Markets Authority (CMA) has fined Wayfair and Appliances Direct a roughly £6m ($7.9m) for utilising deceptive promotional …
-
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 …
-
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 …
-
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 …
-
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 …
-
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 …
-
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 …
-
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 …
