UK retailers face £440m rise in electricity costs in 2026
UK retailers’ electricity costs are forecast to rise by £440m in 2026 despite broadly unchanged energy consumption, according to analysis …
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UK retailer M&S to recruit 11,000 Christmas staff
UK retailer Marks & Spencer (M&S) plans to recruit 11,000 seasonal workers across its stores for Christmas, with the first recruits …
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Tesco raises 2026/27 profit guidance after H1 growth
Tesco has increased its 2026/27 group adjusted operating profit guidance to between £3.15bn ($4.16bn) and £3.30bn. The new forecast compares with …
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Ikea commits approximately €130m to Romania
Ikea will invest approximately €130m ($145.4m) in Romania over the next three years, allocating funds to network expansion, upgrades, and …
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Weston family’s holding company agrees to buy Boots in $8.9bn deal
Canada’s Wittington Investments has agreed to acquire UK pharmacy chain Boots from Sycamore Partners and the Pessina family for $8.9bn, …
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European retail distress: what it means for investors
Pressure on consumer spending, operating margins and financing is reshaping Europe’s retail investment landscape. For investors, identifying businesses and assets …
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SPAR Shandong refreshes northern China supermarket network
SPAR Shandong is strengthening its presence in northern China by combining selective network growth with the refurbishment of existing stores. The …
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Amazon cuts approximately 1,000 roles in latest workforce reduction – report
Amazon has eliminated approximately 1,000 roles across several teams, including its Stores business, customer service, marketplace support, and retail engineering …
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Everli clears SEC hurdle for Nasdaq listing
Everli Global’s planned combination with special purpose acquisition company Melar Acquisition Corp I has cleared the US Securities and Exchange …
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Kenya’s Quickmart targets $1bn revenue and 50 new stores – report
Kenyan supermarket operator Quickmart is targeting annual revenue of $1bn and plans to add at least 50 stores over the …
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Online retailer ASOS warns customers of data breach
UK online retailer ASOS has warned that basic personal details may have been accessed after an unauthorised alert went to …
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Ikea launches second-hand marketplace in UK and Ireland
Swedish furniture retailer Ikea has launched a second-hand marketplace in the UK and Ireland for Ikea Family members to buy …
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Omnichannel retail: why physical stores still matter
GlobalData research shows how grocery shoppers combine online research with store visits, highlighting the commercial importance of connecting ecommerce and …
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What HMRC’s VAT data reveal about the changing shape of UK retail
Wholesale and retail recorded the largest numerical increase in active VAT traders in 2024–25. HMRC’s figures reveal changes in the …
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Retailers in England can claim £2,000 for each young apprentice hired
Retailers in England that do not pay the apprenticeship levy can receive £2,000 for each eligible young apprentice they hire …
