M&S to outline shareholder returns plans this year – report
UK retailer Marks & Spencer (M&S) will set out plans this year on increasing shareholder returns in the coming years, …
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Kering and L’Oréal move up Gucci beauty deal by a year
Gucci and Balenciaga owner Kering and French beauty group L'Oréal have signed a 50-year exclusive beauty licence agreement for Gucci. The …
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Amazon expands rapid delivery product range in Brazil
Amazon has increased the number of products available through its 15-minute delivery service in Brazil by 15% due to robust …
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John Lewis puts 200 jobs at risk – report
John Lewis has launched a consultation regarding 200 potential redundancies tied to proposals to close bureau de change counters in …
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Luxury and premium retailers reclaim the resale experience
Luxury and premium retailers are taking greater control of the luxury resale market as brands invest in their own second-hand …
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FCA report signals new era for AI in retail finance
Artificial intelligence is set to reshape retail financial services over the next decade, with banks, insurers, lenders and payment providers …
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Ex-Primark chief reportedly advising Asda on George budget clothing range
Former Primark chief executive Paul Marchant is advising Asda on its George budget clothing line, Bloomberg reported. People familiar with the …
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York Holdings weighs acquisitions as IPO preparations continue – report
Japanese supermarket operator York Holdings may pursue acquisitions should appropriate opportunities arise, Bloomberg reported, citing director Naofumi Nishi. Seven & i …
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Tokmanni names Sampo Päällysaho as new CEO
Finnish variety discount retailer Tokmanni Group has appointed Sampo Päällysaho as its new chief executive officer, succeeding Mika Rautiainen, who …
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Walmart and Sam’s Club lower summer prices
Walmart and its subsidiary Sam's Club have reduced prices on thousands of products, including beef, grilling supplies and household essentials, …
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Why physical stores are becoming third places
Physical stores continue to play a vital role in retail, even as online shopping grows. Many consumers still prefer to …
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French watchdog clears Auchan-Intermarché franchise deal
France’s competition authority has approved a deal allowing 167 Auchan supermarkets and hypermarkets to switch to Intermarché or Netto banners …
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Nykaa signals strong Q1 FY27 growth
Indian retail company Nykaa said its first quarter of FY27 began with a clear pick-up in growth, with consolidated gross merchandise value (GMV) …
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Next weighs bid for Harvey Nichols – report
British clothing retailer Next is preparing a possible takeover approach for luxury department store chain Harvey Nichols, Sky News reported. The …
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Gymshark founder reportedly in talks to repurchase part of General Atlantic stake
Gymshark chief executive and founder Ben Francis is in negotiations to buy back a portion of the stake he sold …
