Lincolnshire Co-op restructures operations amid falling profits
Lincolnshire Co-op has launched a wide-ranging business transformation programme as the UK-based retailer grapples with falling revenues and sharply reduced …
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Nykaa sets FY30 GMV target above $5bn
Indian beauty and fashion retailer Nykaa has set out an FY30 strategy centred on building a beauty and lifestyle business …
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L’Oréal to acquire majority stake in Indian skincare company Innovist
French beauty retailer L'Oréal has agreed to purchase a majority stake in Innovist, a digital-first personal care company, as part …
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Tesco reports £16.82bn group sales for first quarter
Tesco reported group sales of £16.82bn ($22.19bn) for the quarter ended 30 May 2026, up 1% like-for-like (LfL), with growth …
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UK inflation steady as retailers keep prices in check
UK inflation remained at 2.8% in the 12 months to May, as slower growth in food prices offset higher transport …
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UK retail employment falls to record low as labour costs rise
UK retail employment has fallen to its lowest level on record, according to new figures based on official data, with …
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Kroger Q1 FY26 earnings rise on stronger sales
Kroger posted higher first-quarter earnings and revenue for fiscal 2026 (FY26), reaffirming its full-year outlook across key financial targets. The US …
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Global semiconductors hiring slows after Q1 surge: What this means for your sector
For company leaders, detailed hiring and workforce data is an early warning system for performance. It shows where skills are …
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Morrisons Q2 sales reach £4bn as LfL growth extends to 14th quarter
Morrisons has reported total sales of £4bn ($5.29bn) for the second quarter (Q2) of its 2025/2026 financial year, with group …
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Shein launches Xcelerator in the Middle East
Shein is expanding its Xcelerator into the Middle East as a new survey highlights that younger consumers are prioritising value …
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Allbirds sells IP, rebrands as Smartbird in AI infrastructure shift
US retailer Allbirds has offloaded its brand and footwear intellectual property (IP) to American Exchange Group (AEG) and WSG Brands, …
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John Lewis to spend £50m upgrading five stores in 2026
John Lewis has announced a £50m ($66.5m) investment across five UK stores this year, with Glasgow set to receive more …
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Retailers must stop designing stores for the ‘average customer’
The era of the average shopper is ending, and retailers that continue to organise stores around broad demographic groups risk …
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Record Father’s Day spending highlights US consumer resilience
Father’s Day spending in the United States is projected to reach a record $27.9bn, according to data from the National …
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French retailer Carrefour targets 5,000t plastic reduction
French retailer Carrefour plans to remove more than 5,000 tonnes (t) of plastic from product packaging and pass savings to …
