Pepco Group opens 500th store in Romania
Discount retailer Pepco Group has completed ten years of operations in Romania with the opening of its 500th store. Pepco entered …
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Skechers goes private after acquisition completion by 3G Capital
Private equity company 3G Capital has finalised the acquisition of Skechers, taking the footwear company private. Skechers’ shares ceased trading on …
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Advent in talks to acquire Brazilian supermarket chain Sonda
US-based private equity company Advent is in advanced discussions to purchase Brazilian supermarket chain Sonda, Valor international reported, citing sources. The deal, expected …
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Sainsbury’s ends talks with JD.com over Argos sale
British supermarket chain Sainsbury’s has ended talks with Chinese retailer JD.com over the sale of its general merchandise business, Argos, …
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US retail sector maintains growth as tariffs loom
Retail spending in the United States continued to rise in August, driven by back-to-school purchases and consumer efforts to avoid …
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Retailers warn 400 big UK shops could shut over rates hike
Britain's retail industry, already struggling with rising costs, faces a new challenge. The government is proposing higher business rates for …
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Ocado Retail reports 15.5% revenue growth in FY25
Ocado Retail has reported a 15.5% increase in revenue to £2.83bn ($3.8bn) for the financial year 2025 (FY25) propelled by …
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Estée Lauder appoints René Lammers as chief research and innovation officer
The Estée Lauder Companies has appointed René Lammers as executive vice-president and chief research and innovation officer, effective from 1 …
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John Lewis Partnership reports £88m loss before tax in H1 2025/26
British retailer John Lewis Partnership, which runs John Lewis and Waitrose brands, has reported £88m ($119.17m) loss before tax in the …
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UK retailers back business rates reform but demand clarity
The British government has published its Transforming Business Rates: Interim Report, outlining next steps in overhauling a system that has …
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Starbucks unveils Spanish flagship outlet at Bernabéu Stadium, Madrid
Global coffeehouse chain Starbucks has launched its inaugural flagship store in Spain inside the Santiago Bernabéu Stadium, which is home …
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Gift Cards: retail’s best bet for a strong holiday season
Every holiday season feels important for retailers, but this year, the pressure is different. Shoppers are showing signs of caution …
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Kering delays full acquisition of Italian fashion brand Valentino
French luxury group Kering and Qatari investment company Mayhoola have agreed to amend their shareholders' agreement, initially agreed during Kering's …
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AB Foods expects drop in Primark’s LFL sales for H2 2025
Fashion chain Primark’s owner Associated British Foods (AB Foods) is expecting the brand’s like-for-like sales (LFL) for the second half …
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Card Factory could boost online presence by revitalising Funkypigeon’s proposition
Card Factory has a clear opportunity to bolster its weaker online proposition with its acquisition of Funkypigeon, but must fix …
