Why retail acquisitions fail: Lessons from Walmart, Target and Tesco
Retail acquisitions promise something few other strategies can deliver: rapid growth. By acquiring an established retailer, companies can gain immediate market …
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French cosmetics company L’Oréal H1 sales up 6.8%
French cosmetics major L'Oréal recorded sales of €23.77bn ($27.27bn) in the first half of 2026, marking a like-for-like (LfL) increase …
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Uber Eats adds five regional US grocery chains
Uber Technologies has partnered with five regional US grocery retailers, adding Busch's Fresh Food Market, Hays, Lowe's Market, Marc's, and …
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Aldi cuts prices on 330 products with £100m investment in UK
Discount supermarket chain Aldi is investing £100m ($133.3m) to reduce the prices of 330 products in the UK. This brings its …
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Hermès H1 2026 revenue rises 2% to €8.16bn
French luxury retailer Hermès recorded consolidated revenue of €8.16bn ($9.34bn) in the first half of 2026, up 2% at current …
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The AI fraud wave retailers must prepare for
Retailers are entering a new era of fraud risk as artificial intelligence (AI) gives criminals powerful new tools to deceive …
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eBay agrees $55.7m settlement over Steiner cyberstalking campaign
eBay and several former executives have agreed to pay $55.7m to settle a civil lawsuit brought by Ina and David …
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Russia weighs state support for Wildberries after drone strikes – report
Russian authorities are considering measures to support Wildberries, the country's largest online retailer, following Ukrainian drone strikes on its warehouses. State-controlled …
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Mike Ashley’s Frasers builds up Burberry position
Frasers Group has amassed a position equivalent to 4.15% of voting rights in Burberry Group, a regulatory filing published on …
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Kering H1 revenue up 1% as jewellery and eyewear offset Gucci fall
Gucci-owner Kering reported comparable revenue growth of 1% in the first half (H1) of 2026, with revenue reaching €7.22bn ($8.23bn), …
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Five retailers, five AI strategies
There is no single way to introduce AI into retail. That is the main message from GlobalData’s latest Global Retail …
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UK retail competition limits price rises as cost pressures increase
UK retail prices are being held in check by intense competition between retailers, even as businesses face rising operating costs …
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UK retailers update disposable BBQ guidance as wildfire risks rise
UK retailers are updating their approach to disposable BBQ sales as concerns grow over the risk of wildfires during hot, …
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Frasers’ Hugo Boss takeover offer becomes unconditional after EU clearance
Frasers Group said its voluntary public takeover offer for Hugo Boss is now unconditional after receiving merger control approval from …
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BEUC and Dutch MEP urge EU action on unexpected charges – report
The European Consumer Organisation (BEUC) and Dutch Member of the European Parliament Dirk Gotink have called on the European Commission …
