SPAR names Reeza Isaacs CEO as Angelo Swartz steps down
South African retailer SPAR Group has appointed its chief financial officer (CFO), Reeza Isaacs, as chief executive officer (CEO), effective …
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Bath & Body Works launches authorised Amazon US store
Bath & Body Works has launched its first authorised store on Amazon’s US marketplace, extending distribution of selected fragrances and …
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SOLUM and EWQ broaden partnership for unified in-store retail tech
South Korean retail technology provider SOLUM and Finnish retail infrastructure company EWQ have broadened their strategic partnership to expedite the …
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Saks Global wins US approval for $1bn bankruptcy loan – report
Saks Global has secured approval from a US bankruptcy court for its $1bn loan after resolving payment disputes with luxury …
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US retailers address impact of supreme court tariffs decision
The U.S. Supreme Court ruling on tariffs has drawn formal response from the National Retail Federation (NRF), as businesses and …
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UK retail market sees post-holiday uplift
Retailers in the United Kingdom reported stronger sales in January, building on early signs of renewed consumer activity following a …
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Wayfair returns to operating profit as 2025 revenue rises
US-based online furniture and home goods retailer Wayfair reported higher revenue and returned to operating profitability in 2025 despite a …
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Walgreens to cut over 600 jobs across US – report
US pharmacy retailer Walgreens is eliminating more than 600 roles across the country under post-acquisition restructuring. According to a Bloomberg report, …
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Morrisons pledges £1.6bn to UK farming supply chain in 2026
UK supermarket Morrisons has allocated over £1.6bn ($2.15bn) to British agriculture in 2026, covering long-term supply arrangements with more than …
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Walmart FY26 revenue up 4.7%, unveils $30bn repurchase plan
Walmart reported FY26 revenue growth and a $30bn share repurchase plan while quarterly profit fell due to higher losses, and …
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UK retailers plan hiring freeze as labour costs increase
UK retailers are preparing to freeze recruitment and cut staff hours as rising labour costs place growing pressure on the …
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eBay to acquire Depop from Etsy for $1.2bn in cash
US online marketplace eBay has agreed to acquire fashion resale platform Depop from Etsy in a $1.2bn cash deal. The transaction …
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John Lewis Partnership commits £108m to increase retail staff pay
UK-based John Lewis Partnership will invest £108m ($145.9m) in employee pay, raising hourly shop floor wages by 6.9% from 1 …
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IKEA plans ten US store openings in 2026
IKEA has increased the number of US stores it intends to open in 2026 to ten, adding four new sites …
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UK inflation falls to 3% as food price growth slows
The latest official figures show that UK consumer price inflation slowed to its lowest rate in nearly a year in …
