PayMore to launch 100th electronics store in Charlotte, North Carolina
US-based electronics franchise PayMore is set to open its 100th store in Charlotte, North Carolina. The electronics resale chain buys unused …
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Bodycare to close additional 30 stores amid administration process
UK-based health and beauty retailer Bodycare is set to shutter an additional 30 stores following its entry into administration earlier …
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Aldi commits £1.6bn to UK expansion despite decline in operating profit
Supermarket chain Aldi has unveiled plans to invest £1.6bn ($2.17bn) in the UK with the aim of opening 80 new …
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Apparel giant VF to divest Dickies brand in $600m deal
US apparel and footwear giant VF has agreed to sell its Dickies brand to Bluestar Alliance for $600m in cash. Owner of …
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Trump tariffs make online shopping more expensive for Americans
Online marketplaces and big-box chains that built their reputations on rock-bottom prices are quietly reshaping their offers after a fresh …
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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 …
