Costco Wholesale reports sales of $16.84bn for January 2023

The company’s e-commerce sales declined by 15.4% in the month.

Bed Bath & Beyond to shut 87 stores amid possible bankruptcy

The retailer is said to have failed to make interest payments on its bonds, signalling its worsening financial situation.

Tesco to close food counters and hot delis from 26 February

The retailer will also close eight pharmacies and move overnight roles to daytime hours at 12 stores.

UK CMA launches investigation into grocery unit pricing

The review is part of the CMA’s wider efforts to promote competitive markets and tackle unfair behaviour in the UK’s retail sector.

Aldi opens regional distribution centre in Loxley, Alabama

The 564,000ft² facility will serve at least 100 Aldi stores across the Gulf Coast region.