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Rising UK energy costs hit consumer spending power

New analysis shows that higher gas, electricity and fuel costs are set to reverse earlier income growth forecasts, leaving average household incomes slightly lower this year.

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Lululemon faces Texas probe over PFAS in products

The CID is part of a broader inquiry into whether the company may have misled consumers about the safety, quality and health implications of its merchandise.

LVMH posts modest organic growth amid Middle East disruption

The US “experienced a good start to the year” while the Middle East saw reduced organic growth by around one percentage point last month as a result of the regional conflict.

Why IKEA operates as a Swedish brand with Dutch ownership

Founded in Sweden in 1943, IKEA has built its global retail identity around Scandinavian design principles, affordability and functional home furnishings.

Mytheresa targets Middle East growth despite regional tensions – report

The move came amid disruption linked to Iranian missile strikes affecting countries, including the UAE and Saudi Arabia.

Amazon to expand Amazon Now into US and Europe

Amazon Now enables the delivery of thousands of products within 20 minutes via a network of micro-fulfilment centres.

SPAR Hungary invests €13.5m in six store upgrades

A key project within the programme is the reopening of a 4,000m² INTERSPAR hypermarket in Veszprém, following a €7.26m renovation.

B&M interim CFO Helen Cowing exits

The business has named its current group financial controller, Peter Waterhouse, as interim CFO.