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UK subscription reforms under the Digital Markets, Competition and Consumers Act are now expected in spring 2027, delaying stricter cancellation rules and giving retailers more time to prepare.
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Net sales rose to $706.41bn from $674.53bn a year earlier while consolidated net income increased to $22.27bn, compared with $20.15bn in FY25.
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The Independents’ clients include several luxury retailers such as Céline, LVMH, Saint Laurent, and Cartier.
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The reductions will fall predominantly on technology functions spanning North America, Asia and Europe.
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Group revenue, excluding VAT and including fuel, rose 2.7% from a year earlier to £33.64bn.
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The company said the test is designed to assess whether a broader convenience model can combine fuel station sites with supermarket-style choice and pricing, before any decision is made on a wider expansion.
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Gross merchandise value (GMV) fell 9% to £1.17bn while revenue was down 14% to £1.11bn.
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