New store growth drives rise in Pepco Group’s FY24 revenue
European discount retailer Pepco Group has reported a substantial 10.2% year-on-year revenue growth in fiscal 2024 (FY24), reaching €6.16bn ($6.48bn) …
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Kroger weighing “options” after US courts block $25bn merger with Albertsons
Kroger is “reviewing its options” after US courts blocked its $25bn merger with fellow retailer Albertsons, citing concerns over market …
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US district court judge blocks $24.6bn Kroger-Albertsons merger
A US federal judge has imposed a temporary injunction on the proposed $24.6bn merger between grocery retailers Kroger and Albertsons, …
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Opal strikes blow to UK organised retail crime with 93 arrests
A dedicated unit within the British national policing framework Opal, the intelligence unit focused on serious organised acquisitive offending, has …
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US retailers face uncertainty over Trump’s tariffs and port strikes
The National Retail Federation (NRF) and Hackett Associates have highlighted rising import levels at major US container ports, driven by …
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German authorities raid adidas HQ amid years-long tax probe
German law enforcement officials have executed a search operation at the headquarters of sports apparel brand adidas in Herzogenaurach. The action …
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Asda pilots digital pricing labels in Manchester convenience store
British supermarket chain Asda has embarked on a pilot project involving electronic shelf edge labels (eSELs) at its Express store …
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John Lewis, Waitrose and Nero to launch new in-store cafés
Premium coffee house the Nero Group has strengthened its partnership with Waitrose and unveiled a new collaboration with John Lewis …
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SPAR Hungary invests to elevate retail experience
Supermarket chain SPAR Hungary has enhanced consumer encounters and endorsed environmental stewardship with capital allocations for the modernisation and expansion …
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US retail chain Macy’s urged to revamp financial strategies
Affiliates of Barington Capital Group and Thor Equities, who hold stakes in Macy's, have issued a comprehensive proposal urging the …
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NZCC targets Woolworths and Pak’nSave on alleged pricing violations
New Zealand’s (NZ) Commerce Commission (CC) intends to initiate legal proceedings against Woolworths NZ and Pak’nSave outlets in Silverdale and …
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Meijer expands home delivery to 4 million more households
US Midwest-based supermarket chain Meijer has expanded its home delivery territory up to a 60-minute drive from its stores - …
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UK corporate distress rises, retail hit hardest
The latest Societal Impact report from The Institute for Turnaround (IFT) reveals troubling trends in the UK business landscape, with …
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Kirkland’s comparable sales decreased 3% in Q3 FY24
US home décor and furnishing retailer Kirkland's has reported a decrease in net sales to $114.4m in the third quarter …
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EU’s new Product Liability Directive comes into force
The European Union (EU) has initiated the enforcement of its modernised Product Liability Directive (PLD) as of 8 December 2024, …
