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Retail Industry News
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Kroger (NYSE: KR) to reboot consolidation strategy with $1.65bn acquisition of Giant Eagle
Kroger (KR) to acquire Giant Eagle for $1.65B, adding 197 stores and $9B in sales across five states. First major deal since the Albertsons collapse.
ASOS (LSE: ASC) shares jump as £48m Atlanta sale cuts debt and completes warehouse reset
ASOS has sold its unused Atlanta fulfilment centre, unlocking £48 million in cash and £6 million in annual savings as the online fashion retailer works to repair its balance sheet and build a leaner logistics model.
Why is Frasers Group (LSE: FRAS) selling Sports Direct Malaysia while planning 350 Asian stores?
Frasers Group is exchanging direct ownership of Sports Direct Malaysia for cash and continuing income, testing whether local partnerships can deliver faster Asian growth with less capital and operational complexity.
Associated British Foods (LSE: ABF) shares fall as sugar losses test Primark demerger case
Associated British Foods kept most of its full-year guidance intact, but a potential £60 million sugar loss and further deterioration in 2027 have complicated the investment case ahead of the planned Primark separation.
France passes ultra-fast-fashion law targeting Shein, Temu and AliExpress advertising
France is targeting Shein, Temu and AliExpress with garment penalties and an ad ban, but Europe’s biggest fast-fashion brands largely escape.
Nike (NKE) beats Q4 with $986m tariff refund but Greater China -12% keeps stock heavy
Nike (NKE) Q4 beats on $986M IEEPA tariff refund but China -12%; turnaround still lagging. Full executive read on Elliott Hill's plan ahead of Investor Day.
Could SPS Commerce’s 3P divestiture sharpen its retail supply chain software strategy?
SPS Commerce’s 3P Revenue Recovery sale sharpens SPSC’s focus on 1P suppliers, retail software depth and Carbon6 portfolio cleanup.
The chatbot era is ending. Here is where Spyne sees the next dealership AI battle
Spyne’s Q2 2026 analysis argues that affordability, constrained used-vehicle supply and fragmented dealer data are pushing artificial intelligence from isolated tools into connected retail execution. The larger implication is that disciplined workflows, rather than AI novelty, will determine whether dealerships gain margin or merely add another software bill.
A $158m test for Cencosud: Can Makro become Colombia’s next profit engine?
Cencosud is adding 21 Makro stores across Colombia, extending its cash-and-carry platform while testing whether regional scale can deliver stronger margins and investor returns.
THG confirms stronger H1 growth as Beauty and Nutrition drive EBITDA recovery
THG has reported accelerating Beauty and Nutrition sales, a 36% increase in trailing adjusted EBITDA and its strongest first-half free cash flow since 2021, but investors remain cautious over debt, whey inflation and an unresolved £78 million VAT claim.