Aldi to invest record £900m as it plots 40 new UK stores
Aldi is ramping up its UK expansion with plans to invest a record £900m next year, including opening more than 40 new supermarkets and expanding its distribution network. It said…
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AG Barr profits rise despite £10m summer supply chain hit
AG Barr has reported a rise in revenue ahead of the wider soft drinks market, despite supply disruption during the peak summer trading period. For the 26 weeks ending 1…
Thrift+ owner acquires Hirestreet
CTR Group, which owns secondhand fashion marketplace Thrift+, has acquired fashion rental platform Hirestreet with ambitions to scale its subscription rental model. The…
European parcel tax hits Shein hard: prices rise, profits halve
The new European tax on low-cost packages is hitting Shein’s pricing model hard: operating profit fell by half in the first half of the year. The Chinese fashion giant is raising…
Comvita chair Bridget Coates faces vote of no confidence
Comvita chair Bridget Coates is facing a vote of no confidence amid a call for her removal at the honey maker’s shareholder meeting. The post Comvita chair Bridget Coates faces…
Mondelez hands control of Harmony wheat scheme to ProTerra
Non-profit ProTerra Foundation is taking on the running of Mondelez International's Harmony wheat sustainability programme. The post Mondelez hands control of Harmony wheat scheme…
India’s Anmol Industries files IPO prospectus
Indian biscuit and cake manufacturer Anmol Industries has filed draft papers for an IPO, aiming to raise up to Rs18bn ($187.4m). The post India’s Anmol Industries files IPO…
Asda backs British supplier with £250m investment
Asda has announced a £250m investment in a 10-year partnership with UK-based supplier Len Wright Salads. This agreement builds on 35 years of collaboration between the supermarket…
Asda backs British grower with £250m long-term investment
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
How a £3million investment strengthened Queensgate Peterborough’s retail proposition
It’s been a big couple of months for Queensgate Peterborough, with the shopping centre announcing that Boots, Primark and Vision Express had made significant store refurbishments…
Armani begins talks with LVMH, L’Oréal, and EssilorLuxottica regarding a minority stake
Within a few weeks, Armani will begin talks with LVMH, L’Oréal, and EssilorLuxottica regarding the sale of an initial 15% minority stake. That stake may be divided equally among…
Aldi to invest record £900m in new stores and distribution centres in 2027
Investment follows annual results showing turnover rose 5% to 'record' £19bn in year to 31 December 2025