Retail News

Get the latest news in the retail industry. Read press releases covering cosmetics, department stores, food and beverage, and more. Stay informed about market trends, consumer behavior, and innovations shaping the retail sector worldwide.

Jun 10, 2025 at 4:00 AM

Metapack’s New 2025 Ecommerce Data Finds UK Consumers Are Redefining Loyalty

LONDON--(BUSINESS WIRE)--According to Metapack’s 2025 Ecommerce Outlook, a comprehensive survey of retailers and consumers in the UK and US, there is a clear shift in what drives consumer priorities and what loyalty means. Convenience has now overtaken cost as the primary factor in purchase decision making, where 76.6% of those surveyed would consider switching providers if faced with delivery delays. The data shows that while UK retailers maintain plans for growth (with 32.2% anticipating high...
Jun 9, 2025 at 6:43 PM

Ibotta Announces a $100 Million Increase to Its Share Repurchase Program

DENVER--(BUSINESS WIRE)--Ibotta, Inc. (NYSE: IBTA), which operates the largest digital promotions network in North America, announced today that its Board of Directors has approved an increase to its share repurchase program, with authorization to purchase up to an additional aggregate of $100 million of the Company’s Class A common stock (the “Share Repurchase Program”). The Share Repurchase Program has no expiration date. Repurchases under the Share Repurchase Program may be made from time to...
Jun 9, 2025 at 6:17 PM

Jack Nathan Health Provides Update on Filing of FY 2024–25 Financial Statements and Audit Progress

TORONTO--(BUSINESS WIRE)--Jack Nathan Medical Corp. (TSXV: "JNH"; OTCQB: "JNHMF"), ("Jack Nathan Health", "JNH" or the "Company") announces that it was unable to file its audited consolidated financial statements, management’s discussion and analysis (MD&A), and related CEO and CFO certifications for the fiscal year ended January 31, 2025 (collectively, the “Annual Filings”) by the required deadline of May 31, 2025. The delay was primarily due to the complexity surrounding the Asset Purchas...
Jun 9, 2025 at 5:46 PM

IFF Appoints Virginia “Gina” Drosos to Board of Directors

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF)—a global leader in flavors, fragrances, food ingredients, health and biosciences—today announced the appointment of Gina Drosos to its board of directors, effective June 16. Drosos brings more than 30 years of executive leadership experience across the retail, consumer goods, beauty and health care industries. “We are very pleased to welcome Gina to the IFF board,” said Kevin O’Byrne, chair of the board. “Gina brings extensive relevant experience, deep...
Jun 9, 2025 at 4:30 PM

Casey's Announces Fourth Quarter and Fiscal Year Results

ANKENY, Iowa--(BUSINESS WIRE)--Casey’s General Stores, Inc., ("Casey's" or the "Company") (Nasdaq symbol CASY) one of the leading convenience store chains in the United States, today announced financial results for the three months and year ended April 30, 2025. Fourth Quarter 2025 Key Highlights1 Diluted EPS of $2.63, up 12.4% from the same period a year ago. Net income was $98.3 million, up 13.0%, and EBITDA2 was $263.0 million, up 20.1%, from the same period a year ago. Inside same-store sal...
Jun 9, 2025 at 4:27 PM

KixCare’s Kix360° Membership Touches Down in Air Canada’s Aeroplan eStore

TORONTO & MONTREAL--(BUSINESS WIRE)--KixCare, Canada’s first and only national, bilingual virtual healthcare solution dedicated to children and teenagers, has partnered with Aeroplan to offer its Kix360° membership program in the Air Canada Aeroplan eStore. Canadian Aeroplan Members can now redeem their points for a three- or 12-month subscription that provides comprehensive virtual physical and mental healthcare from a trusted team of pediatric professionals, anytime, anywhere. “At KixCare, we...
Jun 9, 2025 at 4:19 PM

FCPT Appoints Douglas Hansen as the New Chair of the Board of Directors

MILL VALLEY, Calif.--(BUSINESS WIRE)--In its March 6, 2025 announcement, Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), disclosed that John S. Moody would not stand for re-election to the Board of Directors of the Company (the “Board”) at the 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”) and Douglas B. Hansen would...
Jun 9, 2025 at 4:15 PM

Monro, Inc. Appoints Kathryn Chang as Senior Vice President of Merchandising

FAIRPORT, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced that it has appointed Kathryn Chang as Senior Vice President of Merchandising, effective immediately. Chang will lead the Company’s Merchandising Team and oversee the development and execution of the overall merchandising strategy as well as long-term assortment planning, pricing, and promotional strategies to drive revenue and profitability. Chang wil...
Jun 9, 2025 at 4:15 PM

P&G Appoints Craig Arnold to Board of Directors

CINCINNATI--(BUSINESS WIRE)--The Procter & Gamble Company (NYSE:PG) today announced the appointment of Craig Arnold, former Chairman and Chief Executive Officer of Eaton Corporation, to its Board of Directors, effective June 9, 2025. Mr. Arnold brings significant experience as a successful chief executive of a global enterprise serving businesses and customers in more than 175 countries. With a distinguished career at Eaton, a global leader in power infrastructure and technology, Arnold led...
Jun 9, 2025 at 4:15 PM

Culp Enters Into Multi-Year Agreement With Largest Shareholder

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP), a leading provider of fabrics for bedding and upholstery fabrics for residential and commercial furniture, announced today that it has entered into a new, multi-year cooperation agreement with its largest shareholder, Seattle-based 22NW, LP. Among other voting, governance and standstill provisions, 22NW will provide its voting support to CULP at its 2025 and 2026 Annual Meetings of Shareholders pursuant to the agreement. In addition, n...
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