QVC Group Just Erased Over $5 Billion in Debt and Is Days From Exiting Bankruptcy
QVC Group has cleared the last major hurdle to walking out of bankruptcy, after a federal judge signed off on a plan that erases more …
Marcus Wright
Who Owns Pizza Hut Now? Yum Brands Sold the Chain for $2.7 Billion
Pizza Hut has been sold. In June 2026, Yum! Brands agreed to hand off the pizza chain in two separate deals worth a combined $2.7 …
Burberry sales rise 5% as all divisions grow: shares still slip
Burberry reported 5% comparable sales growth in its fiscal first quarter, with every product division rising for the first time in three years. The Americas led at 12% and China rebounded 9%, but the shares still fell around 5%.
Seven & i targets a Zabka stake: 7-Eleven owner bets on Europe
Seven & i Holdings, the 7-Eleven owner, is in talks to buy a double-digit stake in Poland’s Zabka, sending the convenience chain to a record high in Warsaw. Here is what the reported deal means for Europe’s biggest convenience network and for Seven & i’s life after Couche-Tard.
Foreign trade zones: how FTZs work for retail importers
Tariffs & Customs deep dive: Foreign trade zones: how FTZs work for retail importers.
China moves to expand its e-commerce law: platforms face a wider net
China’s SAMR and commerce ministry opened a 20-provision draft amendment to the 2019 E-commerce Law for public comment, widening platform-economy oversight. The revision tightens platform liability and pledges to defend Chinese firms operating abroad.
Kroger acquires Giant Eagle for $1.65bn: a return to grocery M&A
Kroger has agreed to buy the family-controlled grocer Giant Eagle for about $1.65 billion. It is the company’s first major acquisition since the Albertsons merger collapsed in 2024.
Why a flagship US retailer will commit to stablecoin settlement in Q4 2026: 3 signals
A regulatory deadline, new card-network rails, and platform integrations point to a flagship US retailer committing to stablecoin settlement in Q4 2026. The trigger is the GENIUS Act, not consumer demand.
Wise cuts take rate to 52bps: FY26 volume jumps 31% to $243bn
Wise FY26 results show cross-border volume up 31% to $243.5 billion as the company cut its take rate to 0.52%. Net revenue rose 19% to $2.5 billion and pre-tax margin reached 26%, the first full year since its Nasdaq move.
Why merchant stablecoin checkout moves from pilot to launch by Q1 2027: 3 signals
Signals point to merchant-side stablecoin checkout and settlement moving from pilot to first mainstream US general availability in the holiday 2026 to Q1 2027 window. The gating factor is the GENIUS Act rulemaking, not the rails, which are already scaling.