Mark Faithfull

Ocado co-founder Tim Steiner will step down as CEO by early 2028, transitioning to an advisory role through 2029, providing certainty for his succession. This pivotal moment for the warehouse automation leader centers on achieving profitable international growth, particularly in North America. While partnerships with Kroger and Sobeys were once promising, post-pandemic demand normalization and strategic reviews have slowed the expected rapid rollout of fulfillment centers, causing investor anxiety. Despite these challenges, recent financials show cautious optimism with increased revenue and a return to profit, driven by a new focus on cash generation and operational efficiency. Steiner, a crucial evangelist, will manage this gradual transition, aiming to strengthen North American growth and demonstrate the platform's value amidst intensifying competition before his departure.

The hotel as the holiday season retail flagship? Vacation spots may not be the most obvious place for retail to emerge as a major revenue driver

Ireland's commercial property investment market gathered momentum in the second quarter, with more than €1B of assets changing hands and taking total investment to €1.5B for 2026.

The Irish government has signalled that it may be prepared to intervene in the future of Dublin's landmark Carlton Cinema site at the northern end of O'Connell Street, which owner

In what is shaping up to be a blockbuster period of mergers and acquisitions in the industrial and logistics sector, investors are weighing up the prospects for the sale of two companies valued at almost £20B.

Story telling is in but hydration breaks have left fans cold. (Photo by Francois Nel/Getty Images)Getty Images

The days of headline sponsorship being the ticket to sales are over, instead brands that have boxed clever have dominated the FIFA World Cup while others have struggled.

Leumi UK has provided financing of up to £100M for the expansion of Concreit, TPG Angelo Gordon and Blomfield Partners' industrial outdoor storage platform.

Shein's first permanent European store in Paris's prestigious BHV Marais is closing after only seven months, following a change in the department store's ownership. The new owner deemed the partnership a "strategic error," as hosting the ultra-fast-fashion giant sparked significant criticism and reputational challenges for BHV, with many established brands reconsidering their presence. Shein, however, stated the project was temporary and reaffirmed its commitment to the French market through online platforms and pop-up stores. This abrupt exit serves as a warning for other Chinese retailers in Europe, highlighting potential reputational risks. The move also coincides with increasing regulatory scrutiny in Europe, including new EU import fees and French legislation targeting ultra-fast fashion with fines for traceability and environmental issues.

Munich Re asset manager MEAG has strengthened its growing Irish real estate portfolio with the acquisition of the Seafield Strand apartment scheme