Retail News 27 February 2026 - 8 May 2026

BP’s June Shake-Up Gives Meg O’Neill’s Oil-and-Gas Reset Its First Real Test

BP’s June Shake-Up Gives Meg O’Neill’s Oil-and-Gas Reset Its First Real Test

Morrisons was fined £737,000, with costs and a surcharge pushing the total above £750,000, after admitting food hygiene offences at its Cwmbran store. Inspectors found dirty equipment, poor cleanliness, and failures in food safety controls in the bakery. The store’s bakery was closed for a deep clean and later improved its hygiene rating. The fine was reduced from £1.1 million due to an early guilty plea.
May 8, 2026
Lidl Loyalty Scheme Backlash: Shoppers Say New Points Don’t Add Up

Lidl Loyalty Scheme Backlash: Shoppers Say New Points Don’t Add Up

Lidl has replaced its Coupon Plus scheme with Lidl Plus Points, moving to an app-based system where shoppers earn one point per £1 spent. Some customers say the new rewards require much higher spending for similar perks, with MoneySavingExpert citing a £70 spend now needed for a free bakery item once earned after £10. Lidl says bonus campaigns will increase value. The change took effect this week.
May 8, 2026
Walmart stock price today: WMT jumps nearly 3% as BofA backs the retail giant again

Walmart stock price today: WMT jumps nearly 3% as BofA backs the retail giant again

Walmart shares rose 2.8% to $127.95 Friday, bucking a broader market decline after Bank of America reinstated a buy rating and highlighted gains with higher-income shoppers. The move followed Walmart’s $100 million FTC settlement over alleged Spark Driver pay misrepresentations. Walton Family Holdings Trust sold over 1.2 million shares earlier in the week. Walmart reports earnings again on May 14.
February 27, 2026