Corporate deals and trade deadlines dominate today's headlines across retail, ecommerce, supply chain and sourcing. In the United States, QVC Group is set to emerge from bankruptcy with a lighter balance sheet, FedEx is exiting contract logistics in a $1.4 billion sale to CMA CGM, and US and Mexican negotiators have opened a fresh round of USMCA talks. In the United Kingdom, shop price inflation held steady near a five year low, online shopping's share of sales hit a new high for the year, Prologis faces a deadline on its takeover approach for Segro, and tighter steel import quotas take effect for manufacturers.

Today's Headlines

Retail Industry

  • QVC Group wins court approval to exit bankruptcy with $5.3 billion debt cut

  • UK shop price inflation holds at 0.2%, lowest since 2021

Ecommerce and Digital Retail

  • US online sales top $26.4 billion during June sales event blitz

  • UK online penetration hits 39%, highest share of 2026

Supply Chain and Logistics

  • FedEx sells supply chain unit to CMA CGM for $1.4 billion

  • Prologis faces July 22 deadline on £13.5 billion Segro takeover bid

Sourcing and Manufacturing

  • US and Mexico open third round of USMCA talks in Mexico City

  • UK steel import quotas cut 60%, above quota imports face 50% tariff

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