food retail

Post-Brexit labelling requirements on British goods are set to be scrapped, with the EU-derived 'not for EU' markings that appeared on many food products expected to disappear under new rules announced by the UK government. The labels were introduced after Brexit as part of trade arrangements for goods sold in Northern Ireland, and their removal is being discussed as a simplification for retailers and shoppers.

McDonald's has launched a new advertising network, moving into the fast-growing retail media business. The move means the fast-food chain will sell ad space and use its customer data to help brands reach consumers, following a broader trend among retailers building advertising arms as a new source of revenue.

The government has permitted e-commerce providers to deliver food items and gadgets, expanding the scope of online retail services. Details on when the rules take effect and which platforms qualify have not yet been reported. The move is expected to widen consumer access to delivered goods and open new business opportunities for online sellers.

UBS analysts say AI shopping agents, which search and buy products on a customer's behalf, could significantly change hardline, broadline and food retail. The report suggests such agents may shift how consumers discover and purchase goods, with potential consequences for retailers' pricing, branding and online traffic. The analysis is circulating among market watchers tracking how automation affects the retail sector.