Retail Detail... and Luxury (New rules of Luxury, LPP AI seminar, US grocer newsflow)

Research evidence excerpt

Retail Detail... and Luxury (New rules of Luxury, LPP AI seminar, US grocer newsflow)

Equity Research

22 May 2026

Retail Detail... and Luxury

Daily Retail and Luxury News (22

May 2026)

New rules of Luxury, LPP AI seminar, US grocer newsflow UK Mid & Small Cap Leisure/Consumer

NEUTRAL

European Food Retail

European General Retail Morning's key headlines (more stories below)

Retail: EMEA Internet

• **BARCLAYS RESEARCH: Pepco - Accelerating growth and cash returns** POSITIVE

• LPP present on AI in scaling a fashion business. European Luxury Goods & Specialty Retail

• Morrison expands online operations and closes 100 Daily stores. NEUTRAL

• LPP sees better trading and continued margin expansion in May. European Food Retail

• Stop & Shop cuts prices on thousands of items across NY and NJ stores. Matthew Clements

• Walmart commentary on US consumer. +44 (0)20 7773 6018

• Kroger to cut prices on thousands of lines. matthew.clements@barclays.com

Barclays, UK

Luxury:

Imogen Doyle

• **BARCLAYS RESEARCH: European Luxury Goods & Specialty Retail - The new rules +44 (0)20 7773 2605

of luxury** imogen.doyle@barclays.com

• China eases tax refund rules. Barclays, UK

• Audemars Piguet and Ambush collaboration.

European Luxury Goods & Specialty

• Brand management firms push into luxury. Retail

• Prada Beauty launches temporary retail at Madrid Airport. Viktoria Petrova

+49 (0)69 7161 1052

viktoria.petrova@barclays.com

BBI, Frankfurt

Carole Madjo

+44 (0)20 3134 3168 Barclays upcoming events

carole.madjo@barclays.com

**CORPORATE ACCESS: Barclays: Channel check with UK grocery expert (23 June Barclays, UK

2026)** Please join Karine Elias (Credit Research) and Matt Clements (Equity

Research) on Tuesday, 23 June, as they host Steve Dresser, CEO at Grocery Insight, for Filippo Croce