Arket opens second London store less than a month after UK debut The H&M-owned brand is opening the store today at 27-29 Long Acre in Covent Garden. It is the brand's fourth store globally, following flagship openings in Copenhagen and Brussels and an opening on London's Regent Street on 25th August. Read more.

Tesco plegdes to halve food waste by 2030 The supermarket chain has announced a partnership agreement with 24 of its biggest suppliers to adopt its Sustainable Development Goal. Tesco aims to reduce food waste by 50% by 2030 and make food waste data available to the UK public within 12 months. Read more.

Microsoft to launch first UK store at London’s Oxford Circus The technology company is in advanced talks to move into 255-259 Regent Street – a prime site on the junction of Oxford Street that is currently occupied by United Colours of Benetton. Microsoft is poised to sign a 10-year lease, Retail Week reports. Read more.

The Co-op adds 500,000 new members in six months to reach 4.5 million The Co-op said 1.1 million new members have now joined since the launch of its new membership scheme in September 2016. The business saw underlying half-year profits drop to £14m, primarily due to its insurance business reporting a £1m loss. Read more.

River Island grows full-year sales by 4% to £970.5m Chief executive Ben Lewis said turnover had been stable in a challenging year for the industry. River Island is planning to invest in its business by tripling the number of UK IT and digital roles and doubling the size of its innovation hub in Shoreditch. Read more.

House of Fraser ‘optimistic’ after investing in digital The retailer's new CEO Alex Williamson said he was positive about its future outlook as it reported half-year results. This included an adjusted EBITDA loss of £8.6m as the business was impacted by web transformation costs and womenswear stock clearance. Read more.