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Economy
Hot weather springs profit warning at DFS
DFS has announced a profit warning, blaming poor sales performance on decreased high street footfall during the hot weather, disruption…
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Department Stores
M&S warns of further store closures and job cuts
M&S bosses have warned of further store closures and job cuts in meetings at the company’s AGM, which took place…
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Economy
Poundland founder prepares Poundworld bid after Chris Edwards pulls out
The founder of Poundland, Steve Smith, is preparing a bid for embattled rival Poundworld after Chris Edwards, the latter’s founder,…
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Government
Asda CEO: Hard Brexit could have ‘significant consequences’ for food supply and quality
Asda CEO Roger Burnley has expressed his concerns that a ‘hard’ Brexit could have “significant consequences” for food supply and…
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Economy
UK Treasury rejects retailers’ business rates reform calls
The UK Treasury has today rejected calls from retailers who say business rates should be reformed to create a level…
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Economy
England/Colombia World Cup win scores UK a £1.3bn economy boost
England’s penalty shootout victory against Colombia has given the UK economy a £1.33bn boost according to new figures. The figures…
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Economy
Sainsbury’s Q1 sales growth stutters as groundwork laid for merger
Sainsbury’s has seen a slump in its total sales growth down to 0.8% from 1.3% in the last quarter of…
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High Street
Personal information of job applicants leaked in Costa Coffee data breach
The parent company of Costa Coffee, Whitbread, has been the subject of a data breach which has seen personal information…
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Supermarkets
Tesco and Carrefour to form ‘strategic alliance’
Tesco and Carrefour are to form a “strategic alliance” in order to offer “even lower prices” and “improve the quality…
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Economy
Boots shares plunge 10% following Amazon medicine service acquisition
Shares in the parent company of pharmacy chain Boots, Walgreens Boots Alliance, have plummeted by 10% this morning following news…
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