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Department Stores
Selfridges co-owner admits £4bn price was ‘too high’
Tos Chirathivat, the executive chair and CEO of Thai family conglomerate Central Group, said in a conversation with The Financial…
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Online & Digital
Zalando to acquire About You in €1.2bn deal
Zalando has announced its intention to submit a voluntary public offer to acquire up to 100% of German retailer About…
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Online & Digital
Moonpig H1 revenues rise 3.8% to £158m
Moonpig has reported that revenues rose by 3.8% year-on-year to £158m for the six months to 31 October, thanks to…
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Supermarkets
Caffè Nero bolsters Waitrose and John Lewis partnership
The Nero Group, the family-owned operator of Caffè Nero, has secured new partnerships with Waitrose and John Lewis, which will…
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Clothing & Shoes
Frasers eyes takeover deal of Norwegian sports retailer
Frasers Group has announced this morning (6 December) its intention to launch a voluntary offer for all shares in XXL…
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Analysis
What’s stopping supermarkets from selling loose fruit and veg?
Aldi is taking a bold step toward reducing plastic waste by trialling 12 new loose fruit and vegetable lines across…
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High Street
Frasers lowers profit guidance as H1 sales fall 8.4%
Frasers Group has lowered its profit guidance for FY25 to between £550m to £600m, having seen its sales fall by…
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High Street
Chancellor admits NI rise won’t be ‘easy’ for businesses
Chancellor Rachel Reeves has admitted that it will not be “easy” for businesses to “absorb” the rise in employers’ national…
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Sport & Leisure
Mike Ashley ‘met by stone wall’ in HMRC data dispute
Sports Direct boss Mike Ashley has launched legal action against HMRC, saying that the government body made “extensive” breaches of…
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Online & Digital
Temu to shorten delivery times through expansion of UK suppliers
Temu has plans to increase the number of its UK-based suppliers as a way to speed up delivery times, which…
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