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Economy
UK retail sales slow in August
UK retail sales slowed in August as total sales increased by 1.0% compared with an increase of 3% in August…
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High Street
Footfall recovers in August despite cost of living crisis
Footfall has strengthened across UK retail destinations in August 2022 to -13.2% below 2019 compared with -14.2% in July 2022,…
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M&A
Co-op sells petrol forecourt estate to Asda for £600m
Co-op has agreed to sell its petrol forecourt business to Asda in a £600m deal. The enterprise value of approximately…
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Supermarkets
Asda eyes £450m bid for Co-op’s petrol forecourts
Supermarket group Asda is reportedly preparing to make a £450m swoop on the Co-op Group’s petrol forecourt business, according to…
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M&A
Retail entrepreneur swoops to acquire Paperchase
Steve Curtis, an operating partner at Rcapital, the turnaround investor, has reportedly agreed to buy Paperchase as a private investor…
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Clothing & Shoes
French fashion brand Jott to open its first UK store in Marylebone
French fashion brand Jott has announced its first UK store is opening in Marylebone Village in the autumn. Jott is…
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People Moves
Card Factory appoints non-executive director
Card Factory has announced the appointment of Indira Thambiah as non-executive director, effective 1 September 2022. Thambiah has been appointed…
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People Moves
M&S strengthens womenswear team with two appointments
Marks and Spencer has welcomed Emma Fox as its new head of buying for womenswear and will join in October…
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News
Foot Locker CEO announces retirement
Foot Locker, the New York-based athletic retailer, has announced that Richard Johnson will retire as president and chief executive officer…
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M&A
Central Group and Signa Holdings complete Selfridges acquisition
Central Group and Signa Holding have completed the acquisition of Selfridges Group from the Weston Family in a deal that…
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