-
Supermarkets
Asda Lowestoft workers to stage 48-hour strike
Asda employees at Lowestoft have announced they are set to strike for 48 hours over “a litany” of workplace problems,…
Read More » -
Clothing & Shoes
Shein revives interest in acquiring Topshop
Shein is reportedly amongst a “number” of retailers still interested in acquiring the Topshop brand from Asos. According to The…
Read More » -
Economy
Inflation falls to lowest level since 2021
Inflation slowed to 3.2% in March, down from 3.4% the prior month, as inflation fell to its lowest annual rate…
Read More » -
Supermarkets
George at Asda outperforms market amid strong fashion sales
George at Asda has welcomed “soaring” online growth and in-store fashion sales over the sector’s latest six month-period, as the…
Read More » -
People Moves
Kingfisher chair to step down
Kingfisher has announced that Andrew Cosslett is set to step down as chair of the company after seven years as…
Read More » -
Online & Digital
Amazon invests over £600m in robotics and AI in Europe
Amazon has invested more than €700m (£600m) in robotics and AI-powered technologies across Europe over the last five years.By the…
Read More » -
Supermarkets
Tesco profits soar in FY results as inflation eases
Tesco has seen pre-tax profits soar by 159.5% to £2.3bn in its full-year results, up from £882m the prior year,…
Read More » -
Supermarkets
Tesco launches collaborative VC fund with global grocery retailers
Tesco has become one of five leading global grocery retailers to establish a “pioneering” collaborative grocery venture fund, W23 Global.…
Read More » -
Supermarkets
Ocado faces shareholder revolt over proposed £15m bonus for CEO
Ocado could reportedly face a shareholder revolt later this month over a new pay scheme that includes a bonus of…
Read More » -
Government
Theo Paphitis slams gov’s ‘disappointing’ attitude towards retail
Theo Paphitis has called out the government’s “disappointing” attitude towards the industry’s importance, Retail Week has reported. It comes as Paphitis’…
Read More »