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Supermarkets
Sainsbury’s to invest £550m in keeping prices low
Sainsbury’s is set to invest £550m over two years to keep its prices low and be “more competitive”, CEO Simon…
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Economy
Consumer confidence remains at ‘historic lows’ in December
GfK’s Consumer Confidence Index increased by only two points in December to -42, with confidence still sitting at “historic lows”. …
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People Moves
M&S appoints former Boohoo Group MD as head of menswear
Marks and Spencer has appointed the former managing director of Boohoo Group, Mitch Hughes, as director of menswear, Drapers has…
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Features
Record-breaking sales of Amazon over the holiday weekend – Will it last until the end of 2022?
During Cyber Monday, and over the days preceding Thanksgiving, people were in a bullish mood with their buying habits on…
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Clothing & Shoes
Shein considers becoming online marketplace
Shein is reportedly considering becoming an online marketplace platform, in a move that would enable third-party merchants to sell directly…
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Clothing & Shoes
Frasers Group snapped up I Saw It First for £1
Frasers Group has revealed that it acquired online retailer I Saw It First for a cash sum of only £1…
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Clothing & Shoes
M&Co appoints administrators
M&Co has fallen into administration after struggling with rising input costs as well as lower consumer confidence in recent months.…
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People Moves
Former Greggs CEO assumes new role on Card Factory board
Card Factory has announced that Roger Whiteside, the former CEO of Greggs, will assume the role of senior independent non-executive…
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Department Stores
Acquisitions boost Frasers profits by 53%
Frasers has welcomed a strong performance in its half-year results, with pre-tax profits soaring 53% to £284.6m, as sales were…
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News
Inventory planner helps mom-of-three raise America’s fastest growing baby brand
Forget the terrible twos – for most baby and toddler brands, the last five years have been a struggle. More…
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