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Supermarkets
Morrisons to close 132 McColl’s stores
Morrisons has announced plans to close 132 McColl’s stores over the year as these stores have “no realistic prospect” of…
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Health & Beauty
Can beauty retailers remain resilient through the winter?
With endless economic and political uncertainty permeating the industry, it’s been hard to predict which category of retailers will fare…
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DIY
B&M maintains FY23 outlook despite £40m profit drop
B&M has maintained its previous guidance for the full year (FY23) with group adjusted Ebitda expected to be in the…
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Clothing & Shoes
Adidas lowers forecast amid Yeezy split
Adidas has lowered its full year guidance for FY22 with total revenues now expected to grow at a low-single-digit rate…
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Economy
Grocery price inflation hits record 14.7%
Four-week grocery price inflation has hit another record high figure at 14.7%, according to Kantar, marking another “record” high and…
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Clothing & Shoes
Mamas & Papas revenues jump 17% in H1
Mamas and Papas has reported that its revenues grew 17% in the six months to September, with the group’s continued…
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People Moves
John Lewis appoints chief transformation & technology officer
The John Lewis Partnership has announced the appointment of Zak Mian as chief transformation and technology officer, effective 7 November.…
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Clothing & Shoes
Clarks returns to profit in FY22 amid repositioning
Clarks has announced it has returned to profit for the year ended 29 January 2022, with pre-tax profits rising to…
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News
Made.com nears administration as shares suspended
Made.com has announced its shares have been suspended from trading on the London Stock Exchange this morning (1 November) as…
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Department Stores
Harrods swings to profit in FY21
Harrods has revealed it has returned to profit for the year ending 29 January 2022 (FY21), as the group’s operating…
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