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News
Asda donates ยฃ1m to Ukraine and axes Russian products from shelf
Asda and its charity, the Asda Foundation, has announced it is providing immediate support for displaced Ukrainian families in Europe…
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News
M&S suspends shipments to Russian businesses
Marks and Spencer (M&S) has revealed it has suspended shipments to its Turkish franchiseeโs Russian business.ย The announcement comes amid…
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DIY
IKEA pauses operations in Russia and Belarus
Ikea has announced its company groups, Inter Ikea Group and Ingka Group, have decided to temporarily pause Ikea operations in…
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Online & Digital
The Very Group announces partnership to transform ecommerce platform
The Very Group has announced plans to transform the technology behind its ecommerce platform through a new partnership with commercetools,…
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Clothing & Shoes
Victoriaโs Secret lowers FY22 forecast despite 25% sales surge
Victoriaโs Secret and Co. has lowered its Q1 FY22 operating income forecast to be in the range of $80m (ยฃ59.78m)…
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Economy
Retail is the UK’s fastest growing sector, Companies House data reveals
A total of 119,948 new retail businesses were founded in 2021, with 46,972 of the businesses comprising online e-commerce start-ups…
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Supermarkets
Sainsburyโs to axe 200 cafes amid new eat-in offering
Sainsburyโs has announced plans to close 200 of its cafes in the spring this year amid new plans to transform…
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Clothing & Shoes
Asos extends partnership with Microsoft
Asos has signed a new cloud agreement with Microsoft that will see the business continue to use the Microsoft Cloud…
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DIY
Travis Perkins profits spike 175%
Travis Perkins plc has revealed its adjusted operating profits surged 175.8% for the year ending 31 December 2021 (FY21), rising…
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Supermarkets
McCollโs confirms talks with banks as it fights insolvency
McCollโs Retail Group plc is reportedly trying to secure new funding to prevent its collapse, with millions of pounds of…
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