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Supermarkets
Asda profits fall 24% to £886m amid attempts to mitigate inflation
Asda has revealed its full-year profits declined 24% to £886m during the 52-week period ending 31 December due to its…
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Property
Aviva acquires Southampton retail park
Aviva Investors, the global asset manager of Aviva plc, has revealed it has acquired the Hedge End Retail Park in…
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Supermarkets
Supermarket sales up 8.6% as grocery inflation hits 17.5%
Take-home grocery sales increased 8.6% over the most recent 12 week-period as grocery price inflation reached record levels. According to…
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Health & Beauty
Superdrug opens its largest Scottish store in Braehead
Superdrug has opened its biggest store in Scotland – located in Braehead Shopping Centre. Superdrug said the 9,324sq ft store…
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News
Asos to expand Face and Body offering by over 200 products
Asos has revealed it is set to expand its Face and Body category offerings as it hailed a surge in…
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Economy
BoE raises interest rates to 4.25%
The Bank of England (BoE) has announced that interest rates will be raised by 0.25% to 4.25%, the highest rate…
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Clothing & Shoes
Superdry offloads Asia Pacific IP assets in £40m deal
Superdry has announced it has agreed to sell its intellectual property assets in the Asia Pacific region to Cowell Fashion…
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Economy
Inflation unexpectedly jumps to 10.4% amid rising food prices
The UK inflation rate unexpectedly increased to 10.4% in February driven by increased drink and food prices which reached their…
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Advice
EPR for Packaging – are you covered?
In a nutshell, extended producer responsibility (EPR) for packaging makes producers responsible for the cost of collecting, sorting and recycling…
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DIY
Screwfix acquires assets of Connect Distribution Services Limited
Screwfix, the omnichannel trade retailer and part of Kingfisher plc, has announced it has acquired the stock, intellectual property, contracts…
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