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Online & Digital
Alibaba revenues fail to meet analysts’ expectations
Alibaba has reported revenues of ¥180.24bn (£20bn) for the three months to June 30, an increase of 34% from the…
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Comment
Why the coming economic boom will be bigger than we think
The world has been turned upside down in the past 18 months, making predictions a tougher game than ever. Economists…
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Department Stores
Mike Ashley’s Frasers Group pens letter urging MPs for Debenhams probe
Mike Ashley’s Frasers Group has reportedly sent a letter to parliament urging them to launch an independent investigation into Debenhams’…
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Supermarkets
Morrisons’ largest shareholder ‘not inclined’ to back £6.3bn Fortress offer
Morrison’s largest shareholder Silcherster has said it is “not inclined” to support the £6.3bn takeover that has been accepted by…
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Coronavirus
Footfall rises 3.3% but ‘pingdemic’ slows growth
Footfall across UK retail destinations rose by 3.3% last week from the week before, however the hot weather and cautiousness…
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Department Stores
Selfridges up for sale as Weston family begins £4bn auction process
The Weston family, the owner of Selfridges, has reportedly started a formal auction process to find a buyer for the…
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Coronavirus
Retail shop staff not included on self-isolation exemption list
Retail shop workers have not been included as one of the 16 key sectors on the government’s list allowed to…
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Coronavirus
Gov to announce list of workers exempt from isolation
Business secretary Kwasi Kwarteng has revealed that the government is set to announce the list of Uk workers who will…
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Supermarkets
CD&R considering second Morrisons bid
American private equity firm Clayton Dubliner and Rice (CD&R) is reportedly considering making a second bid for UK supermarket chain…
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Supermarkets
Apollo pulls out of solo Morrisons bid
Apollo Asset Management has revealed it will no longer push ahead with a solo takeover offer for UK supermarket Morrisons,…
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