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News-In-Brief
Today’s news in brief-24/3/25
Harrods is nearing the finalisation of compensation payments for victims of sexual abuse by its former owner, Mohamed al Fayed,…
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Online & Digital
Frasers ups Asos stake amid takeover rumours
Frasers has raised its shareholding in online fashion retailer Asos to 25.13%, up from 24.21%, making it the second largest…
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News-In-Brief
Today’s news in brief-21/3/25
In The Style has been rescued from administration through a pre-pack sale to Alps Sourcing Limited, saving 87 jobs. The…
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Online & Digital
Asos ups profit outlook amid strong margin gains
Asos has raised its profit outlook for the first half of the year despite its ongoing struggles with volume deleverage.…
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News-In-Brief
Today’s news in brief-20/3/25
The UK retail sector has faced significant challenges over the past five years, with a quarter of a million jobs…
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DIY
Wickes profits fall amid decreased consumer demand
Wickes has revealed that its adjusted profit-before-tax fell to £43.6m, down from £52m, for the full year ended 28 December…
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News-In-Brief
Today’s news in brief-18/3/25
Forever 21 has filed for bankruptcy protection in the US for the second time, following a previous filing in 2019.…
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Supermarkets
Tesco announces £180m investment in staff pay
Tesco has reached an agreement with trade union USDAW that will increase the hourly pay rate for staff in stores,…
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Features
Are salary increases the only way to keep retail staff happy?
In the past few weeks a number of retailers including B&Q and Currys have announced that they will be increasing…
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Features
How will the pedestrianisation of Oxford Street benefit retail in the UK?
In the last few months, London Mayor Sadiq Khan announced that the city will be pushing ahead with long-discussed plans…
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