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Supermarkets
Morrisons EBITDA hits £970m
Morrisons has revealed that its EBITDA increased 6.5% to £970m, for the year ended 29 October 2023. Alongside this, the…
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News
Today’s news in brief-31/1/24
The Body Shop is set to sell parts of its business in Europe and Asia. The deal involves an agreement…
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Health & Beauty
The Body Shop to offload part of international businesses
The Body Shop is set to sell parts of its business in Europe and Asia under its new owners Aurelius,…
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News
Today’s news in brief- 30/1/24
Online marketplace Secret Sales has appointed Anthony Farrow as its new Chief Technology Officer. Farrow, with 23 years of experience…
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High Street
Pets at Home lowers guidance despite Q3 revenue jump
Pets at Home has lowered its underlying profit before tax guidance to around £132m despite the fact its group revenue…
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News
Today’s news in brief-29/1/24
The UK experienced a significant increase in business administrations, with the retail sector being the hardest hit, accounting for 19%…
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Supermarkets
Iceland boss backs Labour government
Richard Walker, managing director of Iceland and former Tory donor, has publicly backed Keir Starmer to be the next Prime…
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News
Today’s news in brief-26/1/24
Superdry reported a challenging trading environment with half-year revenues down 23.5% to £219.8m. The wholesale division faced a significant decline…
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Economy
Retail theft hits highest rate in 20 years
Data from the Office for National Statistics shows that there were over 400,000 incidents of shoplifting in the year to…
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News
Today’s news in brief-25/1/24
Halfords reported that its Q3 total revenues were up 1.6%, with a 2.0% increase on a like-for-like basis. However, December…
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