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Supermarkets
Morrisons EBITDA hits ยฃ970m
Morrisons has revealed that its EBITDA increased 6.5% to ยฃ970m, 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 ยฃ132m 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 ยฃ219.8m. 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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