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News
Today’s news in brief-2/11/23
Sainsburyโs announced that it expects to hit the upper half of its full year guidance of between ยฃ670m and ยฃ700m…
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Supermarkets
Sainsburyโs set to hit upper half of guidance despite PBT drop
Sainsburyโs has announced that it expects to hit the upper half of its full year guidance of between ยฃ670m and…
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News
Today’s news in brief-1/11/23
Asda has successfully finalised its acquisition of EG Group’s UK business, a deal valued at a substantial ยฃ2bn. This strategic…
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Online & Digital
Asos posts ยฃ296.7m loss before tax in FY23
Asos has announced a statutory loss-before-tax of ยฃ296.7m for the year ended 3 September 2023 down from a loss before…
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News
Today’s news in brief-31/10/23
The British Retail Consortium reports a drop in shop price inflation to 5.2% in October, down from 6.2% in September,…
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Economy
Shop price inflation reaches lowest point since August 2022
Shop price annual inflation has dropped to 5.2% in October, down from 6.2% in September, reaching its lowest point since…
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News
Today’s news in brief-30/10/23
Shein has acquired the Missguided brand from Frasers Group. This move will make Missguided products and collections available to Shein’s…
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Health & Beauty
Aurelius enters exclusive talks to acquire The Body Shop
Aurelius Group has entered into exclusive talks to acquire The Body Shop from Natura and Co, according to reports from…
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News
Today’s news in brief-27/10/23
Tesco has appointed Matthew Barnes as the new UK CEO, effective March 2024, succeeding Jason Tarry, who will step down…
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Online & Digital
Amazon Q3 net sales rise 13% to $143.1bn
Amazon has revealed that its net sales rose 13% to $143.1bn (ยฃ118bn) for the three months ended 30 September 2023,…
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