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Primark owner warns ‘trading was challenging’ for November

Primark owner, Associated British Foods has warned that trading for November was “challenging” for the clothing retailer. The group’s chairman,…

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Victoria’s Secret plans 20 store closures

Victoria’s Secret has announced plans to close 20 stores, the retailer has already closed six North American stores and has…

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Former Amazon finance VP returns to Asda as CFO

Asda has appointed Rob McWilliam as chief financial officer (CFO), replacing Alex Russo as he leaves the business to take…

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Carpetright secures 92% of £60m CVA funds

Embattled retailer Carpetright has managed to secure the majority of the £60m funding it needs to fund its company voluntary…

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H&M and Kering named among world’s most sustainable corporations

H&M and Kering are the only fashion retailers to be named in an annual ranking of the world’s most sustainable…

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Lidl Unveil plans for its largest UK warehouse

Lidl has announced plans to build its largest warehouse yet, creating up to 1,000 new jobs. The supermarket has exchanged…

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Walgreens Boots Alliance quarterly profit drops 22%

Walgreens Boots Alliance has posted a 22% drop in quarterly profit in the wake of the sale of some of…

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Poundstretcher fined £1m for Health & Safety Breaches

Poundstretcher has been fined £1m for violating health and safety regulations at three of its stores. Following three separate investigations,…

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Aldi sales reach £10bn after record December

Aldi has reported a record December with UK year-on-year UK sales increasing by more than 15% during the festive season.…

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Debenhams shares plunge 20% amid profit warning

Debenhams’ share price has lost a fifth of its value as the retailer warned full year earnings could fall to…

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