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Retail sector could face £137m rates hike next year

September’s headline rate of inflation is set to cause more business rates increases in 2020, according to calculations from real…

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Tesco CEO Dave Lewis to step down next year

Tesco has announced its group CEO Dave Lewis is to step down from his role next year after five years…

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Next profits boosted by continued online growth in H1

Fashion retailer Next has recorded a 2.7% rise in profits for the 26 weeks to July 2019, aided by a…

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Retail business rates could rise by £169m over the next 12 months

Retailers could see a £169m increase in business rates next year, prompting renewed calls for the government to overhaul the…

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Next to replace Debenhams as Ted Baker childrenswear partner

Ted Baker has entered into a product licence agreement with Next to produce and sell its  childrenswear collections.  Under the…

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UK can avoid no-deal ‘Brexit chaos’, says Next CEO

Next CEO Simon Wolfson has said he believes that the UK will avoid “serious disruption” in the case of a…

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Next raises profit forecast after ‘better than anticipated’ Q2

Clothing and home retailer Next has increased its full-year profit by £10m to £725m +0.3% on last year. The increase…

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A possible antidote to next-day delivery?

If you’re a retailer, you’ll know all too well that deliveries go way deeper than simply making sure your products…

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Amazon partners with Next for click and collect service

Next and Amazon today announced Next’s participation in Amazon Counter – a new network of pick up points that allows…

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Next sees profits rise following ‘unusually warm’ weather

Next has announced a better than expected profit rise following “unusually warm weather” during the first quarter of 2019. The…

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