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McColl’s profits down amid ‘softer market’ conditions

Convenience retailer McColl’s has reported a 1.8% decrease in revenues to £1.22bn, attributing store closures and “softer” market conditions to…

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Harrods security guards’ strike suspended after renewed talks

Strike action by security officers and CCTV operators at department store Harrods has been suspended following renewed talks with the…

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Barclays as Big Brother, storms batter insurance companies, Redcar steels itself for renewal

The TUC says Barclays’ surveillance of its employees is ‘dystopian’ after it was revealed the bank uses software to monitor…

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Beales to shutter 11 remaining stores

The administrators of Beales have announced the plans to close the department store chain’s remaining 11 stores and associated stock…

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M&S to shutter two distribution centres putting almost 700 jobs at risk

Marks and Spencer has announced plans to shutter two of its distribution centres in spring 2021, putting nearly 700 jobs…

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Retail footfall bounces back in January after quiet December

Footfall in non-food stores in the UK fell by just 0.5% year-on-year in January according to Ipsos Retail Performance’s latest…

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Inter Ikea appoints new CEO

Inter Ikea has announced that Torbjörn Lööf, who has been the company’s CEO for the past seven years, is to…

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Sainsbury’s Bank chairman departs after seven years

Roger Davis is to step down as chairman of Sainsbury’s Bank after nearly seven years in the role. Davis has…

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Retailers suffer ‘stuttering start’ to 2020

Retailers saw a slow start to the year as total sales increased by only 0.4% in January, against an increase…

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Waterstones revenues soar in full-year results

Book retailer Waterstones has reported a 33% rise in profit before tax for the year ended April 2019, despite “a…

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