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Retail

  • Morrisons turnaround gathers pace as supermarkets posts best sales quarter in nine years

    September 13, 2018

    Morrisons continued its turnaround as sales at the country's fourth largest supermarket soared in its best quarter for nine years. The figures The group's like-for-like sales were up 6.3 per cent in the second quarter. Revenue for the first half of the year was also up 4.5 per cent to £8.8bn compared with the same [...]

  • Morrisons turnaround gathers pace as supermarkets posts best sales quarter in nine years

    September 13, 2018

    Morrisons continued its turnaround as sales at the country's fourth largest supermarket soared in its best quarter for nine years. The figures The group's like-for-like sales were up 6.3 per cent in the second quarter. Revenue for the first half of the year was also up 4.5 per cent to £8.8bn compared with the same [...]

  • Debenhams share price falls as House of Fraser merger talk is dampened

    September 13, 2018

    Shares in Debenhams fell by five per cent this morning, wiping out most of the gains made yesterday amid speculation that Sports Direct could merge the struggling retailer with House of Fraser. Read more: Sports Direct board 'mulled Debenhams and House of Fraser merger' The comments were made by an outgoing board member at the [...]

  • Debenhams share price falls as House of Fraser merger talk is dampened

    September 13, 2018

    Shares in Debenhams fell by five per cent this morning, wiping out most of the gains made yesterday amid speculation that Sports Direct could merge the struggling retailer with House of Fraser. Read more: Sports Direct board 'mulled Debenhams and House of Fraser merger' The comments were made by an outgoing board member at the [...]

  • Brexit secretary Dominic Raab clashes with John Lewis as profits tumble 99 per cent

    September 13, 2018

    Brexit secretary Dominic Raab has clashed with John Lewis after its chairman Charlie Mayfield suggested the store’s 99 per cent plunge in profits was partly due to Brexit. Profits at John Lewis plummeted to just £1.2m in the first half of this year amid what Mayfield called “challenging times” for retail. He also warned that [...]

  • Brexit secretary Dominic Raab clashes with John Lewis as profits tumble 99 per cent

    September 13, 2018

    Brexit secretary Dominic Raab has clashed with John Lewis after its chairman Charlie Mayfield suggested the store’s 99 per cent plunge in profits was partly due to Brexit. Profits at John Lewis plummeted to just £1.2m in the first half of this year amid what Mayfield called “challenging times” for retail. He also warned that [...]

  • Mike Ashley must end the Sports Direct clowning if he is to be the high street’s hero

    September 13, 2018

    Emptying his pockets of wads of £50 notes at a security check, telling a select committee about vomiting in a fireplace at board meetings – Sports Direct boss Mike Ashley is clearly not afraid of theatre. Against type, he has now chosen to play the part of white knight of the high street, but yesterday’s [...]

  • Mike Ashley must end the Sports Direct clowning if he is to be the high street’s hero

    September 13, 2018

    Emptying his pockets of wads of £50 notes at a security check, telling a select committee about vomiting in a fireplace at board meetings – Sports Direct boss Mike Ashley is clearly not afraid of theatre. Against type, he has now chosen to play the part of white knight of the high street, but yesterday’s [...]

  • Spirits in the sky: JD Wetherspoon axes Jägermeister and French brandy in post-Brexit plan

    September 12, 2018

    JD Wetherspoon is ditching European spirits such as Jägermeister for non-EU equivalents in a bid to lower prices across its 880 UK pubs. Replacing the ousted continental brands, which also include French brandies Courvoisier VS and Hennessy Fine de Cognac, will be US drink E&J Brandy, Australia’s Black Bottle and Strika, a herbal liqueur produced [...]

  • Spirits in the sky: JD Wetherspoon axes Jägermeister and French brandy in post-Brexit plan

    September 12, 2018

    JD Wetherspoon is ditching European spirits such as Jägermeister for non-EU equivalents in a bid to lower prices across its 880 UK pubs. Replacing the ousted continental brands, which also include French brandies Courvoisier VS and Hennessy Fine de Cognac, will be US drink E&J Brandy, Australia’s Black Bottle and Strika, a herbal liqueur produced [...]

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