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Retail

  • Asda: Issa brother to step back and hire new chief executive

    March 1, 2024

    Mohsin Issa, one half of the billionaire family duo which owns Asda, has confirmed he is stepping back from the day to day running of the business. 

  • What’s going on between Ocado and Marks and Spencer?

    March 1, 2024

    Online grocer Ocado and retail giant M&S are currently embroiled in a dispute over a final payment related to their online food joint venture.

  • More misery for retail as footfall slips to lowest level since pandemic on wet weather and strikes

    March 1, 2024

    Unpredictable British weather has yet again been blamed for hurting trade on UK high streets.  According to a report by the British Retail Consortium (BRC), footfall recorded in February slumped to the lowest since the pandemic, falling 9.3 per cent against a 2.3 per cent decline the prior month. Some 23mm of rain fell across [...]

  • Sainsbury’s to cut 1,500 jobs and invest in automation to reduce costs by £1bn

    February 29, 2024

    Supermarket giant Sainsbury’s has said it plans to cut some 1,500 jobs as part of efforts to reduce costs by around £1bn per year.

  • What’s on in London in March 2024?

    February 29, 2024  |  City Talk

    Leading up to the clocks moving forward, London is in full swing this month. While the city thaws, you can look forward to the trees becoming fuller, the days soon being brighter and a plethora of city-bound events to immerse yourself in. London’s evergreen cultural scene never fails to entertain the varied cultures within the [...]

  • The Body Shop: Full list of stores to close as almost 500 jobs cut

    February 29, 2024

    The locations of The Body Shop stores which are to close following the brand's collapse into administration have been revealed.

  • ‘Many saw us as corporate and old-fashioned’: How Interflora is facing up to an ‘uncomfortable truth’

    February 29, 2024

    Interflora has unveiled its "boldest pivot" in its 100-year history in a bid to attract new younger customers.

  • Footasylum hails ‘record-breaking’ year as sales pass £300m

    February 29, 2024

    Footasylum has hailed a "record-breaking" year for the retailer which saw its sales pass the £300m mark.

  • Kitchen seller Howdens reports ‘encouraging’ trends amid year of expansion

    February 29, 2024

    The London headquartered firm said its group revenue of £2.3bn is "in line with last year's record performance," despite seeing a slight drop of 0.3 per cent.

  • Ocado: Surging tech solutions growth drives sales for Sparks-linked online grocer

    February 29, 2024

    Online grocery company Ocado has reported improved revenues driven by improvements in its retail and technology businesses.

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