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Online marketplace paid just $18m in corporation tax, leading campaigners to call for government action The Chinese online marketplace Temu’s EU operations more than doubled pre-tax profits last year to just below $120m (£90m) despite employing just ei…
Authorities investigate site after shrimp exported to the US found to contain hazardous isotope Caesium-137A large industrial zone on the outskirts of Jakarta, Indonesia, is grappling with radioactive contamination after a government taskforce found tr…
Films of old favourites help lift toy sales 8% this year, with 2026 Masters of the Universe movie tipped for similarA wave of “newstalgia” has fuelled a step up in growth of UK toy sales, with the muscle-bound 80s hero He-Man the latest retro name tipp…
A petition to ban the brand has passed 270,000 names but French shoppers have not been immune to its inexorable riseA couple of hours before Shein opened a pop‑up shop in Dijon this summer, the words “Shein kills” and “exploitation, forced labour, slav…
Retailer manages to up full-year profit expectations by £100m after luring shoppers with price cuts over summerBusiness live – latest updatesTesco has warned of an intensifying price battle in the run-up to Christmas amid “pressure on household budgets…
Bakery chain hit by sales growth slowdown as July heatwave led to shoppers shunning hot pastriesThe bakery chain Greggs is increasing the price of its breakfast deals by 20p and some other products by 5p from Thursday after unusually hot weather hit sa…
Losses narrow to nearly £16m for 48 weeks to 4 January 2025 but group has not made pre-tax profit since 2019Selfridges has blamed a slump in the number of international tourists shopping for luxury goods in the UK and weaker consumer confidence for a f…
All workers must cover at least one of 26, 27 or 28 December in cost-cutting move condemned as a ‘slap in the face’Many Marks & Spencer staff will be expected to work on Boxing Day for the first time in five years as the retailer has ditched its of…
BRC says households are finding shopping increasingly expensive after annual shop price inflation rises to 1.4%Retailers have told the government that tax rises could further fuel inflation as the pace of shop price rises stepped up in September with i…
Modella Capital warns of ‘inevitable’ closures and job losses at accessories chain while administrators will run remaining storesBusiness live – latest updatesThe private equity firm which owns Hobbycraft has signed a deal to rescue half of the UK and …