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Concern for ‘anchor tenants’ as trade body warns that stores could put up prices or cut jobs to protect profitsUp to 400 large shops are at risk of closure with as many as 100,000 jobs at risk if the government goes ahead with plans to hit stores with …
Retailer’s owner has stake in Wagestream, which offers workers loans of up to £25,000An influential group of MPs has sought assurances that Asda is not “squeezing staff” to drive profit after it emerged they are being offered high-interest loans by Wag…
Partnership blames restructuring costs plus tax rises and new packaging rules but expects full-year profit to growThe owner of John Lewis and Waitrose has said its losses widened to £88m in the first half of this year, as it took a hit from restructuri…
Study claims Swiss firm provided Nazi concentration camp with anti-frostbite product used in deadly tests in early 1940sThe natural cosmetics company Weleda supplied a skin cream to the Dachau concentration camp that went on to be used for human testin…
Warm weather and interest rate cut lift sales in August, as food, drink and computers perform stronglyRecord warm weather and a Bank of England interest rate cut lifted retail sales in August, according to the latest survey, but retailers fear that spe…
Format to be tested in last quarter of year after chain’s value cut by a third amid ‘intense strains’ on hospitality industryPret a Manger is finally caving in to competition from supermarkets by launching meal deals, after the value of the chain was s…
Toblerone and Chocolate Orange also smaller this year after poor cocoa harvests in Africa raise cost of raw materialsTucking into a box of Quality Street or Celebrations is a Christmas tradition.But as this year’s supply arrives in British supermarkets…
Toblerone and Chocolate Orange also smaller this year after poor cocoa harvests in Africa raise cost of raw materialsTucking into a box of Quality Street or Celebrations is a Christmas tradition.But as this year’s supply arrives in British supermarkets…
Toblerone and Chocolate Orange also smaller this year after poor cocoa harvests in Africa raise cost of raw materialsTucking into a box of Quality Street or Celebrations is a Christmas tradition.But as this year’s supply arrives in British supermarkets…
Fast-fashion retailer rejects accusations as Fair Tax Foundation questions its tax arrangementsShein’s UK arm has been accused of transferring the “vast bulk of income” to its Singaporean parent in order to cut its British tax bill.The company, which h…