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Shoppers picking up supermarkets’ own-label ranges as grocery price inflation jumps to 5.2% in JulyBusiness live – latest updatesConsumers are expected to switch to cooking simpler meals at home to save money, as rising food prices threaten to add near…
Michael McGrath awaits results of secret shopper investigation amid crackdown on Chinese retail platformsThe EU justice commissioner has expressed shock at the toxicity and dangers of some goods being sold by Shein and Temu, amid a crackdown on the pop…
Music fans snap up wellies, scarves and light jackets, with shares rising 4% on back of better-than-expected performanceShoppers snapping up Burberry wellies, scarves and light jackets to wear at music festivals have helped the fashion brand to its bes…
Sparks benefits make a comeback as retailer starts to recover from the assault on its IT systems over EasterMarks & Spencer is restarting its Sparks loyalty scheme benefits for shoppers and offering a brief “thank you” discount to staff as it moves…
Pre-tax profits fall 24% despite rise in Sports Direct sales, driven by closures of House of Fraser and Game storesBusiness live – latest updatesA “challenging” luxury market and retreat from gaming have prompted a fall in sales and profits at Mike Ash…
CEO Shirine Khoury-Haq says hackers stole contact details of all members but not financial data such as card numbers The chief executive of the Co-op has apologised to its customers after admitting that all 6.5 million of the mutual’s members had their…
Retail body says sales up by 3.1% year on year in June after drop in May, but Barclays finds shoppers are cautiousRetail sales in the UK recovered in June as hot weather drove spending on electric fans, sports and leisure equipment, but households rema…
Lead brand of French luxury group LVMH reassures customers financial data such as bank details were not takenLouis Vuitton has said the data of some UK customers has been stolen, as it became the latest retailer targeted by cyber hackers.The retailer, …
Business rates cuts not enough as people in poorer areas simply ‘don’t have money to spend’, says Centre for CitiesAs much as £5bn is needed to revive ailing UK town and city centres, with areas including Bradford in Yorkshire, Newport in south Wales, …
Archie Norman tells MPs companies should be legally required to report major hacksBusiness live – latest updatesUK businesses should be legally required to report major cyber-attacks, the boss of Marks & Spencer has suggested as he claimed two hack…