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Supermarket chain’s sales drop 1% to £21.7bn despite food price inflation of 3% for most of 2024Business live – latest updatesAsda is to invest “a pretty significant war chest” in cutting prices and putting more staff on the shop floor as the supermark…
Cash reward at staff-owned group ruled out for third year in a row, with focus on £600m plans to transform businessBusiness live – latest updatesThe owner of John Lewis and Waitrose has tripled its annual profits but workers at the staff-owned retail g…
A similar number have also seen staff abused as shops say crime is spiralling out of control with 55,000 thefts a dayNearly a quarter of Britons have witnessed shoplifting in the past year and seen physical or verbal abuse of shop workers as criminals …
Toy company’s sales rose 13% last year, buoyed by Technic, City, Star Wars and Harry Potter-themed setsBusiness live – latest updatesThe boss of Lego has said the toymaker is developing digital games and tying up with more traditionally adult brands su…
Chief executive says sales figures are down by more than a fifth but its brands still carry ‘significant potential’Business live – latest updatesThe online fashion retailer Boohoo is to rename itself Debenhams, the department store brand it bought out …
Jewellery purchases linked to 14 February give lift to otherwise lacklustre month, British Retail Consortium saysAn increase in Valentine’s Day gift-buying brought relief for retailers last month amid February’s “grey days”, as consumers held back from…
Jewellery purchases linked to 14 February give lift to otherwise lacklustre month, British Retail Consortium saysAn increase in Valentine’s Day gift-buying brought relief for retailers last month amid February’s “grey days”, as consumers held back from…
Alteri and Modella Capital are the only two parties remaining in talks, according to Sky NewsThere are only two buyers left in the race to buy retailer WH Smith’s ailing high street division, according to a report.The retail group confirmed in January …
Sale of Walgreens Boots Alliance to Sycamore Partners will mean further uncertainty for staff of pharmacy chainBusiness live – latest updatesThe US owner of Boots is to be taken private in a $10bn (£7.8bn) deal that will mean further uncertainty for th…
Retailer had hoped to open more stores in Britain in coming year but will do so in Ireland and Belgium insteadHMV has put its UK expansion on hold and is to open stores in Ireland and Belgium instead, because of rising wage costs announced in last autu…