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Chief executive says chain has invested heavily in security and assaults have rise by a third in a year Tesco’s chief executive has called for a change in the law to make abuse or violence towards retail workers an offence across the UK.Writing in the …
High street chain links up with Reiss family to buy 34% shareholding from private equity firm Warburg PincusThe high street chain Next has increased its stake in Reiss to 72% in a deal that values the fashion retailer at almost £400m.Next – which alrea…
Sales growth below hopes but co-founder Julian Dunkerton says fashion retailer is in ‘sound health’Superdry has swung to a near £150m loss and said it expected sluggish sales this year as the cost of living crisis hindered recovery plans at the struggl…
Michael Gove last month refused permission to demolish and redevelop store near Marble Arch in LondonBusiness live – latest updatesMarks & Spencer has launched a legal challenge against a government decision to block its plans to demolish and redev…
Employee, who was stuck in walk-in freezer for more than two hours, was treated in hospital for hypothermiaPret a Manger has been fined £800,000 after an employee was trapped in one of its freezers for more than two hours, where she tried to use croiss…
Fashion retailer expects to report figures by end of this week after missing 29 August deadlineSuperdry has suspended trading in its shares as the British brand’s auditors finalise their review of its accounts.The fashion retailer said it expected to p…
Restructuring specialist M2 makes potential offer alongside HMV owner Doug PutmanAnalysis: What went wrong at Wilko?Plans for redundancies and store closures at Wilko have been put on hold as administrators consider two potential last-ditch rescue bids…
Last-minute white knight bid worth £90m from M2 Capital follows earlier offer from owner of HMVWilko’s administrators are facing pressure to accept a rescue deal for the ailing budget retailer after a second last-minute white knight bid worth £90m emer…
Price of more than 30 different kinds of period underwear to be lowered at stores from next week John Lewis and Waitrose are cutting the price of their period underwear by a fifth, becoming the latest retailer to join the effort to make reusable period…
Administrators have duty to put creditors’ interests over those of employees – and for creditors, liquidation may be the best optionHopes for a rescue of Wilko were boosted on Friday as the Canadian entrepreneur Doug Putman raised his bid for the budge…