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One marketplace firm says Amazon is only ‘delaying the pain’ of having to wait a week for their proceedsAmazon has partially relented following a row about new rules affecting thousands of marketplace sellers and is now releasing some of their sale pro…
Sellers of timepieces with rainbow colours face same punishment as country says they could ‘harm morals’Owners or sellers of rainbow-coloured timepieces made by the Swiss watchmaker Swatch face three years in prison in Malaysia, the interior ministry h…
Dozens of stores expected to close after UK budget retailer fails to find new funding, putting 12,000 jobs at riskWilko shoppers: tell us what you like most about the storeThe troubled budget retailer Wilko has called administrators, putting more than …
Campaigners say absorbent alternative to tampons and sanitary towels should not be classed as garmentsMPs, retailers and charities have written to the government urging it to axe the 20% VAT on period pants, the absorbent underwear designed to be worn …
Firm says profitability suffered due to post-pandemic inflation and Ukraine warNomad Foods, the owner of Birds Eye, Findus and Goodfella’s pizzas, has seen a sharp rise in sales after it increased prices by 18%, amid political scrutiny over food pricin…
Budget retailer and adviser PwC have until Monday to find new fundingThe troubled budget retailer Wilko has stopped offering home deliveries for orders on its website as it holds last-ditch talks on a potential rescue deal.The household and garden prod…
Marketplace sellers in UK and rest of Europe say having to wait over a week means they will struggle to pay staff and loansAmazon has told thousands of marketplace sellers in the UK and continental Europe it will hold on to sale proceeds for more than …
British Retail Consortium and KPMG report shows steep annual drop in volume of sales and a rise in promotional offersBritain’s hard-pressed retailers are being forced to slash their prices to drum up business after dismal summer weather and ever-higher…
Analysts partly blame too many large stores selling low-profit goods on dearer high street locationsWhen Woolworths went bust 14 years ago, many of its former stores were filled by cut-price chain Wilko, offering shoppers many of the same products. Bu…
Stores saw unseasonal spending pattern as rain-soaked July shoppers plumped for winter comfort foodSummer is traditionally the time of year for barbecuing, eating ice-cream and drinking sundowners but after a rain-soaked July, weary Britons are taking …