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Furniture retailer says cost-cutting has helped offset impact on its profitsThe sofa retailer DFS has warned the market has been “significantly worse than expected” as demand for big-ticket items has been hit by the cost of living crisis.It said the to…
Energy secretary backs voluntary price comparison scheme in meeting with supermarket bosses rather than new lawThe energy secretary, Grant Shapps, appears to have rowed back on plans for a law to force supermarkets to make fuel prices more transparent,…
Shopkeepers complain the number of thefts from stores is soaring. Is the cost of living crisis to blame or organised gangs?It could be laundry tablets, lipstick or even baby milk. According to shopkeepers in the UK the number of thefts is rising. The B…
As market moves from ‘inflation to deflation’, supermarket wants to get ahead of rivals Tesco is pushing for lower prices from grocery suppliers so it can pass them on to its shoppers, arguing that the tide is turning on inflation and it wants to be ab…
Retailers should be forced to display detailed price information on loyalty card deals, says consumer groupSupermarket food prices have increased by more than 25% over the past two years according to the consumer group Which?, with the size of the rise…
British brand’s sales jump by 18% year on year on back of post-Covid bounceback in ChinaBurberry has reported a sales surge of almost a fifth thanks to a bounceback in China, but the luxury British fashion brand has warned that London is losing out to …
Shoppers snap up barbecue food, swimwear, beach towels, outdoor games and garden furniture in June Britain’s retailers recorded a sharp rise in spending in June as hot weather prompted consumers to buy summer clothing and outdoor goods, despite growing…
Exclusive: Victoria Prentis’s shareholdings not disclosed in registers despite potential for conflicts of interestRevealed: shares held ‘in secret’ by scores of MPs raise questions about vested interestsWhich UK MPs own shares in publicly listed compan…
‘Porch piracy’ increase put down to people returning to offices and fallout from Royal Mail strikesOnline shoppers are being advised to opt for named-day delivery services, or consider collecting their package, in the wake of a surge in doorstep parcel…
Prediction comes despite consumers using more credit to offset cost of living crisisCurrys expects sales to continue to fall this year as households delay replacing TVs and laptops despite using credit to buy more energy-efficient appliances such as be…