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Owner of Sports Direct chain says consumer confidence ‘very subdued’ with sales at sports division down 5.8%The owner of Sports Direct and Flannels has said sales have fallen at its UK retail businesses amid heavy discounting by rivals and “very subdue…
Ministers accept watchdog’s recommendations on how to help people avoid spending more on formula than neededThe government has agreed to implement a plan intended to reduce the cost of buying baby formula, Keir Starmer has said.The announcement comes a…
The wholesale giant claims the White House misused emergency authority and warns importers could lose refunds even if duties are ruled unlawfulCostco is suing the Trump administration over its tariffs, arguing that the White House has exceeded its exec…
Discounts started earlier than usual as competition for customers hit ‘fever pitch’, says British Retail ConsortiumCompetition between retailers seeking to entice customers with early Black Friday deals led to a slowdown in shop price rises during Nove…
Senior figure allegedly referred to customers buying ‘highly processed food’ and denigrated Indian employeesBusiness live – latest updatesCampbell’s has dismissed an executive who allegedly referred to the soup company’s products as being made for “poo…
Incentive scheme for CEO of fashion group, which also includes Boohoo, comes as sales slump 23%The boss of Boohoo and Debenhams could collect almost £150m in shares if he significantly boosts the value of the struggling fashion group, which is battling…
Sainsbury’s chief executive says ‘industry concerns have been heard’, although others outside retail industry are left frustrated by changesRetailers have breathed a sigh of relief after changes to their business rates bills in the budget were not as b…
Consumers advised to be sceptical about sales season discounts as AI makes it even harder to detect scamsGet our breaking news email, free app or daily news podcastSo-called “ghost store” operators are taking advantage of Christmas and Black Friday to …
Interim chair of group, which is still looking for a CEO, says chain must ‘return to our retailing roots’The boss of Pets at Home has said “urgent and necessary” action needs to be taken as the ailing retailer reported that its half-year profits slumpe…
Regulator assessing whether firm breached UK disclosure rules for listed companies, but is yet to launch formal investigationBusiness live – latest updatesThe City watchdog has contacted WH Smith to find out more about its accounting error that wiped a…