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UK retail industry

  • Tuesday, 18 June, 2024
    John Lewis Partnership PLC
    John Lewis and Waitrose blame shoplifting surge on ‘greed not need’

    Retail group introduces tactics to tackle industry-wide record levels of theft and staff abuse

    People shop at Waitrose
  • Friday, 14 June, 2024
    Tesco PLC
    Tesco boss says he is ‘well paid’ as investors back £10mn package

    Shareholder vote on Ken Murphy’s pay comes as executive remuneration is in the spotlight

    Tesco chief executive Ken Murphy
  • Friday, 14 June, 2024
    Superdry PLC
    Superdry shareholders back £10mn lifeline to stave off insolvency

    Struggling retailer says approval is ‘crucial step’ for its survival

    A woman walks past a window display at a Superdry store in London
  • Wednesday, 12 June, 2024
    Laura Onita
    Waitrose readies for change

    Jason Tarry to become chair of parent John Lewis just as retailer starts to turnaround after a torrid time

    An employee stacks shelves at a Waitrose supermarket
  • Saturday, 8 June, 2024
    UK agriculture
    Scarcity of organic cows puts pressure on UK milk supplies, warn experts

    Consumer demand for more expensive milk returns as cost of living pressures ease

    An organic dairy herd of cows on a farm in Wiltshire
  • Friday, 7 June, 2024
    Asda Group
    TDR to acquire majority stake in Asda as Issa brothers split empire

    Move will see Zuber exit supermarket chain and take step back from EG Group

    The exterior of an Asda superstore on London’s Old Kent Road
  • Thursday, 6 June, 2024
    Nail salons and takeaways replace banks on high streets

    Data highlights shift towards ‘experience-based’ leisure in town and city centres in England and Wales since 2010

    Bury New Road in Greater Manchester with a takeaway and a barber’s among the shops
  • Monday, 3 June, 2024
    Marks & Spencer Group PLC
    M&S chief awarded £4.7mn pay package amid retailer’s turnaround

    Stuart Machin has received far larger award than his predecessors

    Clothing on mannequins at an M&S store in Cornwall
  • Friday, 24 May, 2024
    UK retail sales
    British retail sales fall in April as rain deters shoppers

    Volume drops 2.3% compared with forecast of 0.4% decline

    A pedestrian holding an umbrella walks past a Marks & Spencer store near Marble Arch on Oxford Street in London on a rainy day
  • Thursday, 23 May, 2024
    Competition & Markets Authority
    UK competition regulator launches vet sector probe

    CMA concerned pet owners lack information and pay high charges in market worth £5bn a year

    A cat is removed from a cage at an animal rehabilitation centre
  • Wednesday, 22 May, 2024
    LexMarks & Spencer Group PLC
    Why this M&S turnaround should finally stick

    A new stores format and better supply chain have helped the retailer achieve consistent sales growth

    Person carries an M&S branded bag
  • Wednesday, 22 May, 2024
    Marks & Spencer Group PLC
    Marks and Spencer chief hails ‘beginnings of a new M&S’ as profits soar

    Retailer pays first dividend since 2019 as turnaround pays off with revival in food and clothing divisions

    A window display at a Marks and Spencer store in London with a pedestrian pulling a suitcase in the foreground
  • Tuesday, 21 May, 2024
    UK Government
    Government tells Britons to stockpile as part of emergency planning

    As campaign urges households to stock up on tinned food and batteries, retailers warn against panic buying

    A customer selects an item from the shelf next to an empty section
  • Monday, 20 May, 2024
    UK supermarkets in talks about joining forces for Fairtrade products

    Bananas, coffee and cocoa could be collectively bought after competition watchdog indicated it would not challenge the scheme

    A woman picks bananas at a Morrisons supermarket in London
  • Monday, 13 May, 2024
    Asda Group
    Asda to create new ‘town centre’ and build 1,500 homes in London

    UK supermarket is latest retailer to push into residential property in deal with Barratt Developments

    A mixture of residential units and an Asda store
  • Monday, 13 May, 2024
    Nadhim Zahawi
    Conservative MP Nadhim Zahawi appointed chair of The Very Group

    Former UK chancellor to take up post at online retailer owned by Barclay family

    Nadhim Zahawi
  • Monday, 6 May, 2024
    UK economy
    Wet weather and early Easter damp UK spring sales

    Value of retail sales fell at an annual rate of 4% in April, after 3.5% growth in March

    Shoppers walking down Oxford Street in the rain
  • Friday, 3 May, 2024
    Frasers Group
    Mike Ashley’s Frasers drops €50mn lawsuit against Morgan Stanley

    Retailer had accused Wall Street bank of ‘snobbery’ over $1bn margin call

  • Monday, 29 April, 2024
    Ocado Group PLC
    Ocado shareholders revolt over CEO’s bonus share award of £14.8mn

    Tim Steiner will get the payout if grocery group’s share price significantly improves by 2027

    An Ocado delivery van
  • Monday, 29 April, 2024
    Cost of living crisis
    Britons avoid the pub as cost of living weighs on leisure spending

    Deloitte survey shows people opting to spend less money on social drinking than at any time since lockdown

    A London pub
  • Thursday, 25 April, 2024
    J Sainsbury PLC
    Sainsbury’s says customers ready to splurge as it targets higher profits

    Supermarket chain’s chief suggests shoppers are starting to ‘trade up’ as food price inflation eases

    A Sainsbury’s store in west London
  • Wednesday, 24 April, 2024
    Matchesfashion.com
    Prada and Burberry among Matchesfashion creditors owed £36mn

    Hundreds of suppliers to luxury ecommerce group likely to receive ‘less than a penny in the pound’

    Models wear creations part of the Prada women’s Fall-Winter 2024-25 collection presented at the MIlan’s Fashion Week in Milan
  • Tuesday, 23 April, 2024
    Associated British Foods PLC
    Primark owner’s profits soar as investments provide boost

    Associated British Foods says ‘normality’ in supply chains helps lift half-year earnings by 37%

    Shoppers carry Primark bags in Berlin
  • Tuesday, 23 April, 2024
    UK inflation
    UK grocery inflation falls to 30-month low

    Grocery price growth eases to 3.2% in four weeks to mid-April as retailers focus on special offers

    A customer shops at a Tesco in London
  • Monday, 22 April, 2024
    Asda Group
    Asda seeks to raise £2.6bn to refinance debt burden

    UK supermarket has carried heavy debt load since sale to billionaire Issa brothers and TDR Capital

    A shopper with an Asda grocery basket picking up milk at a chiller
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