Retail

Tesco will drop the blue-and-yellow logo it uses to promote its Clubcard program. This rebrand could cost Tesco almost £8m after it lost an appeal over a ruling it copied a Lidl design. Legal experts say Lidl has the right to sue for…

As the cost of theft increases, retailers are beginning to question the use of unmanned scanning devices. One shoplifting technique has become so popular that staff members have named it. The "banana tricks" involves putting a product…

Costa Coffee, Starbucks, and Pret a Manger are the three biggest players in the British ready-to drink coffee market. But there's another company that wants to provide caffeine on the move. Nespresso is the coffee capsules brand that…

Saudi Arabia, Gucci and Kering-owned Gucci are said to be in a race for Selfridges after the bankruptcy of the department store co-owner triggered a battle over the business. According to sources in the City, both Saudi Arabia's Public…

John Lewis Partnership bosses have denied that they plan to separate their struggling department stores and Waitrose supermarkets. They have also ruled out the possibility of selling a share in the company to raise money. The industry…

Adidas has blamed an overstocked market for its warning that sales in North America will decline this year. The German sportswear company continues to sell trainers from the axed Yeezy collection, despite having announced in October 2022…

Morrisons suffered a £1bn (£1bn) loss in the last financial year due to an increase in interest payments on debts incurred as a result of its private equity acquisition. As finance costs increased, the supermarket chain, acquired by…

Superdry has been in discussions with an existing lender about a multi-million pound loan, as the fashion retailer struggles for a turnaround. The London-listed company said that it is in talks with Hilco, a turnaround specialist, about…

Rene Benko, the self-styled tycoon of Selfridges and Signa, has filed for bankruptcy following the collapse of his real estate empire. In the most recent chapter of Mr Benko’s fall,, the embattled entrepreneur filed for personal…

The UK division of fast-fashion firm Shein failed to disclose the ultimate owner, which is a violation of company law and could affect the firm's planned plans to list in the UK. The UK law requires companies to declare the ultimate…

Greggs' steak bakes and sausage rolls are still popular in Britain, even after Greggs dethroned McDonald's as the most popular breakfast place. Roisin Currie said that Greggs' breakfast deal, which costs about£2.75 per breakfast roll…

The Body Shop administrators are closing dozens stores, despite the fact that they were profitable. The Body Shop collapsed dramatically last month, just weeks after being acquired by private equity firm Aurelius. FRP administrators have…

Former UK Olympian Robert Lemieux, and his wife, are excited for a big payday when the equestrian products retailer they founded almost two decades ago is sold for more than £150million. According to sources in the City, the shareholders…

Major banks have demanded a crackdown against Apple, claiming that the tech giant has access to the transactions of millions of iPhone users. This will give Apple an unfair advantage in its push into financial services. The Financial…

Mike Ashley's Frasers Group bought out the administration of online bicycle retailer Wiggle as the retail giant continued to capitalize on the distress coursing throughout the industry. Frasers, owner of Sports Direct has reached an…

Ocado, amid a growing dispute over performance, has threatened to sue Marks & Spencer for a payment of multi-million pounds made as part of their online grocery partnership. Ocado Retail, the joint venture between M&S and Ocado…

The goal of role reductions is to create cash that can be spent on luring customers back from competitors. Sainsbury's plans to reduce costs by £1bn will see 1,500 jobs cut. The supermarket chain will simplify its operations by…

The first drop in food prices since September has occurred this month, providing further evidence that inflationary pressures will continue to ease throughout the year. According to NielsenIQ and the British Retail Consortium's latest…