Adidas has reduced its profit forecast for 2025 amidst signs of slowing growth, as the German sportswear giant navigates a challenging economic landscape. The company now expects operating profits to
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The Barclay family’s retail empire, The Very Group, has suffered another financial blow as its credit rating was pushed deeper into junk status by Fitch Ratings. The company, which carries
Greggs, Britain’s largest bakery chain, has seen its shares tumble by 11.5 per cent to a two-year low of £18.42, as the company reported a continued slowdown in sales growth.
The owner of Boots, one of the UK’s most recognisable high street chemists, is on the verge of being taken private in a deal valued at $10 billion. Walgreens Boots
WH Smith’s iconic high street presence, a staple of British towns for over two centuries, is nearing its end as the retailer prepares to sell its struggling high street business.
Britain’s discount retail sector faces mounting challenges as the cost-of-living crisis shows signs of easing, marking a significant shift in consumer behaviour that has rattled major players in the market.
Ocado Group has announced plans to cut more than 500 research and development positions globally as the company pivots towards artificial intelligence solutions amid mounting financial pressures. The FTSE 250
In a significant move that has sent ripples through the corporate world, Starbucks has revealed plans to lay off 1,100 corporate employees whilst closing hundreds of vacant positions. This restructuring
Polish parcel locker specialist InPost is set to disrupt the UK delivery market with an aggressive pricing strategy that directly challenges Royal Mail’s dominance. The company’s new customer-to-customer delivery service,
The once-unstoppable fast-fashion giant Shein finds its London flotation plans increasingly threatened by regulatory challenges and ethical scrutiny. The Singapore-based retailer, which revolutionised online fashion with its ultra-low-cost business model,
A significant uptick in retail sales volumes marked the start of 2025, with food shopping and post-Christmas discounts propelling a 1.7 per cent increase in January. The rise, which exceeded
Britain’s largest supermarket chain, Tesco, encountered significant technical difficulties with its online shopping platform on Wednesday, leading to widespread customer dissatisfaction and potential revenue losses during peak shopping hours. The
British consumer confidence has hit its lowest point in 11 months, plunging 40 points since the summer general election, according to the latest British Retail Consortium (BRC) survey. The monthly
The chair of Iceland Foods, Richard Walker, has awarded the Labour government a modest “six out of 10” for their performance thus far, following his strategic shift in political allegiance
The largest shareholder in Topps Tiles has launched a scathing criticism of the retailer after the Competition and Markets Authority (CMA) raised the possibility of an in-depth investigation into its
British supermarket giant Waitrose has announced a groundbreaking commitment to implement electrical stunning for all farmed prawns by the end of 2026, signalling a significant shift in the £570 million