Retail

Stuart Rose, former boss of Marks & Spencer and Topshop will take over Asda when the struggling supermarket's Co-Owner Mohsin Issa steps down from executive duties due to falling sales. Lord Rose, chair of asda will be leading the…

Tesco's chief executive said that it could use Clubcard data in order to alert shoppers when they purchase too many unhealthy products. The head of Britain's largest supermarket has said that he expects to use artificial intelligence to…

US consumer spending was unexpectedly high in August despite a slowdown on the labour market.The US Department of Commerce Census Bureau reported that retail sales rose by 0.1 percent after a 1.1 percent increase in July which was upwardly…

Kingfisher, the owner of B&Q, has increased its forecast for its lower end despite a weaker demand for high-ticket items. Its French business is also still struggling. As a result of signs that the housing market is improving in…

AllSaints has achieved another record-breaking year in terms of revenue and profit. The fashion retailer's sales and John Varvatos (its American subsidiary brand) rose by 0.6 percent to £459.5 in the 12 months ending February 3.…

Knoops raises £5 million through a deal valued at £34million. The chain of fast-growing chocolate drink cafes aims to open 5,000 outlets worldwide within the next decade. Since William Gordon-Harris first tried a Ugandan hot chocolate…

The best time to shop at TK Maxx begins as soon as it opens. The dozens of bargain hunters that had gathered at the retailer's Croydon branch in south London mid-morning on a recent weekday knew this. Families, students, and pensioners…

Fever-Tree's boss is committed to keeping Fever-Tree listed in London even though its share price has been falling and now the United States generates the largest portion of the company's revenue. Tim Warrillow launched the high-end…

John Lewis Partnership said that it was on track to grow profits "significantly" this year, after recovering the "buzz", and cutting losses while refocusing on its core business. The employee-owned partnership that owns the Waitrose…

Inditex has recovered from a slow summer start, resulting in a record-breaking profit for the first six months of the year. Zara's Spanish owner reported sales of £18.1 billion for the six-month period ending in July. This is up 7.2%…

Last month, households increased their grocery expenditures by stocking up on essentials for lunchboxes. Inflation in Great Britain's supermarkets dropped. Kantar, a retail analyst, says that the rate of inflation in grocery prices fell…

Mountain Warehouse is planning to open 50 new stores in the UK next year, despite fears that the high street will die. Outdoor clothing chain, The Outdoor Clothing Company, has announced a massive expansion of its physical stores in…

Discover Aidan Keegan's insights on the innovative franchise model of Cook's Coffee, their unique brand identity, and strategies for growth in the coffee industry.

In a significant shift for the British retail landscape, John Lewis has announced the reinstatement of its iconic "never knowingly undersold" price-match pledge. This move comes two years after the department store chain abandoned the…

The interconnectedness of the global shipping network has been thrust into the spotlight in recent years due to a series of supply chain shocks. From the pandemic-induced increase in goods spending to the Suez Canal blockage caused by the…

Mike Ashley's Frasers Group has taken a significant step towards its goal of becoming a leading global sports retailer by acquiring a 14.65 per cent stake in Accent, a prominent retail and distribution business operating in Australia and…

In a remarkable turnaround, Victoria Beckham's eponymous fashion and beauty business has witnessed a staggering 52% surge in sales, reaching an impressive £89 million in the past year. This substantial growth has led to a significant…

In a strategic move to capitalise on the resurgence of its clothing business, Marks & Spencer is considering the launch of standalone clothing boutiques. The British retailer plans to open a trial store in London's Battersea Power…