Asda has endured a challenging festive season, with the supermarket’s market share reaching a fresh low during December. The retailer experienced its twenty-second consecutive month of decline, signalling persistent difficulties
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British retailers face mounting pressure as Boxing Day sales projections indicate a substantial contraction to £3.6 billion, representing a decline of approximately £1 billion compared to the previous year. The
Hedge funds have established substantial short positions against several major British retailers as the sector approaches its crucial post-Christmas trading updates, signalling significant market scepticism about festive season performance. Retail
The arrival of the annual John Lewis Christmas advert, a staple of the British festive calendar, usually signals the start of a robust retail season driven by both sentiment and
Grocery price inflation in the United Kingdom eased to 4.7 per cent in the four weeks to 2 November, marking a decline from 5.2 per cent reported the month before
The UK’s third-largest supermarket chain, Asda, has reported a devastating pre-tax loss of £599 million for the year ending 31 December 2024, marking a dramatic shift from its £180 million
Leading automotive and cycling retailer Halfords has plunged into the red, reporting a statutory pre-tax loss of £30 million for the 52-week period ending 28 March. The significant downturn stems
The chief executive of WH Smith has suggested that Donald Trump’s tariff disputes could potentially lead to price reductions rather than inflation for UK retailers, as East Asian suppliers actively
British discount retailer B&M European Value Retail has witnessed contrasting performance across its markets, with UK sales declining while French operations showed resilience in the latest trading period. The retailer
Online fashion retailer Boohoo is to undergo a significant transformation as it rebrands itself as the Debenhams Group. Under the leadership of new chief executive Dan Finley, the company aims
More than 80 prominent business leaders have intensified their campaign for immediate reform of the antiquated business rates system, warning the Treasury that swift action is essential to preserve Britain’s
