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UK retail industry

  • Wednesday, 11 December, 2024
    Boohoo.Com PLC
    Two shareholder advisers side with Boohoo in Mike Ashley row

    Glass Lewis and Institutional Shareholder Services advise against giving retail tycoon board role

    Mike Ashley
  • Monday, 9 December, 2024
    UK employment
    Demand for staff sinks to four-year low in UK

    Tax rises spread gloom over pre-Xmas jobs market, recruiters report in November

    Workers cross London Bridge
  • Sunday, 8 December, 2024
    Boohoo.Com PLC
    Mike Ashley urges Boohoo to avoid ‘fire sale’ of assets

    UK retail tycoon and shareholder continues to press for board role at struggling company

    Mike Ashley
  • Thursday, 5 December, 2024
    Marks & Spencer Group PLC
    M&S wins approval to demolish and redevelop flagship Oxford Street store

    Permission from housing secretary to knock down art deco building in central London caps lengthy battle by retailer

    Marks and Spencer’s store in Oxford Stree, London
  • Thursday, 5 December, 2024
    Frasers Group
    Mike Ashley’s Frasers blames ‘damaging’ Budget for profit warning

    Shares in UK retailer drop as it says consumer confidence has weakened and posts falling profits

    A shopper passes a Sports Direct store on Oxford Street in central London
  • Wednesday, 4 December, 2024
    Boohoo.Com PLC
    Police investigate Boohoo claims of stalking

    ICO aware of claims of surveillance equipment outside offices of fast-fashion retailer

    A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display
  • Monday, 25 November, 2024
    Kingfisher PLC
    Kingfisher shares tumble as retailer warns on sales drop and Budget hit

    Owner of DIY chain B&Q reports decline in quarterly sales and extra costs from Budget

    A customer with a shopping cart examines a display of Bosch power tools inside a B&Q retail store. The aisle is filled with various tools and accessories, with prominent signage displaying promotional offers.
  • Saturday, 23 November, 2024
    Asda Group
    Asda replaces chair Stuart Rose with former chief Allan Leighton

    Retail veteran will take over supermarket that has lost market share and struggled to overcome IT problems

    The entrance to an Asda supermarhet
  • Friday, 22 November, 2024
    UK economy
    UK business activity shrinks for first time in a year as confidence in Labour falls

    Many companies report worsening conditions following rise in employers’ national insurance contributions

    People walk past a clothing store window display in London
  • Friday, 22 November, 2024
    UK crime
    Sainsbury’s shoppers warned to watch out for Nectar points scam

    Fraudsters target customers who have built up a high points balance ahead of Christmas

    A Sainsbury’s customer uses a self checkout till
  • Thursday, 21 November, 2024
    JD Sports Fashion PLC
    JD Sports drops to 2-year low after weather and US election hurt demand

    UK sportswear retailer says profit will be at lower end of guidance due to ‘much softer’ market

    Outside JD Sports store on Oxford Street in London, England
  • Thursday, 21 November, 2024
    Boohoo.Com PLC
    Mike Ashley’s Frasers Group escalates row with Boohoo

    Executive shake-up at fashion retailer fails to quell disagreement

    Mahmud Kamani at a Boohoo fashion event in Hollywood, California. US
  • Tuesday, 19 November, 2024
    Mulberry Group PLC
    Handbag maker Mulberry plans to simplify business as losses widen

    Luxury brands are having to contend with a slowdown in spending

    A window display at a Mulberry boutique on Regent Street in London showcases a mannequin dressed in a stylish outfit with a leather bag
  • Tuesday, 19 November, 2024
    UK business
    UK retailers warn Reeves of £7bn hit from Budget changes

    Changes to national insurance, national living wage and an existing packaging levy set to raise costs in the sector

    A worker at Tesco loads shelves at a supermarket in London
  • Thursday, 14 November, 2024
    Burberry Group PLC
    Burberry jumps after chief vows to ‘act with urgency’ following loss

    Stock rises nearly 15% as luxury brand sets out plan to refocus on core products such as trench coats and scarves

    Models walk down the catwalk. They are dressed in stylish outerwear, featuring trench coats and garments with feather detailing.
  • Wednesday, 13 November, 2024
    Boohoo.Com PLC
    Boohoo urges investors to reject Mike Ashley’s demand to join its board

    Tycoon’s company Frasers is UK fast-fashion retailer’s largest shareholder and has accused it of mismanagement

    A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo
  • Wednesday, 13 November, 2024
    Homebase Ltd
    Homebase falls into administration putting 2,000 jobs at risk

    About 70 of DIY chain’s outlets sold to owner of homeware chain The Range

    Exterior of a Homebase store in Sevenoaks, Kent
  • Sunday, 10 November, 2024
    UK Autumn Budget 2024
    Hospitality bosses warn Reeves’ UK tax increases will lead to ‘drastic’ job cuts

    More than 200 sign letter to chancellor saying rises in national insurance contributions will cause business closures

    A bartender is pictured as she pulls a pint of Fuller’s London Pride beer in a pub next to the Fuller’s Griffin Brewery in Chiswick
  • Friday, 8 November, 2024
    Asda Group
    Asda boss Stuart Rose warns Budget threatens hiring and pay rises

    Retail veteran is latest business leader to criticise moves including changes to national insurance

    Child sits in supermarket trolley
  • Thursday, 7 November, 2024
    UK Autumn Budget 2024
    £500mn and counting: companies reckon with UK Budget costs

    Sainsbury’s, BT and Wetherspoons among those warning that changes may force price rises for customers

    Montage of Person with Sainsbury’s bags, woman using phone, M&S Jeans, books (Waterstones)
  • Thursday, 7 November, 2024
    J Sainsbury PLC
    Sainsbury’s boss warns of higher prices after Budget

    UK’s second-largest supermarket sticks to annual guidance despite weakness at Argos

    People walk past a Sainsbury's Local SmartShop store in London
  • Wednesday, 6 November, 2024
    Marks & Spencer Group PLC
    M&S warns it ‘can’t rule out’ price rises after Budget hit to tax bill

    Retailer’s profits beat expectations in first half of financial year following strong food sales

    Customers in the wine and spirits section of a Marks and Spencer shop in London. The section features shelves lined with various wine bottles and a tasting station
  • Tuesday, 5 November, 2024
    Associated British Foods PLC
    Budget to benefit less affluent shoppers despite hit to business, says Primark owner

    ABF warns changes to national insurance and wages will cost it tens of millions but remains optimistic

    A woman carries multiple Primark shopping bags while walking on Oxford Street in London
  • Monday, 4 November, 2024
    Shein
    UK MPs plan to grill Shein boss over labour practices

    Business select committee intends to summon fast-fashion brands over workers’ rights as soon as January

    Donald Tang speaks on stage. He is holding a device and wearing a microphone headset
  • Friday, 1 November, 2024
    Boohoo.Com PLC
    Boohoo appoints insider as chief executive in snub to Mike Ashley

    Fast-fashion retailer names Debenhams chief Dan Finley as its new boss amid row with sportswear tycoon

    Models showcase designs from the Boohoo X Kourtney Kardashian collection during New York Fashion Week
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