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Retail

  • Shein cash giveaways similar to Temu’s raise data privacy issues

    April 30, 2024

    Fast-fashion giant Shein has launched a number of promotions on its app,  such as "magic draw", "draw easily", "free gift", and "spin to win".

  • Barclay family set to lose control of Very Group as Redbird IMI looks to kick off sale

    April 30, 2024

    The billionaire Barclay family is rumoured to be plotting a sale of their online retail and financial service business Very Group. 

  • Frasers acquires parts of Matchesfashion out of administration – but jobs not in deal

    April 30, 2024

    Frasers Group has acquired parts of Matchesfashion out of administration in a deal which does not include its stock or its hundreds of employees. 

  • Morrisons tackles debt pile with £2.5bn petrol forecourts sale

    April 30, 2024

    Morrisons has closed a £2.5bn deal to sell its 347 petrol stations to Motor Fuel Group (MFG). 

  • UK’s biggest Christmas cracker designer warns on ‘soft’ market

    April 30, 2024

    London-listed IG Design said it expects to deliver full year revenue of around $800m (£639m) for 2024, a 10 per cent drop on 2023.

  • Premier Inn owner Whitbread to cut 1,500 jobs amid shake-up of restaurant business

    April 30, 2024

    Hospitality giant Whitbread has reported record revenue but said some jobs at its F&B arm will be impacted as it looks to exit a number of locations.

  • Shop price inflation slows but political tensions ‘pose a threat’ to stability

    April 30, 2024

    The rate at which shop prices rise has slowed to its lowest level in close to three years but geopolitical tensions and the knock-on impact on commodity prices, like oil, pose a threat to future price stability. 

  • Mr Fogg’s City Tavern named best pub in the Square Mile in boost for London hospitality

    April 29, 2024

    A popular Broadgate haunt, Mr Fogg's City Tavern, has been crowned the best pub in the City of London, in a welcomed boost for the capital’s hospitality scene. 

  • Amazon to be hit with legal action by GMB over ‘US-style union-busting tactics’

    April 29, 2024

    GMB Union has filed legal proceedings against retail giant Amazon over allegations that it has pressured workers to give up their trade membership

  • Getir to quit Britain and other European markets as thousands of jobs at risk

    April 29, 2024

    Online food delivery platform Getir has confirmed plans to exit the UK, Germany and Netherlands, as part of a restructuring plans which will see it solely operate in its home market of Turkey. 

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