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Retail

  • Getir to leave UK with multimillion outstanding debt to Premier League’s Tottenham Hotspur

    May 20, 2024

    Getir will leave the UK with a multimillion pound outstanding debt to Tottenham Hotspur Football Club, according to Sky News.

  • Tesco and Co-op among British supermarkets joining forces to sell fair trade bananas, coffee and cocoa

    May 20, 2024

    A cohort of British supermarkets are reportedly planning to join forces to buy ethically sourced food such as bananas, coffee and cocoa from farmers in developing countries, entering talks with Fairtrade to carry out the move. 

  • Hilton Food Group trades in line with expectations despite tough market

    May 20, 2024

    Food packaging company Hilton Food Group said volumes and sales are trading ahead of the same period last year, as the business continues to trade in line with board expectations. 

  • Marks & Spencer set to ring up profits leap after impressive year

    May 18, 2024

    High street bellwether Marks & Spencer is expected to reveal a jump in annual profits on Wednesday when it reports back after a bumper year.

  • Asda: Debt-laden grocer cashes in on price matching schemes as hunt for new chief gets underway

    May 17, 2024

    Asda, the debt-laden grocery chain, said Aldi and Lidl price matching schemes helped revenue grow by 6.6 per cent in the first quarter of the year. 

  • Mike Ashley’s Sports Direct loses bid to appeal Newcastle United kit row

    May 17, 2024

    The Court of Appeal has rejected Sports Direct permission to appeal a decision over Newcastle United 2024/25 season kit

  • Unilever kicks off £1.29bn buy-back as bosses look to boost share price

    May 17, 2024

    The Dove-to-Marmite maker said the first tranche of a buyback programme announced in February will be worth up to €850m and will run from today until the end of August.

  • XL Media: US revenue tanks at betting firm amid ‘increased competition from large publishers’

    May 17, 2024

    The owner of SportsBettingDime and Which Bingo, said revenue in the US was down 42 per cent down on last year’s figure to $26.9m (£21.2m). 

  • GSK raises £1.25bn as it offloads final stake in Haleon

    May 17, 2024

    The move separates the companies after a carve-up twoo years ago that saw GSK spin off and float its consumer arm as Haleon, amid fears the division was weighing on the growth of its dedicated healthcare business.

  • Shein favours London for blockbuster IPO as China fears spike New York float

    May 16, 2024

    Ultra fast-fashion retailer Shein could favour London instead of New York for its blockbuster IPO, as bosses at the global retailer fail to convince US lawmakers the company is not controlled by China. 

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