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Retail

  • Miniso: The New York-listed Chinese retailer looking to take London high streets by storm

    February 26, 2024

    Shein was first - but it isn't the last Chinese operation coming for London

  • Ocado to unveil improved sales after eventful year

    February 24, 2024

    After a colourful year online supermarket and automation business Ocado will later this week unveil its earnings for 2023. 

  • Coca-Cola Europacific snaps up Philippines fizzy drink maker in $1.4bn deal

    February 23, 2024

    Coca-Cola Europacific Partners (CCEP) has acquired the equivalent of the company in the Philippines in a deal valued at $1.8bn (£1.4bn).

  • UK consumer confidence falls in February as technical recession is a bummer for Brits

    February 23, 2024

    UK consumer confidence fell two points in February as reports of a technical recession dampened hopes. 

  • Anyone for Pimm’s? Diageo mulls sale of iconic British tipple

    February 22, 2024

    Diageo, the FTSE 100 drinks giant, is reportedly mulling the sale of three non-core brands, including summer time favourite Pimm’s. 

  • Tortilla Mexican Grill says adios to long serving chief

    February 22, 2024

    One of London’s most popular Mexican chain restaurants, Tortilla Mexican Grill,  has announced the departure of its long-serving boss and their successor.

  • Nestle: Kit Kat and Nescafe maker’s sales below par as inflation hits demand

    February 22, 2024

    Nestle, the Kit Kat and Nescafe coffee maker, reported lower than expected sales for the full year, as high inflation continued to impact customer demand. 

  • Heathrow chief: Scrapping London tourist tax is ‘critical for the UK’

    February 21, 2024

    Retail businesses and a host of airports have since pleaded for the government to reinstate the tax break, with wealthy international shoppers choosing to splash their cash elsewhere.

  • Logo wars: Tesco and Lidl at Court of Appeal in latest instalment of clubcard row

    February 21, 2024

    The logo at the heart of this dispute is Tesco's "Clubcard Prices" promotion which uses a blue square with a yellow circle, with the words 'clubcard prices' inside.

  • Angling Direct reels in revenue despite choppy retail environment

    February 21, 2024

    Specialist fishing tackle and equipment retailer Angling Direct has continued to make profit despite disruptions from storms and an economic downturn.  In an update, the publicly listed firm said revenue grew 10.2 per cent to £81.7m in the full year to January 2024.  UK sales were also hiked nine per cent to £77m, as the [...]

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