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Retail

  • Flutter: The house always wins but can Fanduel’s gold rush last?

    January 29, 2024

    Flutter’s secondary listing today has pleased investors but it will need to fight for its future amid a fiercely competitive US market.

  • Mike Ashley’s Frasers continues expansion with move into former John Lewis site

    January 29, 2024

    Mike Ashley’s Frasers Group will move into the former John Lewis space at Invesco’s £202m shopping centre in Queensborough, as it pushes ahead with expansion plans. 

  • Superdry restructure could mean store closures and job losses

    January 29, 2024

    Embattled British retailer Superdry is plotting a major restructuring which could see stores closed and jobs cuts after reporting weak sales. 

  • Shares in manufacturer Chill Brands plunge as it hits back at Sunak plans to ban disposable vapes

    January 29, 2024

    Chill Brands Group has said its existing vape products are excluded from government plans to ban disposable vapes.

  • EY quits as Asda’s auditor amid criticism of Issa brothers

    January 28, 2024

    Big Four accountant EY quit as Asda's auditor last summer in another blow to co-owners Moshin and Zuber Issa.

  • Richard Caring kicks off £1bn Ivy restaurant group auction

    January 28, 2024

    Billionaire restaurateur Richard Caring has launched an auction starting at £1bn for his share in The Ivy and its sister restaurants.

  • John Lewis plans to cut 11,000 jobs after halving redundancy pay

    January 28, 2024

    John Lewis Partnership is reportedly planning to axe 11,000 jobs over the next five years after slashing its redundancy pay for employees.

  • The House of Boohoo: Impact of PrettyLittleThing and others on fast-fashion giant’s mounting losses revealed

    January 27, 2024

    Boohoo is never far from the headlines - but the firm's endgame isn't quite as easy to find

  • UK and Canada suspend Brexit trade negations in row over beef and cheese

    January 26, 2024

    The agreement collapsed after Canada had been urging Britain to row back a ban on hormone-treated beef, which had been a thorn in the side of negotiators. The result would be less favourable terms of trade for UK farmers.

  • Knightsbridge and Chelsea hail bumper Christmas thanks to swanky shoppers splashing cash

    January 26, 2024

    Swanky shops and restaurants around Knightsbridge and Chelsea enjoyed a bumper Christmas, helped by affluent customers splashed the cash on London’s Kings Road.

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