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Retail

  • Royal Mail hit with £5.6m fine after sluggish delivery times

    November 13, 2023

    The £5.6m fine, to be paid to HM Treasury within two months, includes a 30 per cent reduction, acknowledging Royal Mail's admission of liability.

  • Make or break: Struggling small firms hope holiday season will bring vital boost

    November 13, 2023

    As small businesses power through the economic headwinds of the year and look towards a more positive 2024, the holiday season might just be what makes or breaks it for some. Laura Timm, the Federation of Small Businesses London policy chair, referred to the next few months as the “golden quarter” for small businesses looking [...]

  • Diageo shares crash 15 per cent after it lowers forecasts amid Caribbean storms

    November 10, 2023

    Diageo said it expects a slowdown in net sales growth in the first half of 2024, thanks to a performance downturn in Latin America and the Caribbean (LAC).

  • McDonald’s faces UK legal claim as sexual assault allegations intensify

    November 9, 2023

    Alistair Macrow, chief of McDonald’s UK and Ireland, said the company is “determined to root out” behaviour which falls below expected standards.

  • ‘Old habits die hard’: Drivers still feeling the pain from jacked up supermarket fuel margins — watchdog

    November 9, 2023

    Drivers are facing higher prices at the pumps due to increasing fuel margins at a number of supermarkets and retailers.

  • Christmas ads by John Lewis, Sainsbury’s, M&S and Tesco bring festive spend to record £9.5bn

    November 9, 2023

    AA commercial director Sharon Lloyd Barnes said: “Christmas advertising is an integral part of the festive season.

  • Flutter rides out Aussie slowdown in ‘challenging racing market’ as FanDuel keeps US punt going

    November 9, 2023

    Gambling giant Flutter said it has grown average monthly customers by 16 per cent, with a five per cent increase in the UK.

  • WH Smith plans US store expansion as return to travel delivers bumper profits

    November 9, 2023

    WH Smith said that revenues leaped 28 per cent for the year to August as the airport newsagent pans to bolster its presence at travel hubs through a “forensic approach to space management”. The book and stationery supplier said revenues were at £1.7bn, as the firm was boosted by surging return to travel after the pandemic. [...]

  • Lidl forks out £2m on bodycams amid surge in retail crime

    November 8, 2023

    Lidl said it will be the first supermarket in England to make it the standard that all staff are provided with the equipment. 

  • From frumpy fashion to TikTok trendsetter: How M&S regained its high street crown

    November 8, 2023

    Marks & Spencer (M&S) has once again found itself back in fashion with investors and shoppers, posting a near £100m in rise in profits in its half year results.  Shares in the company rocketed over 10 per cent this morning after the century-old business said its turnaround plan which intends to make the brand look [...]

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