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Retail

  • John Lewis faces fresh defiance from Ealing residents over build-to-rent tower

    October 9, 2023

    The John Lewis Partnership is facing further resistance from Ealing residents over the retailer‘s attempt to erect a build-to-rent tower of 428 homes over a Waitrose supermarket in the west London borough.  A campaign group, Stop the Towers, has made fresh calls to the council urging it to listen to residents’ concerns and reject the [...]

  • Waitrose eyes deal with Amazon to sell groceries online in latest sales push

    October 9, 2023

    Waitrose groceries could be sold on Amazon as part of a new deal being discussed by the upmarket grocer and delivery giant.  The pair are reportedly considering the tie-up after the John Lewis-owned supermarket cut ties with Ocado nearly three years ago, according to reports published in The Telegraph.  Amazon has recently struck up a  [...]

  • Petrol forecourt owners bag £60m bonus as pump prices jack up profits

    October 9, 2023

    Senior executives at Motor Fuel Group, the UK's largest independent forecourt operator, have raked in a bumper pay packet this year on the back of record profits.

  • Last orders: London sees highest number of pub closures out of any English region

    October 9, 2023

    London has seen the highest number of pub closures out of any region in England, with a total of 46 haunts shuttering in the first half of the year, a new study has shown.  Across the whole of the UK some 383 pubs were also permanently closed within the same period, according to new figures [...]

  • Michael Murray insists he is running Frasers, not Mike Ashley

    October 8, 2023

    The boss of Frasers Group Michael Murray has insisted he is the one making decisions at the retail firm, not his father-in-law Mike Ashley. 

  • LVMH set for further growth despite uncertain global economic outlook

    October 8, 2023

    Investors will turn their focus to LVMH’s third quarter update on Tuesday to see if demand for luxury fashion goods continues to prevail.

  • Wilko to shut final shops for good after dramatic collapse

    October 7, 2023

    Wilko is set to shut the doors of its last high street shops for the final time as the collapse of the 93-year-old retailer comes to a close.

  • Aldi and Morrisons to create thousands of jobs in run-up to Christmas

    October 6, 2023

    Two supermarket giants Aldi and Morrisons have announced plans to recruit thousands of workers ahead of the busy festive season. Aldi is creating 3,000 permanent and temporary jobs, while Morrisons is looking for 3,500 extra staff to work in its stores, food manufacturing sites and logistics operations as both firms deal with expected increased demand [...]

  • Imperial Brands: Rizla-maker kicks off bumper buyback with £550m purchase

    October 6, 2023

    Imperial Brands, the tobacco giant behind Lambert & Butler, Rizla and Gauloises, said it would kick off a fresh £550m share buyback this morning after launching a new drive to reclaim shares yesterday.

  • Tim Martin: JD Wetherspoon boss in tirade against Covid lockdowns as pub chain swings to profit

    October 6, 2023

    The boss of Wetherspoons has launched a tirade against the UK's Covid-era lockdown policies.

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