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Retail

  • Just Eat and Autotrader face fake reviews investigation 

    March 27, 2026

    Just Eat and Autotrader are among five firms being probed by the competition watchdog as it uses new fake review rules to crack down on businesses. The food delivery firm’s ratings system may have inflated the star ratings of some restaurants and grocers, according to the Competition and Markets Authority (CMA), while the used car [...]

  • Tesco beats Clubcard copycats to claim loyalty scheme crown 

    March 27, 2026

    Tesco’s beloved Clubcard has triumphed against rivals Sainsbury’s and Greggs to be named the country’s most valued loyalty scheme.  The supermarket giant’s Clubcard is the UK’s most effective, according to an index by software firm HyperFinity which polled Brits on the value, customer satisfaction and rewards offered by loyalty schemes at more than 50 retailers. [...]

  • Retail sales fall as Brits cut back on supermarket spending

    March 27, 2026

    Retail sales fell in February, as low spending in food and household goods stores could not offset the strong performance of online sellers. The quantity of goods bought in February fell by 0.4 per cent, down from the surprise two per cent rise in January, which was revised up from 1.8 per cent, according to [...]

  • FTSE 100 Live: Stocks slip; Justeat caught in CMA crackdown on reviews

    March 27, 2026

    Good morning and welcome back to the City AM liveblog. Another pause has been slapped on Donald Trump’s pledge to “obliterate” Iranian power plants, should the nation not re-open the Strait of Hormuz. The President took to social media last night and said talks between the US and Iran were “ongoing” and “going very well,” [...]

  • Next unveils huge development in £2.5bn economy boost

    March 26, 2026

    Retail giant Next has unveiled a huge new development which it says will add £2.5bn to the economy, as the FTSE 100 firm invests over £300m in its warehouses. The firm has been granted planning permission to build a new 1.2m sq ft warehouse in its Elmsall complex in Yorkshire, with construction set to commence [...]

  • Co-op takes £126m knock from cyber attack as boss quits

    March 26, 2026

    Retailer Co-op has slumped to a £126m loss as it reels from the cyber attack which cost the firm nearly £300m last year, as its chief executive quit. The grocery chain is preparing to slash costs in the coming year, as it plans to cut £200m of spending in 2026.  Co-op’s cyber attack in April [...]

  • Next: Iran war costs retailer £15m and could push up prices

    March 26, 2026

    High street giant Next has said it will take a £15m hit from the soaring air freight and fuel prices caused by the Iran war, as it races to make savings elsewhere to offset the costs.  The FTSE 100 firm said it expects the conflict to constrain its growth in the Middle East, which accounts [...]

  • Vodafone set for £85m court showdown with ex-franchisees

    March 26, 2026

    An £85m court battle between Vodafone and its former franchisees will kick off on Thursday over claims the telecoms giant imposed cuts on franchises which left managers facing closures and bankruptcy.  The 62 ex-franchisees pursuing a civil action against Vodafone – recently renamed VodafoneThree – will launch their case at the High Court for the [...]

  • Consumer confidence collapses as Iran war provokes inflation fears

    March 26, 2026

    Brits’ confidence in the state of the economy has plummeted since the outbreak of war in Iran, as shoppers tighten their purse strings amid fears of sharp price rises. Consumer sentiment over the UK’s economy has fallen to its lowest level on record, down from -30 per cent to -53 per cent, according to trade [...]

  • Food industry warns of inflation ‘calm before the storm’

    March 25, 2026

    Food and retail bosses have warned the fall in food inflation is the “calm before the storm,” as business brace for the Iran war to push up energy costs. Trade body Food and Drink Federation (FDF) said Wednesday’s drop in food inflation – from 3.6 to 3.3 per cent year on year – could be [...]

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