Close Brothers: How the motor finance scandal reshaped one of ‘Europe’s least cost-efficient lenders’
Asda: ‘We know what we need to do’ after sales disappoint again Retail Sales and revenue at Asda dropped last year, as expected, but the supermarket said it has begun to deliver on its turnaround plan. Like-for-like sales at the supermarket giant fell by 3.4 per cent year on year, while revenue dipped 0.8 per cent to £21.7bn. The TDR-owned supermarket struggled last year with a declining market share [...]
Fashion brands told to ‘stay on the right side of the law’ amid greenwashing claims Retail Some of the most high-profile fashion brands in the UK have been warned to be clearer on their green credentials by the UK competition watchdog as it clamps down on misleading marketing. The Competition and Markets Authority (CMA) has issued a new sustainability compliance guide for retailers and told 17 brands to review their practices. [...]