Retailers back on alert after new wave of cyber attacks Retail When Asos customers were sent a cryptically-worded push notification on Tuesday last week, some shoppers thought they were being hawked the fast fashion retailer’s new Christmas collection. One thought the alert was “some crappy marketing scheme to get me to check the app and to view their snowflake collection,” they wrote on X. The notification [...]
Retail bosses ramp up pressure on Healey to cut ‘ridiculous’ tax burden Retail The bosses of Marks & Spencer and John Lewis have piled further pressure on the government to slash the “ridiculous” tax burden facing high street firms. Stuart Machin, chief executive of M&S, called on Chancellor John Healey to “restore hope” within the retail industry by turning a corner from Labour’s last two budgets, which he [...]
Marks and Spencer shares slide as investors brace for inflation hit Retail Shares in Marks and Spencer have taken a dip as investors fear that rising inflation will push shoppers away from the upmarket grocer and towards its budget rivals. FTSE-100-listed M&S, whose food arm accounts for more than half of its revenue, dropped as much as four per cent on Wednesday to 357p. The share price [...]
Panini sales tumble after sticker maker loses Premier League licence September 10, 2026 Collectable stickers maker Panini has seen its sales tumble in the UK following the loss of a major Premier League licence. The Italian company’s UK subsidiary recorded a more than 20 per cent drop in turnover to £43.3m in 2025, according to accounts seen by City AM. The 65-year-old firm, which has had a partnership [...]
Ocado lets Marks & Spencer off hook in £190m payout dispute July 28, 2026 Ocado has quietly let Marks & Spencer off the hook in a long-running £190m dispute over its home delivery joint venture. FTSE-250 Ocado has dropped its pursuit of the payout from M&S, which it believed it was owed as part of the business they run together, City AM understands. The two companies took a 50-50 [...]
M&S chair: Tax and employment costs holding back Britain July 7, 2026 Rising taxes and employment costs are holding businesses back from investing in Britain and helping it “prosper,” an M&S boss has said. Archie Norman, chairman of the retail giant and former chief executive of Asda, told shareholders on Tuesday that these “big regulatory headwinds” are “not making it easier to invest and prosper in Britain”. [...]
M&S to face shareholder grilling over cyber attack recovery July 6, 2026 Marks and Spencer is set to take a grilling from shareholders over whether it has made a meaningful recovery from the cyber attack which wiped out nearly a third of its profit. The FTSE 100 retailer will face investors at its annual general meeting on Tuesday, where it will expect to be quizzed on whether [...]
Nearly half of retail workers considering quitting over mental health June 12, 2026 Nearly half of the UK’s millions of retail workers are considering quitting the sector over concerns for their mental health, as the majority report facing abuse at work. Retail is the sector in which the most workers (52 per cent) have faced verbal abuse in the past year, as 44 per cent mull quitting the [...]
In 23 months Labour has dragged the UK economy to its knees June 4, 2026 Reading our interview with billionaire John Caudwell, in which he says he was “misled” by Labour’s pitch for power, I’m reminded of just how unambiguous Keir Starmer and Rachel Reeves were in the run-up to the 2024 election. They promised to be “the most pro-business government this country has ever seen.” Some of us were [...]
M&S boss says supermarket price caps ‘completely preposterous’ May 20, 2026 The boss of M&S has dubbed government proposals to urge supermarkets to cap the prices of foods as “completely preposterous”. Stuart Machin, chief executive of the retail giant, called on the government to cut red tape and taxes on grocers instead of pressuring supermarkets to cut prices. The Treasury has reportedly been asking supermarkets to [...]