Iceland boss Richard Walker vows to set up shop on Falkland Islands Retail The boss of Iceland has waded into the fresh row over the Falkland Islands, vowing to open a supermarket in the British territory. Lord Richard Walker, executive chairman of the retailer, wrote on LinkedIn: “We’ve been supporting the Great British high street for 50 years. “As we continue our international expansion programme, we are committed [...]
Retailers call for ‘lifeline’ from Healey as cooler weather fails to boost footfall Retail Britain’s retailers have called for a “lifeline” from the Chancellor John Healey after footfall fell again in August despite cooler temperatures. Total footfall in the UK fell by 1.7 per cent year on year last month, according to data from the British Retail Consortium (BRC). Though shopping traffic fell at a slower rate than July’s [...]
John Lewis boss: UK economy facing a ‘permacrisis’ Retail The boss of John Lewis has warned that the UK economy is locked in a “permacrisis” as he urged the government not to hike business rates on large retailers. Peter Ruis, the outgoing managing director of the retail giant, said that British businesses are facing a “permacrisis externally [which] isn’t going to go away”. Last [...]
Retailers urge Healey to unwind national insurance hike to boost jobs September 3, 2026 Retailers have called on Chancellor John Healey to unwind some of the national insurance reforms made by his predecessor in a bid to tackle the youth joblessness crisis. The British Retail Consortium (BRC), which represents retailers including Tesco, Sainsbury’s and Marks & Spencer, has written to the Chancellor, urging him to unwind “soaring employment costs”. [...]
The Works secures heavyweight backing in activist investor row September 2, 2026 The Works has secured the backing of a pair of heavyweight shareholder proxies in the discount retailer’s boardroom tussle with an influential activist investor. The stationary and crafts retailer has been locked in a row with Kelso, a London-listed investment firm, since the investor sought to force a director onto its board. Institutional Shareholder Services [...]
Poundland owners rush to sell discount retailer before Christmas September 2, 2026 The owners of Poundland are racing to find a buyer for the discount retailer ahead of the all-important Christmas trading period, having already received interest from suitors. Gordon Brothers, who bought Poundland only a year ago, have appointed advisors Alvarez & Marsal (A&M) to sound out interest in the company after several parties approached the [...]
Gen-Z toymaker Jellycat pursues Home Bargains in latest copyright claim September 2, 2026 Jellycat has filed for a copyright claim against discount retailer Home Bargains, as the toymaker continues its tirade against retailers it claims are copying its trademark stuffed dolls. The British toymaker filed a copyright claim to the Patents Court against TJ Morris, the parent company of Home Bargains, as seen by City AM. Jellycat surged [...]
‘Misleading’ Frasers ad banned amid feud with watchdog September 2, 2026 The advertising watchdog has censured Frasers Group for running a “misleading” ad just days after its finance chief ramped up a bitter row with the regulator. The Advertising Standards Authority (ASA) has banned an online advert published by Sports Direct, which is owned by Frasers, for a Puma sports top which it said misled shoppers [...]
Tesco and M&S warn Burnham against Budget tax raid on retailers September 1, 2026 Top supermarkets including Tesco, Sainsbury’s and Marks & Spencer have urged Andy Burnham to rule out a Budget tax raid on retailers, warning they are already facing “unsustainable” costs. The Retail Jobs Alliance (RJA), which represents retailers employing more than 1m people, has urged the Prime Minister not to prioritise pubs and bars over high [...]
SNP slammed for ‘mind-boggling’ food price cap plans September 1, 2026 The Scottish government has been criticised for its “mind-boggling” plans to impose price caps on major retailers operating in the country, including Tesco, Sainsbury’s and Aldi. The Scottish National Party (SNP) has published a draft bill for the policy, which has been dismissed as an “unnecessary exercise” by leading retailers. SNP leader John Swinney’s initial [...]