John Lewis, Debenhams censored over Black Friday ads Retail John Lewis, Debenhams and Boots have been censored over “misleading” Black Friday ads after being accused of overstating the discounts on offer to shoppers. The three retail giants have had their adverts banned by the Advertising Standards Authority (ASA), which monitors ads using an AI-powered tool. The watchdog has been cracking down on retailers’ pricing claims [...]
US alternatives giant leads £150m refinancing at debt-laden Very Retail The credit giant that took control of Very from the Barclay family has arranged a £150m funding package for the online retailer ahead of a potential £2bn sale. Carlyle helped arrange an extension and renewal of debt-laden Very’s key credit lines, in a move it said helps secure the group’s long-term funding until 2029. The [...]