All articles by Luke Tugby – Page 2
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John Lewis boss White warns inflation ‘hitting the top line’
John Lewis Partnership boss Dame Sharon White has warned that rampant inflation is influencing consumer spend and impacting the group’s sales ahead of Christmas.
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Supermarkets hit out at claims fuel prices are ‘taking advantage of customers’
Supermarket retailers have hit back at claims that their fuel prices are “taking advantage of customers” during the cost-of-living crisis.
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AO hails ‘solid’ progress despite widening losses
AO has hailed “solid progress” in its plan to focus on profitability over growth, despite suffering widening half-year losses.
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Exclusive: River Island boss Will Kernan to step down
River Island chief executive Will Kernan is stepping down after three years at the helm, Retail Week can reveal.
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Primark goes live with click-and-collect trial
Primark has launched its highly anticipated click-and-collect trial this morning.
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Debenhams administrators rake in more than £7m as fees spike
The administrators of collapsed department store chain Debenhams have raked in almost £2m in fees during the current financial year alone after a hike in fees.
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Tesco, Sainsbury's and M&S bosses call for business rates freeze
The bosses of some of the UK’s biggest retailers have urged chancellor Jeremy Hunt to freeze business rates as part of his autumn statement this week.
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Joules to appoint administrators after financing talks collapse
Joules has filed a notice of intention to appoint administrators after last-ditch efforts to secure emergency funding collapsed.
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Asda returns to growth as value ranges lure new shoppers
Asda has registered its best quarterly trading performance for 18 months as its value focus drove a return to sales growth.
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Next to buy Made.com out of administration
Next has struck a deal to rescue embattled homewares etailer Made.com from administration.
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Marks & Spencer profits rise after 'standout' fashion sales
Marks & Spencer has posted a rise in profits during its first half following “robust” trading across its food and clothing and home divisions.
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One in three store staff face abuse every week, new report finds
One in every three shop workers are the victims of physical or verbal abuse from shoppers every week, according to the shocking findings of a new report.
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Morrisons to close 132 McColl's stores putting 1,300 jobs at risk
Morrisons is to close more than 130 McColl’s stores, leaving 1,300 jobs hanging in the balance.
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Asda completes purchase of 132 Co-op petrol forecourts
Asda has formally completed a deal to acquire 132 petrol forecourt sites from the Co-op, subject to regulatory approval.
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Harrods swings back to black despite decline in Chinese tourists
Harrods has swung back into the black as the retailer’s top line closes in on pre-pandemic levels.
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Aldi to pay all store staff £11 an hour in UK supermarket first
Aldi has become the first major UK supermarket chain to commit to paying all store staff across the country at least £11 per hour.
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Amazon shares tumble as it warns golden-quarter profit could be wiped out
Amazon has warned that its profits could be all but wiped out during the crucial golden quarter in a bleak prediction that stunned Wall Street.
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Made.com suspends new orders as it teeters on brink after sale talks collapse
Made.com is teetering on the brink of administration after several potential suitors pulled out of rescue bids for the business.
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Mike Ashley's Frasers Group builds 5% stake in Asos
Mike Ashley’s Frasers Group has built up a shareholding of more than 5% in online fashion operator Asos.
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Matalan poised to fall into hands of lenders
Matalan’s lenders are preparing to take control of the business following the deadline for rescue bids last Friday.