All News articles
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NewsMorrisons takeover faces deeper CMA probe over petrol competition concerns
Morrisons’ takeover by US private equity giant Clayton, Dubilier & Rice (CD&R) will face further scrutiny by the competition watchdog amid fears over petrol prices.
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Exclusive: Very reshuffles category teams and creates new retail ops division
The Very Group plans to reshuffle its retail team following the appointment of former Fenwick chief executive Robbie Feather as managing director of retail.
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AO to review German business as supply issues and marketing costs bite
AO has said it will explore options for its German arm as a number of issues impacted its revenues over the past nine months.
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Dr Martens hails ‘very strong’ golden quarter as DTC sales rise
Dr Martens has recorded an uplift in sales in the lead up to Christmas driven by its direct-to-consumer (DTC) business.
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Ocado unveils ‘game-changing’ suite of online grocery tech innovations
Ocado has unveiled a new suite of technological innovations that boss Tim Steiner says “have literally shattered through existing rules” around grocery home delivery
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Boohoo kicks off production at first owned Leicester factory
Boohoo has started production at its new 23,000 sq ft factory on Thurmaston Lane in Leicester, which boss John Lyttle says “reinforces” the fast fashion etailer’s commitment to the city, and UK manufacturing.
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Pets at Home Christmas sales climb as it heads for ‘record year’
Pets at Home sales increased across all its divisions across the golden quarter, as CEO Peter Pritchard says the retailer is “firmly on track” for a year of record sales and profit growth.
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Decathlon poaches new chief executive from Ikea
Decathlon has named Ikea’s chief digital officer Barbara Martin Coppola as its new chief executive.
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US giant Walmart takes stake in vertical farming start-up Plenty
US retail giant Walmart has invested in vertical farming firm Plenty with plans to stock the start-up’s leafy green vegetables in all of its Californian stores.
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FMCG giant Unilever set to slash thousands of jobs worldwide
Maker of Marmite and Dove soap Unilever is set to slash thousands of jobs around the world a week after its failed $50bn (£37bn) bid for the health division of a rival.
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Getir to create thousands of new jobs as it ramps up UK expansion
Turkish ultra-fast delivery firm Getir has unveiled plans to create 6,000 new jobs across the country as it ramps up its UK expansion plans.
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Gorillas eyes international expansion with French acquisition
Rapid delivery start-up Gorillas is eyeing an expansion across the Channel, having entered into acquisition talks with French firm Frichti.
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Decathlon UK launches first clothing rental collection
Decathlon has partnered with fashion rental platform Hirestreet to launch an initiative that will allow consumers to rent clothing for skiing and hiking.
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John Lewis to offer full sick pay regardless of Covid vaccination status
John Lewis has stated that it is wrong to create a link between vaccination status and pay, pledging that all staff will receive full sick pay.
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Morrisons kicks off search for new boss following CD&R takeover
Morrisons’ owners, private equity firm Clayton, Dubilier & Rice (CD&R) have launched a search for a new boss as current chief executive David Potts stated he would step down in about two years.
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The Works upgrades outlook as first half losses narrow
The Works has upgraded its EBITDA outlook for the 2022 financial year, after reporting narrowing losses in the first half of the year.
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Aldi drops Deliveroo trials as shoppers flock back to stores
Discounter Aldi has halted its delivery trial with Deliveroo as easing coronavirus restrictions has led to consumers returning to its stores.
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Primark pledges to keep prices low and cuts 400 jobs
Value fashion giant Primark has vowed not to increase prices, despite an inflationary environment, and is to axe 400 jobs.
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Amazon set to launch first fashion store this year in US
Amazon will open a tech-driven clothing store in Southern California later this year, a first for the online giant.
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WHSmith shareholders revolt over executive bonuses
WHSmith has been hit by a shareholder revolt over plans to pay a £550,000 bonus to its chief executive Carl Cowling.
