The Canadian government has unveiled a stark austerity budget featuring sweeping spending cuts and tax increases as the nation confronts its first recession in over a decade. Key public services face significant reductions while households brace for finan
Marks & Spencer shares experienced their sharpest decline since March 2020 after the retail bellwether warned of weaker profits, sending shockwaves through the UK retail sector.
Marks & Spencer announces ambitious expansion plan with 20 new stores across the UK, creating over 3,400 jobs and bringing back beloved fashion brands.
Sportswear giant Puma announces significant workforce reduction of hundreds of positions globally as company faces challenging market conditions and potential EU tariffs on Chinese imports.
Wave of layoffs hits corporate America as retail and logistics giants announce significant workforce reductions amid economic uncertainty.
In a dramatic start to 2024, retail and logistics giants including Amazon, UPS and Target announce significant workforce reductions, signalling ongoing economic turbulence.
Retail giant Amazon is preparing to slash up to 14,000 positions across its UK operations in one of the largest corporate layoffs in recent British history, targeting roles from warehouses to corporate offices.
Amazon continues its global workforce reduction with significant cuts to its UK operations, affecting hundreds of employees across multiple divisions including its streaming and Alexa teams.
Retail giant Amazon is preparing to slash up to 30,000 positions across its UK operations in what could become one of the largest corporate redundancy programmes in recent British business history.
Fashion retailer Carter's announces devastating restructuring plan after profits plummet by 80%, with 150 store closures and hundreds of positions cut across the UK.
Popular homeware retailer Carter's confirms sweeping store closures and layoffs across Britain, citing inflation, supply chain issues, and changing consumer habits as key factors.
Amazon announces sweeping workforce reductions affecting up to 30,000 positions across its UK operations, marking one of the largest corporate downsizing efforts in recent British business history.
Popular Cornish fashion brand Seasalt is embarking on its biggest retail expansion yet, planning to open 30 new stores across the UK and create 350 jobs as demand for their colourful designs continues to grow.
The Co-op has launched dramatic price cuts on 50 everyday essentials including bread, milk and fresh produce to help struggling families during the cost of living crisis.
High street pharmacy giant Boots has launched a dramatic price cut campaign, reducing costs on over 70 everyday essentials including baby products, healthcare items and toiletries to help struggling families.
Target's chief executive Brian Cornell reveals escalating organised retail crime is putting staff safety at risk and costing retailers billions annually.
American retail colossus Target reveals plans to cut thousands of corporate positions in strategic cost-cutting move following disappointing sales performance and changing consumer habits.
American retail giant Target abruptly eliminates 1,800 positions in latest corporate restructuring, sending shockwaves through financial markets and raising concerns about UK retail sector stability.
Another beloved high street name faces significant restructuring as economic pressures force the closure of 83 stores nationwide, putting hundreds of jobs at risk.
Plant-based food pioneer Beyond Meat faces significant stock decline as Walmart implements nationwide price cuts across its US stores, signalling intensified competition in the alternative protein market.
Tesco extends its dominance as Britain's largest retailer with strategic price cuts and digital innovation, leaving competitors struggling to keep pace in the fiercely competitive grocery sector.
Aldi announces sweeping price reductions on 23 essential items as part of its ongoing commitment to help shoppers struggling with rising living costs across the UK.
Shocking armed robbery at Woolworths store highlights escalating retail crime wave sweeping Britain, with police hunting multiple suspects after dramatic staff confrontation.
Asda announces major price reductions across hundreds of household essentials including fresh produce, dairy, and meat products as inflation pressures ease.
Retail giant Walmart announces ambitious expansion into New York City, opening new stores and creating hundreds of jobs while challenging established competitors.
Major English museums face devastating budget cuts as Arts Council England redirects funding away from traditional institutions toward 'levelling up' agenda, sparking outrage in cultural sector.
Pet retail giant Petco announces significant store closures across the United States, joining growing list of retailers facing challenging market conditions and shifting consumer habits.
The Conservative government announces sweeping welfare reforms that could significantly reduce benefits payments for millions, sparking immediate backlash from charities and opposition parties.
Another major blow hits the UK High Street as popular retailer confirms 23 store closures across England and Wales, leaving staff and communities reeling from the latest retail casualties.
Tesco chairman John Allan cautions that government spending cuts could trigger 'substantial' price rises for consumers already struggling with inflation.