Asda sells 24 stores to raise £568m as sales fall
Asda is selling 24 stores and a distribution centre in a £568m leaseback deal as sales fall 3.9% and market share declines. Read the full analysis of the supermarket's challenges.
Asda is selling 24 stores and a distribution centre in a £568m leaseback deal as sales fall 3.9% and market share declines. Read the full analysis of the supermarket's challenges.
Walmart upgrades its annual forecast after a surge in high-income shoppers and online sales fuels record quarterly revenue. Discover how the retail giant is thriving.
Target announces a $5 billion revamp to address messy stores and falling sales. Discover the new customer service initiatives and digital upgrades coming to stores.
The Works reports a slight sales dip as online trade plummets 36%, overshadowing strong store performance. Bosses remain 'pleased' with strategic progress. Read the full update.
The beloved DIY chain Bunnings finds itself at the centre of a heated national debate as calls intensify to prohibit pets in stores following a series of concerning incidents. As opinions clash between animal lovers and safety advocates, we examine whethe
The University of Wisconsin-Madison joins the Big Ten alcohol revolution, bringing beer and wine sales to Camp Randall Stadium for the 2024 season in a major policy shift.
Discover the year's best television bargains with our expert guide to cutting-edge 4K, QLED, and OLED screens from Samsung, LG, Sony and more. Save big without compromising on quality!
High street giant Primark reports impressive 7% sales growth despite inflation pressures, with major expansion plans including new Twinings partnership and US store openings.
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.
British fashion giant Next surpasses expectations with better-than-expected Christmas trading and raises profit guidance for the fourth time, signalling resilience in challenging retail climate.
Discover the biggest October sales events across retail, tech, fashion and homeware. Our expert guide reveals when and where to find the best discounts this autumn.
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.
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.
Britain's economic growth flatlined at 0.0% in April, missing analyst forecasts and raising concerns about the strength of the recovery. Services and production sectors showed modest gains while construction output fell significantly.
British retail sales surged to their highest level in three years as consumers flock to gold investments and luxury goods, offering unexpected economic resilience despite ongoing cost-of-living pressures.
Britain's retail sector faces unprecedented challenges as sales volumes drop sharply amid rising costs and economic uncertainty, according to latest analysis from EY Item Club.
Britain's retail sector shows surprising resilience with September sales reaching their highest point in over two years, driven by strong jewellery and watch purchases ahead of anticipated Budget measures.
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.
Another beloved high street name faces significant restructuring as economic pressures force the closure of 83 stores nationwide, putting hundreds of jobs at risk.
New industry data reveals British drinkers are cutting back on beer purchases amid rising prices, with supermarkets and pubs experiencing significant sales declines.
New Chancellor Rachel Reeves launches economic fightback with urgent growth directive to ministers, warning Britain faces 'most challenging inheritance since WWII' with public finances in worst state ever recorded.
American conservative commentator Charlie Kirk's viral claim about rising Bible purchases ignites conversation about religion's role in modern politics and cultural shifts
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.
New ONS figures reveal the UK economy showed no growth in April, complicating Rachel Reeves' economic strategy just days after taking office as Chancellor.
Britain's economy showed no growth in April 2024, with wet weather dampening retail sales and construction output. Get the full analysis of the UK's economic standstill.
Britain's economy expanded by 0.4% in August, marking a significant turnaround after months of stagnation. Chancellor Rachel Reeves announces cautious optimism amid ongoing economic challenges.
Exclusive analysis reveals Britain's stunning economic recovery with unemployment hitting near-record lows and wages soaring above inflation, positioning the UK as a G7 growth leader.
Official figures show regular pay rose 6.2% annually while inflation slowed to 4.6%, bringing relief to British workers after prolonged cost-of-living pressures.