Retail news

• Cycling sector slows despite road and track success

  19-07-2019 23:00
  Tour de France and Olympic dominance fails to produce boom at home
  
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• Liberty store sold to private equity group in deal worth £300m

  19-07-2019 15:39
  BlueGem bought the London landmark retailer for £32m in 2010 and also wants to offload Jack WillsA controlling stake in department store Liberty London has been sold to a private equity-led consortium in a deal valuing the business at £300m.The retail landmark, which was founded by Arthur Lasenby Liberty in 1875 with a £2,000 loan from his future father-in-law, has grown to become an international brand that sells its distinctive fabric prints and luxury leather goods around th
  
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• Private equity cashes in on Liberty with £300m sale

  19-07-2019 13:15
  Disposal of iconic London department store to Glendower Capital to generate 12-fold return
  
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• Coalition's voluntary salt limits have been 'public health disaster'

  19-07-2019 08:00
  Switch in 2011 led to thousands of cases of heart disease, stroke and cancer, say researchersNearly 10,000 cases of heart disease and stroke and 1,500 cases of cancer could have been avoided in England if the coalition government had not switched to a voluntary deal with the food industry to cut salt in food, say researchers.The Responsibility Deal was introduced in 2011 by Andrew Lansley, then health secretary. The deal asked food and drink manufacturers and supermarkets to volunteer their own
  
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• Plant-based milk the choice for almost 25% of Britons now

  19-07-2019 07:00
  Sales surge of 70% for oat alternative in 2018 alongside falling demand for cow’s milkAlmost a quarter of Britons are consuming plant-based milk alternatives as the popularity of vegan and vegetarian diets continues to grow.While demand for traditional cow’s milk is falling, sales of alt-milk, made from oats, almonds and coconuts, have surged 10% over the past two years, according to a report. Continue reading...
  
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