Retail news

• Asda extends deadline for workers to sign new contracts

  02-11-2019 09:00
  More than 120,000 hourly-paid staff given a week longer to sign deals or face the sackAsda has given a week’s extension to thousands of its workers who faced losing their job on Saturday night if they refuse to sign up to a new contract that hits pay and benefits.The deal, which will apply to more than 120,000 hourly-paid staff, increases basic hourly pay but ends paid breaks, cuts premium pay on most bank holidays and reduces the number of hours rated as better-paid night shifts. Continue
  
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• And they're off … £6.8bn Christmas ad spree gets under way

  02-11-2019 09:00
  Walkers calls on Mariah Carey and Argos pulls on heartstrings but ad binge masks overall fall in spendingA record £6.8bn festive advertising spree gets under way this weekend with Argos, Asda, Iceland and Walkers calling on the star power of Mariah Carey and the cast of Frozen to help shift everything from crisps to turkey crowns and musical instruments.Argos and Iceland’s ads are launching during ITV’s Coronation Street on Friday, while commercials from Asda and Walkers &ndash
  
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• How one franc turned LVMH into a luxury superpower

  02-11-2019 00:59
  Europe’s richest man shows no signs of tempering voracious appetite for high-end goods
  
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