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-
Russian court approves scandal-hit Wildberries merger
Two people were killed in September shootings at headquarters of retailer co-founded by country’s richest woman -
Stockpickers: Greggs’ snacks provide sustenance for investors too
Plus: Next and Marks and Spencer — companies analysis from Investors’ Chronicle, our sister publication -
Tesco and Sainsbury’s: How the two grocery giants won Christmas
Tesco and Sainsbury’s have been crowned the winners of Christmas by Kantar as the pair outperformed the rest of the grocery market.
Sales at Tesco rose 2.8% in the 13 weeks to 23 November, rising 3.8% in the six weeks to 4 January. It’s hold on the market rose to 28.5% – the highest of any supermarket – boosted by growth across its convenience, superstore and online channels.
Meanwhile, Sainsbury’s won grocery market share for the fifth consecutive Christmas as it&n -
Memories of rosy Christmas fade as UK retailers brace for tough 2025
Groups including Sainsbury’s, Next and M&S warn of higher prices and weaker demand as costs and inflation rise -
Conversation with … Cas Paton, Founder OnBuy
It’s been eighteen months since my last chat with the Cas, founder of OnBuy. Since then, the marketplace has undergone an extraordinary transformation. In this interview,... View Article -
Boots delivers strong Q1 with record digital and Black Friday sales
Boots has reported a strong first quarter, with total retail sales rising by 8.1% year-on-year for the three months to 30 November, driven by growth across all categories and a record-breaking performance during Black Friday.
Boots.com saw a 23% increase in digital sales, accounting for 22% of total retail sales. The health and beauty giant said use of its app “continues to grow at pace”, now counting 8.1 million active members.
The record-breaking Black Friday period was a standout, -
Nisa boosts retailer profits with fuel levy removal
Nisa has kicked off 2025 with a major boost for its retail partners by removing the fuel levy and extending its Mega Deals pricing campaign, underscoring... View Article -
Humble hard-boiled egg becomes healthy on-the-go hit for UK shoppers
As Tesco reports high sales of its ‘egg protein pot’ other retailers also reveal unlikely success of repackaged snackIt was news to make even the most hard-boiled crisp manufacturer shudder: when Tesco released a list of the most-bought meal deal items for 2024, McCoy’s flame grilled steak grab bags had fallen off their perch as its shoppers’ favourite snack.Instead, nestled between the chicken club sandwich as a main and a bottle of Coca-Cola to drink, was an “egg -
Employment law changes for 2025: what employers need to know
As we kick off the new year, it’s crucial for businesses to stay ahead of the curve when it comes to employment law changes. Significant updates... View Article -
Budget tax changes will push up price of fresh food, says Sainsbury’s boss
NICs increase will add £140m to wage bill of supermarket, which has announced 5% pay rise for staffBusiness live – latest updatesChanges to employers’ national insurance contributions announced in the government’s October budget will drive inflation, particularly on fresh food, according to the boss of Sainsbury’s as he announced a 5% pay rise for workers.“It is coming at us fast in a way that was unexpected and will bring inflation as a result,” Simon R -
In pictures: George at Asda launches new activewear line
George at Asda has launched its new activewear brand, Gym Locker, across 50 stores following a successful online trial in autumn 2024.
The popular supermarket fashion brand described the range as “an affordable answer to high quality, contemporary athleisure” for both women and men, featuring cream, mauve, and muted grey “timeless pieces that are designed to be worn both in and out of the gym”.
Prices range from £7 for quick-dry sportwear tops to £30 for quart -
Fast fashion is an addiction. Secondhand mania may be just as bad | Chloë Hamilton
I loved to scour apps and charity shops for cheap clothes and toys – but now I know it is another kind of overconsumption‘Guess how much this was,” I say to my partner mischievously, revealing with relish the latest toy I’ve found for our youngest son. It’s wooden, Montessori in style (apparently a ball dropping through a hole teaches him object permanence), and retails at about £20 new. “A quid,” my partner proffers, wearily: he is savvy to this g -
Abercrombie & Fitch to open two central London stores this month
Abercrombie & Fitch is set to unveil two new central London stores at Oxford Street and Covent Garden later this month.
The new stores will stock the fashion brand’s women’s and menswear ranges, as well as its Best Dressed and athleisure Your Personal Best collections, as well as shirting and tailoring from its Collins suit range.
The spaces will be integrated with omnichannel shopping capabilities and feature local London-inspired artwork, Retail Week reported. Related StoryIn p -
Sainsbury’s boosted by “biggest ever” Christmas as it announces increase in staff pay
Sainsbury’s has reported its biggest ever Christmas with sales up 3.8% in the six weeks to 4 January. Grocery sales rose by 3.8% in the period... View Article -
Future Stores appoints first sales director
Future Stores has appointed Oliver Murray as its first sales director. Hailed as a ‘retailtainment’ champion, Murray has over 20 years’ experience in commercial media sales and previously... View Article -
Shoppers’ late festive dash gives Sainsbury’s lift as staff get 5% pay rise
Supermarket’s customers buy in ‘record volumes’ just before Christmas to boost grocery salesBusiness live – latest updatesA last-minute dash to secure Christmas shopping lifted sales at Sainsbury’s over the festive period, as the supermarket chain gave its staff a 5% pay rise.The group said its customers were “shopping late and [buying] record volumes in the days ahead of Christmas”, helping to boost grocery sales by 3.8% in the six weeks to 4 January wh -
Sainsbury’s increases staff pay after Christmas sales rise
Sainsbury’s is set to increase staff pay this year as it revealed it won grocery market share for the fifth consecutive Christmas.
The supermarket giant will split a 5% pay rise for its hourly-paid staff into two separate rises in March and August, which it said will “allow us to navigate a challenging cost environment”.
It comes as Sainsbury’s enjoyed its “biggest-ever Christmas” as sales rose 3.7% for the 16 weeks to 4 January, and 3.8% for the festive -
Shein: London IPO could be as early as Easter, sources say
Shein is planning to list in London in the first half of 2025 providing it secures regulatory approval, sources have said.
According to Reuters, the IPO could be launched as early as Easter.
It comes as Chancellor Rachel Reeves is visiting China this week for talks on economic and financial cooperation, which sources believe could help Shein win regulatory approvals. Related StoryShein accused of ‘wilful ignorance’ in row over workers’ rights08/01/2025 x 7:34 AMHowever, the fas -
Macy’s to close 66 stores across the US
The iconic Macy’s department store chain is to close 66 stores across the US as part of plans to return its business to sustainable, profitable sales... View Article -
Abercrombie & Fitch to open new stores in Oxford Street and Covent Garden
Abercrombie & Fitch is to open two new central London stores at the end of January. Situated in Oxford Street and Covent Garden, the stores will... View Article
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