Monday, December 9, 2019

Beckhams in £38m dividend payout despite profits plunge

David and Victoria Beckham’s business empire has paid out £38m to its owners despite a near 90% fall in profits prompted by difficulties...

Dr Martens: are things going wrong with the UK's beloved brand?

It was just a small question in our regular Consumer Champions column. Why, a reader asked, had her £170 Dr Martens boots fallen...

Ocado/Aeon: aisle be there

The prospect of Amazon filling its trolley with groceries terrifies the world’s supermarket chains. Ocado is there to reassure them — at a...

US retail employees call out working conditions with Black Friday protests

Workers across the US are using Black Friday and Thanksgiving holiday shopping sales to address working conditions and labor issues in retail and...

Carrot mania: shoppers in a frenzy over Aldi's plush toy Kevin

Aldi stores have been besieged by shoppers queuing, shoving and reportedly even fighting to get their hands on its new Kevin the carrot...

US consumers spend $2bn online but store crowds thin as Black Friday dawns

US consumers spent more than $2bn online in the first hours of Thanksgiving shopping on Thursday night but crowds were largely thin at...

Fortnum & Mason reports bumper year despite Hong Kong protests

Upmarket department store Fortnum & Mason has reported another year of bumper sales and profits but said its new Hong Kong store had...

Buy Nowt protest urges Yorkshire shoppers to ignore Black Friday

It was six years ago that the American shopping concept of Black Friday really took off in the UK, when a woman trying...

Peacocks chain set to rescue Bonmarché from collapse

At least 30 Bonmarché stores are to close next month with the loss of about 240 jobs, as previous owner Philip Day prepares...

UK supermarkets 'not transparent enough' about pesticide use

Many UK supermarkets are not being transparent with shoppers about the use of potentially harmful pesticides in their global supply chains, according to...

Are economic doldrums likely to continue? Experts discuss the data

Andrew Sentance Senior adviser to Cambridge Econometrics and member of the Bank of England’s monetary policy committee (MPC) from 2006-11 The evidence from the real...

Brait to put New Look, Virgin Active and Iceland stakes for sale

The Iceland supermarket chain, gym group Virgin Active and a big stake in fashion chain New Look, are to be put up for...

High street's hopes for Black Friday bonanza unlikely to be realised

High street retailers’ hopes for a Black Friday bonanza this weekend are likely to be dashed as more shoppers choose to do their...

Iceland and New Look set to change hands again

Iceland Foods and New Look are set for yet another sale as South African conglomerate Brait revealed plans to dispose of its stakes...

Walmart offers Thanksgiving workers measly discount in place of holiday pay

Thanksgiving and Black Friday mark the beginning of the festive season in the US, but Walmart workers are not feeling the cheer. The...

Ikea steps up drive to become carbon neutral with extra €200m

Ikea’s parent company is to invest an additional €200m (£171m) in green energy and forest planting as part of a plan by the...

Revival of Edinburgh's Jenners building may force store's departure

Edinburgh’s Jenners department store could quit the landmark position on Princes Street it has occupied for more than 180 years under plans to...

Department stores fight for relevance ahead of Black Friday

US department store Kohl’s has a plan to counter competition from Amazon, which has stolen a march on the retail chain and its...

Pets at Home shares jump after upgrade to profit forecast

Pets at Home upgraded its profit expectations for the second time in three months, prompting a sharp rise in its share price.The pet...

One in 20 Black Friday deals are genuine

Only one in 20 Black Friday deals are genuine, according to damning new research by Which?.After checking 83 items on sale on...

Ikea profits fall 10% as retailer invests in online operation

Ikea’s profits have fallen nearly 10% as the world’s largest furniture retailer stepped up its spending on renewable energy and its growing online...

UK retail woes hit West End landlord Shaftesbury

The West End landlord Shaftesbury saw the value of its portfolio decline in the year to September for the first time in a...

Black Friday UK: just one in 20 discounts are genuine, research finds

Just one in 20 Black Friday deals are genuine, according to damning research by Which? that concluded the annual shopping event was “all...

Mike Ashley to change name of Sports Direct to Frasers

Billionaire retail tycoon Mike Ashley is to change the name of Sports Direct to Frasers Group next month as he seeks to shed...

Sports Direct says it plans to rebrand itself as Frasers Group

Mike Ashley’s Sports Direct International, which has attracted criticism from politicians and investors over working conditions and its approach to business, has announced...

Hopes of happy Christmas rise as sales stop falling on high street

High street retailers have been handed a much-needed boost as the latest data from the CBI shows a broadly unchanged level...

High street stores get pre-Christmas boost as sales stop falling

High street closures in 2019 Thousands of high street jobs have been lost this year as a result of high profile retail administrations and...

Black Friday 2019 smartphone deals: iPhone 11, Google Pixel 4 and more

The Black Friday sales bonanza gets under way in a matter of days, but there are already plenty of deals to...

Jane Shepherdson joins clothing rental start-up

Jane Shepherdson, a fashion executive credited with building Philip Green’s Topshop into a global brand, has become chairman of start-up My Wardrobe HQ...

Louis Vuitton owner LVMH to buy Tiffany for $16bn

LVMH, the world’s biggest luxury group, has agreed to buy Tiffany & Co, the US jeweller famed for its engagement rings and white...