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Supermarkets
Co-op profits fall despite strong performance from food business
Co-op has revealed its group annual pre-tax profits decreased to £28m for 2023, down from £268m the previous year, as…
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Supermarkets
Aldi aims to invest over £380m in price cuts in 2024
Aldi has pledged to cut more prices than ever before in 2024 despite already investing more than £125m to reduce…
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People Moves
Naked Wines confirms Rodrigo Maza as new CEO
Naked Wines has confirmed the appointment of Rodrigo Maza as group chief executive officer effective from today (2 April), further…
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Electrical
AO to meet profit guidance
Electricals retailer AO has announced that it expects to hit its previously pledged profit guidance with adjusted profit before tax…
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Features
How can retailers effectively manage their inventory?
Inventory management stands as a fundamental aspect of effective retail store administration. Situated within supply chain management, its objective lies…
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Clothing & Shoes
Asos, Boohoo and Asda commit to green claim changes after CMA probe
Asos, Boohoo and George at Asda have committed to change the way they display, describe, and promote their green credentials,…
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News
Majestic in advanced talks to snap up Vagabond Wines
Majestic Wine, which is owned by Fortress Investment Group, is reportedly in advanced talks to acquire Vagabond Wines, according to…
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Clothing & Shoes
Kering warns first quarter revenues to decline by 10%
Kering’s first quarter revenue of 2024 is likely to decline by approximately 10% on a comparable basis, from last year’s…
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DIY
Ikea introduces new round of price cuts ahead of Easter
Ikea has announced its next wave of price cuts on hundreds of its most popular items ahead of the Easter…
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Supermarkets
Sainsbury’s CEO apologises as tech issues hit online deliveries
Sainsbury’s CEO Simon Roberts has apologised to the supermarket’s customers after a software glitch impacted contactless payments, leaving thousands without…
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