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High Street
Clintons returns to FY profit following store closures
Clintons has returned to profit following a period of store closures and job losses, with pre-tax profits rising to £8.1m…
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Supermarkets
CMA to reconsider Lidl and Aldi’s restrictive land clause exemption
The CMA is reportedly considering an overhaul of rules that currently restrict major supermarkets from opening new stores in areas…
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High Street
Co-op FY profits soar sixfold but warns of cost pressures ahead
Co-op has seen its full-year pre-tax profits rise by nearly sixfold, soaring by £133m to £161m, up from £28m the…
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Electrical
Currys unveils largest ever investment into safety and security
Currys has announced its largest ever annual investment in store safety measures to help keep its employees safe and deter…
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Economy
Retailers face £5.6bn rise in costs as Budget comes into play
New research by Retail Economics, along with frontline specialist Yoobic, has found that retailers face a £5.56bn rise in costs…
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People Moves
Primark boss resigns following investigation into behaviour allegations
Primark CEO Paul Marchant has stepped down from his role with immediate effect following an allegation from a woman concerning…
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Department Stores
Next raises outlook as FY profits top record £1bn
Next has reported that pre-tax profits have risen by 10.1% to £1bn for the first time in its history, with…
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Online & Digital
Virgin Wines targets £100m revenues through ‘turbocharging’ growth plan
Virgin Wines has unveiled plans to “turbocharge” its growth and deliver £100m in annual revenue over the next five years…
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High Street
WH Smith completes refinancing amid plans to sell high street arm
WH Smith has successfully completed a refinancing, which includes its first US Private Placement (USPP) as well as a new…
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Technology
Ocado scales back diversity targets amid DEI crackdown
Ocado has scaled back its diversity targets following a wider rollback of diversity initiatives in the corporate world, The Telegraph…
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