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Online & Digital
Jeff Bezos sells over $4bn of shares in Amazon
Amazon founder Jeff Bezos has recently sold more than $4bn (£3.2bn) of his shares in the company, according to new…
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Online & Digital
Frasers ups stake in AO amid £80m share buyback programme
Frasers has upped its stake in AO World to 24.7% amid the launch of a new £80m share buyback programme.…
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News
Tesco boss calls for youth employment reform
Tesco CEO Ken Murphy has called on the government to make youth employment a priority, claiming the apprenticeship levy is…
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Health & Beauty
Revolution Beauty eyes £1bn sales target amid turnaround strategy
Revolution Beauty has unveiled a new turnaround strategy amid plans to target sales of £1bn by 2030. The group said…
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Supermarkets
Co-op to introduce secure tills and AI tech to combat rising crime
The Co-op is reportedly set to install more than 200 secure till kiosks, locked cabinets for bottles of spirits and…
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Luxury Goods
Naked Wines appoints new CEO
Naked Wines has appointed Rodrigo Maza as its new chief executive officer designate. Maza has been the group’s UK managing…
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Supermarkets
Issa brother mulls sale of Asda stake
One of the Issa brothers is reportedly planning to offload his stake in Asda and instead focus on EG Group’s…
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Economy
Two in five FTSE retailers issued profit warnings last year
The percentage of UK-listed companies issuing profit warnings last year hit 18.2%, exceeding the levels seen at the peak of…
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DIY
Ikea UK turnover hits £2.5bn as profits double in FY23
Ikea UK has seen turnover hit £2.46bn in FY23, with total sales up by 11.9%, as operating profits almost doubled…
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Entertainment
HMV full-year profits soar amid vinyl revival
HMV has welcomed rising profits and sales in its latest full-year results, following a boost from the resurgence of vinyl…
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