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Economy
Shop price inflation remains at 0.7% despite surge in food prices
Shop price inflation remained in deflation at 0.7% in February, after also falling to -0.7% in January, according to data…
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News-In-Brief
Today’s news in brief-3/3/25
Asda is set to scrap bonuses for over 10,000 managers as part of cost-cutting measures amid challenging trading conditions. The…
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Supermarkets
Morrisons expands senior leadership team with new hires
Morrisons has announced the formal appointment of Martin Dawson as group retail director and the promotion of Charlotte Exell to…
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News-In-Brief
Today’s news in brief-28/2/25
London Mayor Sadiq Khan has launched a public consultation on proposals to pedestrianise Oxford Street, aiming to transform it into…
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High Street
TJX net sales up 4% to $56bn
The TJX Companies has revealed that its net sales rose 4% to $56bn (44.4bn) for the year ended 1 February…
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News-In-Brief
Today’s news in brief-27/2/25
Aldi is consulting on a head office restructuring plan that could put 350 jobs at risk, primarily affecting buying, finance,…
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Online & Digital
Ocado to cut R&D roles as losses narrow
Ocado has revealed it is set to reduce its research and development (R&D) workforce both in the UK and globally…
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News-In-Brief
Today’s news in brief-26/2/25
The British Retail Consortium (BRC) has warned that one in 10 part-time retail jobs, equating to up to 160,000 roles,…
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Property
Hammerson rental income falls as it slashes net debt
Hammerson has seen its gross rental income fall from £208m to £189m for the year ended 31 December 2024. As…
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News-In-Brief
Today’s news in brief-25/2/25
The UK government is set to introduce stricter measures to combat retail and street crime through a new Crime and…
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