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Today’s news in brief-15/11/23

Central Group, a Thai conglomerate and co-owner of Selfridges, has reportedly become the largest shareholder by converting a €364m loan…

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UK supermarkets sales rise 8.7% despite cautious consumer spending

Total Till sales at UK supermarkets increased 8.7% in the last four weeks ending 4 November 2023, according to new…

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Sainsbury’s, M&S and Currys call for business rates freeze

Supermarket retailers such as Sainsbury’s, M&S and Currys have urged the chancellor to freeze business rates for all retail businesses…

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Today’s news in brief-7/11/23

Fast fashion brand Shein has reportedly expressed interest in acquiring Topshop. This comes shortly after the acquisition of Missguided and…

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Grocery price inflation hits single digits for first time this year

Grocery price inflation has fallen below 10% for the first time since July 2022 and now sits at 9.7% for…

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Sainsbury’s unveils personalised Nectar prices

Sainsbury’s has launched personalised lower prices for Nectar Card users on its website and in-store under its ‘Your Nectar Prices’…

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Today’s news in brief-27/10/23

Tesco has appointed Matthew Barnes as the new UK CEO, effective March 2024, succeeding Jason Tarry, who will step down…

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Tesco names Matthew Barnes as new UK CEO

Tesco has announced the appointment of Matthew Barnes as its new UK CEO effective from March 2024, following news that…

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Today’s news in brief-23/10/23

John Lewis is facing criticism from city planners over its affordable housing plans. Initially, the company aimed to make 20%…

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Asda appoints new VP of marketing

Asda has appointed Adam Zavalis as its new vice president of marketing. Zavalis joins the supermarket in November and will…

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