Christmas

Today’s news in brief-2/1/24

Central Group is reportedly considering increasing its stake in luxury department store Selfridges as co-owner Sigma faces financial issues. Central…

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Central Group eyes increased stake in Selfridges

Central Group is reportedly interested in increasing its control of luxury department store Selfridges as its co-owner Sigma faces financial…

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Aldi and Lidl see record-breaking Christmas

Discount supermarkets Aldi and Lidl have both experienced record-breaking Christmas periods. Aldi posted sales over £1.5bn in the four weeks…

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Shop price inflation flatlines in December

The annual shop price rise was slower than the three-month average rate of 4.6% at 4.3%, the lowest since June…

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Tesco predicts record demand for no and low alcohol drinks

Shoppers are set to create record demand for no and low alcohol beer, wines and spirits this Christmas, according to…

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UK retail sales rise 1.3% in November

Retail sales volumes are estimated to have increased by 1.3% in November 2023, from no growth (revised from a fall…

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Today’s news in brief-21/12/23

Frasers Group has confirmed its acquisition of the Matches business from MF Intermediate Limited in a deal estimated at £52m.…

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4,500 retailers in critical financial distress, new data reveals

Nearly 4,500 retailers are now in critical financial distress as poor consumer confidence, “sticky” inflation, and elevated interest rates force…

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UK inflation falls to two-year low of 3.9% 

UK inflation has fallen to 3.9% in the year to November, the lowest level seen in two years, according to…

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Asda opens 81 Express stores ahead of Christmas

Asda has opened a record 81 new Asda Express stores in December in a bid to bring Asda value to…

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