Pandemic

Ocado has largest pay gap between CEO and staff, report finds

Online grocer Ocado reportedly has the highest pay gap between workers on the shop floor and those in senior level…

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Dixons Carphone sales soar in half-year results

Dixons Carphone has announced that like-for-like electrical sales soared by 17% in the half-year ended 31 October 2020, despite the…

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Asda paid Walmart £1.1bn dividend before sale, accounts reveal

Asda paid an intercompany cash dividend of £1.15bn to former parent company Walmart in March this year, despite profits being…

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H&M sales slump in final quarter

H&M has announced that net sales fell by 10% in the quarter ended 30 November 2020, following the impact of…

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Forecasting future staffing needs

While many retail businesses use cash-flow forecasting to optimise their trading performance, could they be doing more to predict their…

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French Connection secures $6.5m in additional funding

French Connection has announced it has secured $6.5m (£4.9m) in additional funding, as part of its latest trading update. The…

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US group eyes Arcadia and Debenhams takeover

Authentic Brands, the US owner of New York department store brand Barneys, is reportedly eyeing a double takeover of Debenhams…

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No need to panic buy before Brexit, says BRC

The British Retail Consortium (BRC) has urged members of the public to refrain from stockpiling food before Britain leaves the…

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Administrators place £200m price tag on Topshop

Administrators for Arcadia are reportedly seeking a price tag of £200m for the firm’s Topshop brand and are looking to…

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McColl’s revenue tops £1.25bn despite store closures

McColl’s revenue has increased by 2.3% to £1.25bn this year in light of “strong demand” during the pandemic, according to…

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