Pandemic

John Lewis pension assets plunge £2.8bn

John Lewis Partnership saw the market value of its pension assets plunge by £2.8bn last year amid a set of…

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Unbound Group shares surge amid possible takeover

Unbound Group saw its shares surge on Tuesday (28 March) after the clothing company announced a possible cash offer by…

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Next acquires Cath Kidston for £8.5m with job losses expected

Next has agreed to acquire the brand name, domain names and intellectual property of Cath Kidston for £8.5m, with job…

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Supermarket sales up 8.6% as grocery inflation hits 17.5%

Take-home grocery sales increased 8.6% over the most recent 12 week-period as grocery price inflation reached record levels. According to…

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Next eyes Cath Kidston acquisition

Next is reportedly in advanced talks to rescue the Cath Kidston brand, in a move that would further expand its…

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It’s always someone’s birthday: gift cards remain evergreen

Inflation and rising living costs have turned consumers into paranoid penny-pinchers, who are cautiously awaiting the next fiscal catastrophe to…

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Boots owner eyes sale or float by year’s end

Boots faces being sold or floated by the end of 2023, following US boss’ wish to separate the global pharmacy…

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Fortnum and Mason revamps flagship to appeal to wider audience

Fortnum and Mason is attempting to shed its image as a grocer for the super rich by revamping its flagship…

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Retail sales rise 1.2% in February

The ONS has reported today (24 March) that retail sales for February have increased by an estimated 1.2%, following a…

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Ownership of business will ‘remain a constant’, says John Lewis chair 

John Lewis chairwoman Sharon White has assured that employees’ ownership of the John Lewis Partnership will “remain a constant”, following…

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