Wages

Next suffers shareholder rebellion over pay transparency

Next’s shareholders have pushed back against what some deemed as a lack of transparency over its staff pay after more…

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UK agrees trade deal with US but 10% tariff remains

The UK and the US have reached a “first-of-a-kind” trade agreement, under which the US will slash tariffs on UK…

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Retail’s staffing crisis: why jobs are disappearing and what’s next

Across the UK, retail employment remains 5% below pre-pandemic levels, according to Deputy’s Big Shift 2025 report. The decline is…

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Today’s news in brief-15/4/25

Halfords has appointed Henry Birch, former CEO of The Very Group, as its new chief executive, replacing Graham Stapleton, who…

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Today’s news in brief-8/4/25

Levi Strauss & Co reported a strong start to 2025, with Q1 sales rising 3% to $1.5bn (£1.17bn) and adjusted…

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Clintons returns to FY profit following store closures

Clintons has returned to profit following a period of store closures and job losses, with pre-tax profits rising to £8.1m…

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Are consumers stuck in an endless cycle of ‘aesthetic’ dupes?

The retail landscape is increasingly defined by a relentless cycle of “aesthetic” dupes – fast, trend-driven products designed to mimic…

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Today’s news in brief-10/3/25

WH Smith is nearing a decision on the sale of its high street business, with two bidders, Alteri Investors and…

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Today’s news in brief-24/2/25

Shein, the global online fashion retailer, saw its profits plummet by 40% to $1bn in 2024. The company faced a…

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The decline of UK department stores: can they survive?

The decline of department stores in the UK has been one of the most significant shifts in the retail sector…

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