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Supermarkets
Co-op profits hit £247m but warns on future impact of inflation
Co-op has seen its revenues surge £300m to £11.5bn, up from £11.2bn, for the year ended 31 December 2022. Alongside…
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Supermarkets
Supermarket till value sales rise to 11.5% in March
As food inflation in March soared to 15%1, total till value sales rose to 11.5% in the last four weeks…
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Supermarkets
Asda appoints CBRE to help open 300 stores by 2026
Asda has appointed global real estate advisor CBRE to help with its nationwide store expansion programme. Last October, the retailer…
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Department Stores
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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Clothing & Shoes
Prada recruits 400 staff to boost production
Prada Group has announced its plans to recruit over 400 people by the end of 2023, to strengthen its production…
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News
Morrisons sales rise in Q1 as it targets £700m cost-cutting drive
Morrisons has revealed that revenues rose by 3.4% to £4.7m in the first quarter of the year as it announced…
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People Moves
Roberto Cavalli appoints CEO
Italian fashion group Roberto Cavalli has announced the appointment of Sergio Azzolari as its new chief executive officer, who will…
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Clothing & Shoes
Primark boosts hourly pay for retail assistants
Primark is to increase the pay of its retail assistants in Great Britain, giving around 26,000 retail colleagues an average…
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Clothing & Shoes
H&M Q1 profit boosted by second-hand Sellpy platform
H&M has seen operating profit hit SEK 725m (£56.4m) in its first quarter of trading, up from SEK 458m (£35.6m)…
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Features
Brendan McDowell: ‘Online marketing has been huge’
Can you tell us a little bit about your background in cosmetics and what led you to start this company?…
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