Search Results for: retail sales
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Features
What Sycamore’s $10bn WBA takeover means for the UK high street
A $10bn (£7.4bn) takeover of Walgreens Boots Alliance (WBA) by Sycamore Partners has been officially approved, with 96% of shareholders…
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Economy
Economy unexpectedly shrinks 0.1% in May
Monthly real gross domestic product (GDP) unexpectedly fell 0.1% in May 2025, following an unrevised fall of 0.3% in April…
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News-In-Brief
Today’s news in brief-23/5/25
Tesco UK CEO Matthew Barnes has stepped down after just one year in the role to pursue other opportunities. He…
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News-In-Brief
Today’s news in brief-14/5/25
Luxury fashion brand Burberry has announced plans to cut up to 1,700 jobs globally following a challenging financial year. The…
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Luxury Goods
Burberry to axe 1,700 roles amid full-year losses
Burberry has warned it could cut up to 1,700 roles globally as part of a new cost-cutting drive, after the…
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News-In-Brief
Today’s news in brief-8/5/25
Next has increased its full-year profit guidance to £1.08bn, up £14m, following an 11.4% rise in Q1 full-price sales, outperforming…
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News-In-Brief
Today’s news in brief-25/4/25
The John Lewis Partnership has appointed Andy Mounsey as its new chief financial officer, effective immediately. Mounsey, who had been…
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News-In-Brief
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-9/4/25
Boots UK reported a 1.6% sales increase in Q2, with comparable retail sales up 5.1% year-on-year across all categories. Pharmacy…
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Health & Beauty
Lush to pass on Trump tariffs to US consumer as its losses widen
Cosmetics retailer Lush has revealed it is set to pass on the effects of Donald Trump’s tariffs to its US…
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