2024 saw significant shifts in retail leadership with notable hires and unexpected exits influencing the industry.Allan Leighton returned to Asda…
Browsing: retail sector
Recent developments have witnessed an extraordinary push by UK supermarkets to upgrade and expand their convenience store networks, with investments…
Chancellor Rachel Reeves has acknowledged the difficulties businesses face with the upcoming rise in National Insurance employer contributions.From April next…
Chancellor of the Exchequer Rachel Reeves addresses business challenges amidst proposed National Insurance hikes.The rise in National Insurance contributions will…
The Confederation of British Industry (CBI) CEO, Rain Newton-Smith, highlighted economic challenges post-Budget.In her speech, Newton-Smith applauded the end of…
Retailer Lidl vows to keep prices low despite rising costs.National Insurance costs for Lidl expected to increase by millions.Chancellor’s Budget…
HMV has decided to pause its UK store expansion plans due to upcoming tax increases, citing financial risks.The company’s owner,…
HMV has halted its UK store expansion plans due to higher national insurance costs, raising economic concerns.The music retailer aimed…
In a move to tackle ongoing financial difficulties, Ann Summers is cutting jobs and securing additional funding.The company has recorded…
Morrisons has undertaken a major restructuring to successfully reduce its debt by £2.4 billion, marking a nearly 40% decrease.Morrisons has…