Browsing: retail sector

Labour’s first Budget has sparked mixed reactions from the retail sector, with both support and criticism.Many retail leaders predict significant…

Morrisons CEO Rami Baitieh advocates for a phased implementation of new business costs.Concerns raised about the impact of sudden cost…

Frasers Group’s position in the FTSE 100 is under threat due to recent share declines and a conflict with Boohoo…

In November, shop price deflation was recorded at 0.6%, a slight decrease from 0.8% in the previous month.The BRC-NielsenIQ Shop…

Lidl’s commitment to market-leading prices is under scrutiny as National Insurance costs rise.CEO Ryan McDonnell highlights the challenge of maintaining…

The recent increase in National Insurance by the UK government is leading to concerns over inevitable job losses, impacting major…

In recent developments, The Entertainer has revised its expansion plans.The company reacted to the UK government’s increase in National Insurance…

Allan Winstanley has been appointed as the new CEO of Morleys department stores, succeeding Nigel Blow.Winstanley brings experience from roles…

As Chancellor Rachel Reeves prepares to announce her budget, key figures in retail are voicing their expectations.Many CEOs are focused…

FatFace, the fashion retailer, reported a significant financial setback following its acquisition by Next in 2023.The company announced a pre-tax…