All articles by Hugh Radojev – Page 24
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AnalysisBudget backlash: Sainsbury’s boss warns tax rises will lead to higher prices
Despite posting surging profits and sales at the half year, Sainsbury’s boss Simon Roberts became the latest retail boss to warn that Labour’s all stick and no carrot approach to business will lead to higher prices.
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NewsAsda to axe jobs as it forces staff back to the office three days a week
Asda has confirmed it will be slashing jobs and making changes to its hybrid working model in a bid to reverse its decline.
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NewsM&S profits and sales soar as strong food and clothing sales drive growth
Marks & Spencer’s profits and sales have soared, driven by strong sales performances from its food and clothing businesses.
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VideoWaitrose ramps up the star power in bid to crack a Christmas cold case
Waitrose has unveiled the first part of its Christmas ‘whodunnit’, featuring a star-studded cast for its festive season ad campaign.
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NewseBay to open ‘Listings in Lights’ Christmas pop-up
Online marketplace eBay is set to open a pop-up on Tottenham Court Road for two days, offering a range of pre-loved gifts just in time for Christmas.
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VideoM&S doubles down on Dawn French in latest Christmas ads
Marks & Spencer has launched its 2024 Christmas food advert, featuring twice the amount of beloved actor and comedian Dawn French.
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NewsMike Ashley lashes out at ‘desperate’ Boohoo over CEO snub
Frasers owner Mike Ashley has hit out at fashion retailer Boohoo, calling its decision to snub his demand to be made CEO in favour of promoting from within “desperate”.
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NewsSainsbury’s becomes first supermarket to match Aldi prices in c-stores
Sainsbury’s has become the first supermarket in the UK to price-match discounter Aldi across its convenience store estate.
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NewsAmazon profits and revenues exceed expectations off the back of strong retail performance
Amazon posted profits and sales ahead of market expectations overnight, driven by a strong retail performance in its third quarter.
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NewsBoohoo snubs Ashley demand as it names Debenhams boss as new chief executive
Boohoo has snubbed the demands of its largest shareholder by appointing former JD Sports and current Debenhams boss Dan Finley as its new group chief executive.
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NewsSainsbury’s sells Argos credit card business as it focuses on core grocery offering
Sainsbury’s has sold its Argos credit card arm for £720m, as part of its continued strategy of focusing on its core retail offering.
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VideoSainsbury’s goes big with new Christmas ad featuring iconic BFG
Grocery chain Sainsbury’s has kicked off its Christmas campaign with its television ad featuring iconic literary character the Big Friendly Giant (BFG).
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AnalysisNational Insurance contributions, business rates and crime – what the Budget means for retail
Chancellor Rachel Reeves today delivered Labour’s first Budget in nearly 15 years. But what was in there for retail, and how has the sector reacted?
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NewsBudget 2025: National living wage to rise in April
The Labour government has accepted the recommendations of the Low Pay Commission to increase the national living wage to £12.21 in April 2025.
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NewsBRC calls on government to use budget to keep prices low as inflation hits lowest rates since 2021
The British Retail Consortium has urged the chancellor to help keep prices low at the Budget, as shop price growth was at its lowest rate since August 2021.
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Opinion‘As Mike Ashley steps back into the ring, why is he set on Boohoo for his comeback fight?’
The sector held its breath this morning as one of retail’s last great heavyweights stepped back into the ring. But why now, for Mike Ashley? And, more importantly, why Boohoo? Asks news editor Hugh Radojev
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NewsM&S boss Stuart Machin: Raising taxes at budget ‘easy way out’ for government
Marks & Spencer boss Stuart Machin has urged chancellor Rachel Reeves to not take “the easy way out”, after reports that the government is considering raising the national insurance paid by employers in the upcoming budget.
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NewsHarrods dealing with over 250 claims against former owner Al Fayed
Embattled department store Harrods is in the process of dealing with over 250 claims for compensation being bought against it by former employees alleging historic sexual misconduct against former owner Mohamed Al Fayed.
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NewsAmazon has expanded its same-day delivery service to 80 UK towns and cities
Pureplay giant Amazon has expanded its same-day delivery service to more than 80 towns and cities across the UK.
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NewsVirgin Wines boss credits ‘really encouraging’ performance of value brand for return to profitability
Virgin Wines boss Jay Wright has credited the “really encouraging” performance of Warehouse Wines for the retailer’s return to profitability.