All News articles – Page 295
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NewsUK government rejects temporary EU visas to ease driver shortages
The UK government has rejected industry calls to issue temporary visas to European truck drivers to ease the shortages which have played havoc with supply over the last few months.
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NewsSainsbury’s braces for bid as American investors circle
The UK’s second largest grocer Sainsbury’s is reportedly being targeted for a takeover by an American private equity firm, amid mounting mergers & acquisitions in the grocery space.
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NewsMarks & Spencer profits to beat expectations following strong trading
Marks & Spencer expects full-year earnings to be better than anticipated after strong trading as its transformation plan bore fruit.
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NewsMorrisons backs £7bn takeover offer from ex-Tesco boss Leahy and CD&R
Morrisons has recommended a £7bn offer from private equity giant Clayton, Dubilier & Rice (CD&R), which has trumped a rival bid from Fortress.
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NewsAmazon plans to open department stores in US
Amazon plans to open several department stores in the US, as the tech titan’s pivot to bricks-and-mortar retailing gathers pace.
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NewsJohn Lewis builds offer beyond retail with ethical financial products
John Lewis Partnership has entered the retail investment market for the first time as it seeks to generate more profits from outside traditional retail.
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NewsJD Sports launches UK-first TikTok collaboration for Nike launch
JD has partnered with TikTok to allow users to virtually try on a pair of Nike trainers without leaving the comfort of their homes.
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NewsThe Co-op poaches Tesco executive to lead data and insight team
The Co-operative has appointed former Tesco executive Nick Meagher as head of insight and research.
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NewsExclusive: Boxpark founder pledges to step in to save Croydon redevelopment
Boxpark founder Roger Wade has expressed interest in forming a consortium to save the redevelopment of Croydon after Westfield and Hammerson walked away from the town centre.
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NewsMarks & Spencer launches food range on expat retail site British Corner Shop
Marks & Spencer has extended its online food offer through a partnership with expats’ shopping site British Corner Shop.
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NewsPoundland doubles size of online shopping trial
Poundland’s trial of its online delivery service has been extended to new postcodes in the Midlands and Yorkshire, meaning it is now available to more than 7 million UK consumers.
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NewsCouncil left scrambling as landlords walk away from Croydon Westfield dream
Local authority plans to regenerate Croydon have been thrown into chaos after Unibail-Rodamco-Westfield and Hammerson walked away from the Centrale & Whitgift Centre.
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NewsWalmart raises outlook as second-quarter sales surge
American giant Walmart has increased its full-year outlook for the second time this year as sales surged in the second quarter despite the effects of the Delta strain on consumer confidence.
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NewsAsda eyes Ian McLeod for top job following Burnley exit
Retail veteran and former Asda executive Ian McLeod has reportedly emerged as the frontrunner to succeed Roger Burnley as chief executive of the grocer.
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NewsAsos chair Crozier steps down for rival role
Asos chair Adam Crozier has been appointed chair of BT Group and will stand down from his role at the fashion giant later this year.
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NewsMarks & Spencer adds new fashion brands to online stable
M&S is to introduce six more fashion brands to its online platform as it builds its ecommerce operations.
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NewsRetailers warn of Christmas stock crisis as Chinese port closes
The closure of a Chinese port has exacerbated the shipping crisis, meaning stock may be in short supply this festive season.
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NewsAmazon adds own-brand food to online grocery offer
Amazon is set to add its own label of food online in a bid to make gains in the grocery sector.
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NewsPret plans regional roll-out to reduce reliance on London
Pret a Manger is set to open franchises and stores in regional locations after its city centre sales were decimated by the working-from-home trend.
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NewsMcColl’s warns of profit headwinds as its seeks to raise capital
McColl’s has said it may struggle to meet management expectations for the full year if availability issues continue into the second half.