All Policy & legal articles – Page 14
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NewsSainsbury’s boss warns government of heaping more costs on retail with rates reform delays
Sainsbury’s chief executive Simon Roberts has joined the chorus of larger retail business bosses in warning the government its business rates reform delays will cost them more money.
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AnalysisMajority of retail finance heads are predicting price rises this year. Here is what retailers say
Two thirds of retail CFOs are planning price rises in response to changes to employer National Insurance contributions, according to new data published by the British Retail Consortium
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NewsPrices will be higher in 2025 as Christmas trading fails to meet expectations
Shop prices will increase during the course of 2025 after the key festive trading period failed to meet expectations, according to the British Retail Consortium.
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NewsShein has been accused of ‘wilful ignorance’ in showdown with MPs
Fast-fashion giant Shein has been accused of showing “wilful ignorance” when struggling to answer questions about its supply chain from MPs.
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AnalysisNext lays bare added costs from Budget raid as it updates on Christmas trading
After Next gave an update on its festive performance and unveiled plans to raise prices in a bid to offset “unusually high” cost increases to the business as a result of last year’s Budget, Retail Week takes a look at what 2025 looks like for the fashion giant
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NewsUniqlo, Gymshark and Lush have stopped hiring through gig economy apps
Uniqlo, Gymshark and Lush, have stopped using freelance retail workers through apps, after facing fierce criticism from unions.
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NewsShein and Temu summoned to face MPs over employment rights
Fast-fashion giants Shein and Temu are set to be grilled by a parliamentary committee as part of an ongoing probe into employment rights.
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NewsRevolution Beauty enters ‘confidential settlement’ with former shareholder
Revolution Beauty has announced that it has entered into a “confidential settlement” with a former shareholder, Chrysalis Investments Limited.
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FeatureBuyouts and boardroom bust-ups: the stories that rocked retail in 2024
Retail looks back at 2024. From political upheavals to well-known high street brands collapsing into administration, the year was also marked by the return of iconic brand promises and a few heavyweight city clashes.
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NewsBRC has warned of a ‘challenging year’ to come for retailers
Trade body the BRC has cautioned that a difficult 2025 lies ahead as jittery consumer confidence and rising costs pile pressure on retailers.
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FeatureWhat will 2025 bring? Primark, Tesco, Amazon, Sephora and H&M bosses predict the year ahead
Looking ahead: What will shape retail in 2025? We’ve asked the top bosses in British retail to gaze into the horizon and give us their predictions for the industry’s next chapter.
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NewsUK inflation climbs to highest levels seen since the start of the year
Inflation across the UK hit its highest level seen since March, as surging petrol and clothing prices drove up costs in November.
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NewsAmazon is to settle a dispute with delivery drivers which could cost millions of pounds
Amazon is to settle a claim from a group of delivery drivers which accuses the ecommerce giant of preventing them from earning thousands of pounds.
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NewsShoe Zone will close stores and slash jobs after profit warning
Struggling footwear retailer Shoe Zone has issued a profit warning and said it plans to close “a number of stores” due to increased costs related to the Budget.
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NewsRetail sheds 225,000 jobs in five years with Budget heaping on further pain
The sector shed over 225,000 jobs over the last half a decade, with the Budget set to heap further pain on retailers, warns the British Retail Consortium (BRC).
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NewsShein is eyeing ‘exemption’ from listing rules ahead of anticipated London IPO
Fast-fashion giant Shein is reportedly seeking an “exemption” from UK regulators in regard to overlooking listing rules that require at least 10% of its shares to be sold to the public ahead of its highly-anticipated London float.
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NewsShein’s London IPO is facing further delays due to new supply chain questions
The approval of Shein’s IPO has been delayed due to unanswered questions around its supply chain and legal risks as a result of challenges by a new advocacy group for China’s Uyghur population.
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NewsCurrys sees profits rise but it warns of “inevitable price rises” due to the Budget
Currys has recorded improved sales and profits but warned of the consequences of the new government’s Budget, which it described as “unwelcome headwinds”.
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NewsNearly half of retail employees considered quitting their jobs this summer
More than two in five UK retail employees were at risk of quitting their jobs this summer, a double-digit increase on the year before.