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Soaring holiday spending driven by demand, not higher prices, as retailers deepen discounts
The transfer of pension obligations fixes one of the parent company’s problems
Shops are having to work harder to tempt customers, who are proving savvy about bargains
Former CEO and chair of discount chain and EY representatives will face questions
Large retail chains that provide ‘lion’s share’ of jobs and investment will bear the brunt, lobby group says
UK high street stalwart known for its anti-animal testing campaigns in the 1990s has lost touch with eco-shoppers
Figures contrast with expectations of a rise and send gilt yields lower
Acquisition will boost Young’s estate to 279 pubs across London and south-east England
Central Group will be the retailer’s majority owner after a financial crisis at Signa
Chair says making clothing more appealing to all ages and closing unprofitable stores is paying off
Last year, the chief exec set himself two 5-year goals and has already surpassed them
Strong food sales drive higher first-half profits at UK retailer
UK-based group that also produces Twinings tea bags warns it expects cost pressures to remain
Kantar’s figures suggest official statistics will be lower when published next week
Data from British Retail Consortium points to household caution ahead of busiest shopping season
Competitors of Sainsbury’s and Tesco are struggling with highly leveraged balance sheets
Grocery sales jumped a tenth in first half of year as chain claims it is winning share from discounters
Online group reports pre-tax loss of almost £300mn as it seeks to revive fortunes following drop in demand
Turmoil in the retail sector has thrown up bargains
Better than expected data on budget deficit raises pressure on chancellor Jeremy Hunt to outline tax cuts
Handbag maker remains lossmaking but sales have risen
Department store portfolio was bought by René Benko’s Signa Group and Tiang Chirathivat’s Central Group for £4bn last year
Chair’s departure in 2025 will offer both opportunity and uncertainty for ailing retailer
The UK’s only remaining thoroughfare dedicated solely to watches and jewellery helps the city keep its position as the top centre for retail spend outside London
Leading supermarkets call on government to speed up legislation or put exports at risk
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