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Cake Box sales jump as retailer opens 20 new stores

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Cake Box has revealed that its sales have almost doubled for the past six months amid a strong recovery in customer demand. The high street...

Eskmuir sells Wimbledon Sainsbury’s asset for over £30m

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Eskmuir Properties has confirmed that it has completed the sale of 8-12 Worple Road in Wimbledon to Aberdeen Standard Investments for more than £30m. The...

Boots sales rebound after lockdown restrictions eased

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Boots has hailed a “transformational year” as the pharmacy highlighted a sales rebound after the further relaxation in lockdown measures. Owner Walgreens Boots Alliance (WBA)...

Does your bank allow you to set your own contactless card spending limit?

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The contactless card transaction limit has been raised to £100 – but some people will be able to set their own limits. However, this will...

Asda cancels £750 million plans to sell forecourt business

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The billionaire brothers who took over Asda earlier this year have abandoned a £750 million plan to fold the company’s petrol forecourts into their...

Bullring owner says no more rent holidays as shoppers return

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Commercial property owner Hammerson has revealed the number of shoppers heading to its sites has improved to between 15% and 20% below pre-Covid levels. But...
Jonathan Akeroyd

Burberry hires Versace boss as its new chief executive

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Luxury fashion group Burberry has named Gianni Versace boss Jonathan Akeroyd as its new chief executive. Mr Akeroyd, 54, will take up the post on...

Sainsbury’s to reveal how profits have been hit by supply chain and inflation

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Sainsbury’s is set to reveal how badly profits have been hit by supply chain strains and inflation pushing up costs across the business. The grocery...

Shoe Zone raises profit guidance after better-than-expected sales

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Shoe Zone has lifted its profit targets after recent sales were better than the company expected. Shares in the discount shoe retailer, which runs 410...

Currys to hand £75m to shareholders as sales remain strong

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Currys has announced plans to hand back £75 million to shareholders through a share buyback following strong sales compared with pre-pandemic levels. Bosses said sales...

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