Selfridges put up for sale with £4bn price tag
The Weston family has reportedly lined up Credit Suisse to explore a sale, prompted by an approach for the business.
The sale would include the...
Card Factory slides to £16m loss following Covid store closures
Card Factory has swung to a loss for the past year after store closures slashed its sales by more than a third.
Shares in the...
Upper Crust owner extends losses as pandemic restrictions bite
Upper Crust owner SSP has warned it does not expect to recover to pre-pandemic levels for another three years as it sunk to a...
Sales at Zara owner jump beyond pre-pandemic levels after online shopping surge
The owner of fashion brand Zara has said its latest sales are ahead of pre-pandemic levels after benefiting from a surge in online shopping.
Spanish...
Retailer Gap set to axe 19 UK and Ireland stores
Gap has said it plans to close 19 stores in the UK and Ireland next month as part of a shake-up aimed to return...
Shopping surges in May after pandemic restrictions ease
Retail sales soared in May as the further easing of lockdown restrictions helped to drive spending, according to new figures.
The latest BRC-KPMG retail sales...
Tesco to end buying partnership with French supermarket Carrefour
Tesco has said it will end its buying partnership with French supermarket chain Carrefour after three years.
The UK’s biggest grocer told investors on Monday...
What tax changes have G7 ministers agreed and what does it mean for UK...
G7 finance ministers have announced a “historic” deal to agree a global base rate for corporation tax and reforms targeting multinational companies.
Here is a...
Chancellor heralds ‘historic’ tax deal at G7 finance meeting
The Chancellor has hailed a “historic” decision by G7 countries to agree a global base rate of corporation tax and reforms to the tax...
Ted Baker set to slide to £65m loss after dive in store sales
Ted Baker is expected to tumble to a £65 million loss after sales were slashed by the pandemic.
The enforced closure of bricks and mortar...
