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Card payments in Singapore to grow by 8% in 2022, says GlobalData

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Card payments in Singapore are set to rebound with 8% growth in 2022, with improving economic conditions, forecasts GlobalData, a leading data and analytics...

January retail sales bounce back after Omicron disruption

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Shoppers returned to the high street in droves last month as UK retail sales rebounded after the impact of the Omicron variant of coronavirus...

Frasers buys Studio Retail out of administration

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Mike Ashley’s Frasers Group has bought online retail business Studio Retail out of administration, saving 1,500 jobs, it said. The company behind Sports Direct and...

Sainsbury’s axes 200 in-store cafes

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Sainsbury’s has said it will shut 200 cafes in a shake-up of its in-store dining which is set to hit around 2,000 workers. The supermarket...

Boohoo sees growing returns as sales increase

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Online fashion business Boohoo has seen more clothes returned in recent months as customers changed their buying habits. The business said the growth in net...

UK consumers avoiding impulse purchases as cost-of-living crisis puts the squeeze on spending

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As the UK inflation rate reaches 7% and the cost-of-living crisis hits home for shoppers, new research has uncovered that Brits are becoming more...

TheRugSeller.co.uk is giving Shabby Store a new lease of life

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Homeware brand Shabby Store (Shabby.co.uk) has relaunched under new ownership after the business went into administration in February 2022. Its new owner Daniel Prendergast,...

NatWest Group first UK bank to sign agreements with payment providers to offer new...

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NatWest Group has signed agreements with three payment providers – TrueLayer, GoCardless and Crezco – to offer Variable Recurring Payments (VRP) as a new...

Zettle by PayPal launches on-phone payments with Tap to Pay

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PayPal Holdings, Inc. has announced the launch of Tap to Pay with Zettle by PayPal for small businesses in the UK. The new function...

Shaftesbury announce major acquisition in heart of Soho portfolio

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Shaftesbury, the Real Estate Investment Trust which owns a 16 acre portfolio in London’s West End, announces that it has acquired a 200 year...

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