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Retail business and financial news, including acquisitions, trading updates, regulation and deals affecting retailers and their suppliers.

Peter Jones-backed camera chain Jessops files to hire administrators

Jessops, the camera retailer owned by Dragons’ Den’s Peter Jones, has filed a notice to appoint administrators after it was badly hit by lockdown...

Argos extended warranty customers to share £500,000 in goodwill gesture

Thousands of Argos customers are to share more than £500,000 of e-gift card payments, after the firm failed to remind people they could shop...

Asda workers win Supreme Court fight for equal pay

Asda bosses have lost a Supreme Court equal pay fight with store workers. More than 40,000 Asda store workers, about two-thirds of whom are women,...
Asda Supreme Court fight

Asda waits for Supreme Court ruling on equal pay fight

Asda bosses are waiting for a ruling on a Supreme Court equal pay fight with store workers. More than 40,000 Asda store workers, about two-thirds...

Retail sales stage partial recovery as households prepare for lockdown end

Retail sales volumes recovered slightly in February but not enough to offset heavy falls a month earlier, new data from the Office for National...
Santander Bank

Santander to close more than 100 bank branches

Santander has announced plans to close 111 branches by the end of August in response to the ongoing shift by customers towards mobile and...

Boohoo cuts supplier network after factory scandal

Scandal-hit retailer Boohoo has slashed its supplier network by more than 400 firms amid an overhaul after allegations over working conditions for factory staff. The...

Record proportion of Christmas shopping in December took place online

A record proportion of Christmas shopping was carried out online in December, according to card spending figures from a trade association. As people spent more...
John Lewis Closures

John Lewis to permanently shut eight more stores with 1,465 jobs at risk

John Lewis is to shut eight more stores in a move which will put 1,465 jobs at risk. The department store retailer told staff on...

Business optimism and economic activity soar over road map to reopening

The UK economy showed strong signs of growth in March, hitting a seven-month high, as the optimism over the vaccine rollout saw businesses increase...

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