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The latest news from the retail industry

The retail rebound and the role of digital

Covid-19 hit the retail sector hard. Shops were closed. Consumer spending shifted online. High street stalwarts struggled or, in the case of Debenhams, collapsed. Even with...

A bike is for life, not just for lockdown’, says Dutch brand Swapfiets as...

More and more people have been exchanging their daily trek through London’s transport system for an invigorating bike ride – a trend which accelerated...

Takeover battle for Morrisons extended as CD&R eyes higher bid

Takeover regulators have extended the battle for supermarket Morrisons by a further two weeks, giving a US suitor more time to make a bid. Clayton,...

Asda boss Roger Burnley steps down ahead of schedule after takeover

Asda boss Roger Burnley has left the supermarket giant following the completion of its £6.8 billion takeover. Mr Burnley announced plans to step down as...

Consortium increases Morrisons takeover bid to £6.7bn

The private equity-backed consortium vying to buy Morrisons has increased its bid for the supermarket chain to £6.7 billion amid speculation of a rival...

Harvey Nichols announce luxury resale service

Harvey Nichols has announced the launch of an innovative new luxury resale service in partnership with Reflaunt. Reflaunt’s mission is to build a world of...

Hammerson bosses to transform empty retail space into hotels, offices and homes

The new boss of Birmingham Bullring landlord Hammerson has laid out a new growth strategy which will see the group seek more opportunities away...

Mike Ashley: Who is the unorthodox retail magnate?

Billionaire Mike Ashley is one of the most recognisable men in British business after building a sprawling high street empire and acquiring a football...

Mike Ashley confirms plan to step down as boss of Sports Direct’s parent company

Frasers Group has confirmed that it is planning a leadership reshuffle that would see founder Mike Ashley step away from his role as the...

John Lewis hands £5k pay raise to lorry drivers amid national shortage

The John Lewis Partnership has said it will raise its lorry driver salaries by £5,000 as the industry continues to face damaging worker shortages. The...