Browsing: retail sector News
The removal of VAT-free shopping for tourists post-Brexit has thrust the UK into what many view as a ‘massive global disadvantage’. Retail leaders now urge action.In…
The DFS Group is bidding farewell to CFO John Fallon, who is set to leave mid-January 2025.Fallon, with DFS since November 2022, will continue his duties…
Chancellor Rachel Reeves is urged to enact business rates relief as businesses face a potential £2.7bn tax increase.The impending end of the 75% relief scheme threatens…
The retail sector is pressing Chancellor Rachel Reeves to deliver on her promise of reducing the burden imposed by business rates. This comes amidst revelations of…
Frasers Group, led by Mike Ashley, has escalated its acquisition efforts regarding Mulberry by enhancing its proposal to a striking £111 million, merely days after the…
Quiz CFO Gerry Sweeney will exit the company after over eight years, marking a transition phase for the fashion retailer.His departure comes at a critical time…
Tesco has proactively adjusted its online delivery framework for Christmas 2024. The UK’s leading supermarket aims to meet increasing customer demands by advancing Christmas delivery slot…
Frasers Group has extended an £83 million cash offer for Mulberry, sparking significant debate within the retail sector.The move follows Frasers’ criticism of Mulberry for a…
Aldi is pioneering sustainability by upgrading 30% of its HGV fleet to utilise hydrotreated vegetable oil (HVO). This initiative is set to significantly curb carbon emissions,…
New data reveals a decline in UK construction activity, particularly affecting the retail sector.Project commencements, major contract awards, and detailed planning approvals have significantly reduced.Retail project…
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