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Studio Retail Group to file for administration

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Studio Retail Group, which counts Mike Ashley’s Frasers Group as its biggest investor, is to hire administrators after failing to secure an urgent £25...

Shoppers see sharpest price rises since 2012 as cost of living crisis bites

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Shoppers have been hit by the highest price rises in almost 10 years after shop inflation almost doubled over the past month, new data...

Joules sales up but profits dented by Covid costs and supply chain issues

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High street fashion retailer Joules has said sales are up but extra costs mean profits will be well below those predicted after it suffered...

Hundreds of jobs to go as Tesco axes counters and Jack’s discount shops

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Tesco has said it will shut meat, fish and deli counters across 317 of its stores and close its Jack’s discount supermarket arm. The company...

‘Glimmer of hope’ for shop vacancy rates

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The number of shuttered shops has fallen for the first time since the start of 2018 in a “glimmer of hope” for Britain’s retailers,...

Klarna launch physical card for instore payments

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Global banking, payments and shopping service Klarna, announces the launch of Klarna Card in the UK. The new physical card will bring Klarna's flexible and transparent...

Aldi named cheapest supermarket of the year amid ‘significant’ price rises

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Aldi has narrowly beaten its rival Lidl to be named the cheapest supermarket of the year, as grocery prices rose by up to 9%...

Burberry predicts soaring profits

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Luxury fashion brand Burberry has revealed strong growth across Asia and the US as it wins over younger customers with cash to spend. Bosses said...

Billions lost in sales as pandemic takes toll on shops, figures show

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Shops in Scotland have missed out on £5.8 billion in sales over the past two years as coronavirus saw stores closed and shoppers stay...

Inflation pushes up clothes prices at Superdry

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The boss of Superdry has said that customers can expect price rises and no sales in its shops as the business tries to combat...

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