Retail industry

JD Sports shares slump 14% after profit warning

Mild weather and discounting by rivals hit sales at JD Sports in October, prompting the trainers and fashion retailer to issue a warning that profits will be at the...

Lidl warns of price rises and HMV of job cuts amid backlash over UK budget

Lidl has warned of potential price rises, with HMV predicting job cuts as a result of cost increases...

Lidl and HMV say price rises and job cuts are likely due to UK budget

The bosses of Lidl and HMV have spoken of potential price rises and job cuts as a result...

Lidl returns to profit on sales of £10.9bn after slowing expansion

Lidl’s UK business has bounced back into profit after it slowed expansion in favour of improving existing stores,...

Retailers deserve a break – but they shouldn’t look to the chancellor for one

While the farmers took to the streets of Westminster, the shopkeepers protested in the old-fashioned way. They wrote...

Boohoo rejects criticism from Frasers Group as ‘inaccurate and unfair’

Boohoo has hit back against Frasers Group , which is attempting to install its founder, Mike Ashley, as chief executive, describing Frasers’ criticisms of...

Shoplifting offences in England and Wales at highest level on record, ONS figures show

Shoplifting offences reported by police in England and Wales have risen to a fresh 20-year high, according to official figures, as retailers continue to...

Frasers Group calls for Mike Ashley to replace Boohoo chief

The Sports Direct owner, Frasers Group, is attempting to install its founder, the retail tycoon Mike Ashley, as chief executive of Boohoo, as he...

Frasers Group criticises management of Mulberry after ditching takeover plans

Mike Ashley’s Frasers Group has criticised the management of Mulberry as it walked away from its attempts to take over the luxury handbag maker...

Mulberry rejects fresh bid from Mike Ashley’s Frasers Group as ‘untenable’

The British luxury handbag retailer Mulberry has rejected an increased £111m bid from Mike Ashley’s Frasers Group, describing it as untenable.Frasers, which already owns...

Boohoo boss to step down as review launched that could spark breakup

Boohoo’s chief executive is stepping down as the online fashion retailer launches a strategic review of its brands, which include Debenhams, Karen Millen and...