Boohoo boss to step down as retailer launches brand review 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...
‘Shop like our nan!’ Call for supermarket ban on plastic packaging for fresh goods
Supermarkets should be banned from selling fresh produce such as bananas, apples and potatoes in plastic packaging so we can go back to shopping...
Tesco signs deal to buy enough solar energy to power 144 large stores
Tesco has struck a deal to buy enough solar power to run 144 of its large supermarkets, buying almost two-thirds of the entire electricity...
Walgreens to shut 1,200 US stores with stock trading near 30-year lows
Walgreens Boots Alliance said on Tuesday it would shut 1,200 stores over the next three years as new CEO Tim Wentworth plots a turnaround...
Mike Ashley’s Frasers Group takes £10m stake in online retailer THG
Mike Ashley’s Frasers Group has become an investor in online retailer THG as part of a near-£100m fundraising to spin off the lossmaking technology...
Ikea says cutting prices ‘remains a priority’ after UK sales slide
Ikea has said price cutting “remains a priority” after sales at its UK business fell last year as hard-pressed shoppers cut spending on furniture...