Retail industry
Business
Next and the beautiful arithmetic of long-termism | Nils Pratley
Here is an absurdly mean-minded way to view Next’s advance towards annual profits of £1bn this financial year: since the retailer achieved almost half a billion (£498m) as long...
Asda
Stuart Rose gets hands-on at Asda. This can’t have been plan A | Nils Pratley
“We need a full-time fully experienced retail executive to come in,” said Stuart Rose, the chair of Asda,...
Business
An ingenious plan to revive THG, or too clever by half? | Nils Pratley
Matthew Moulding has muttered about spin-offs at THG almost from the moment he brought the Lookfantastic and Myprotein...
Business
‘We don’t want golf just to be for retired guys … it’s for everyone’: Nigel Oddy of American Golf
For most chief executives, a round on the golf course is a quiet Friday afternoon treat after the...
Business
B&Q owner Kingfisher reports weak demand for kitchens and bathrooms
The chief executive of Kingfisher, which owns the B&Q and Screwfix chains, has said demand for kitchens and...
UK retail sales pick up as shoppers seek picnic and barbecue food
Warmer weather lifted retail sales growth in the UK last month as shoppers grabbed grub for picnics and barbecues and kitted out their wardrobes...
Harrods owners hand themselves £180m more despite profit dip
The Qatari owners of Harrods have paid themselves the second £180m dividend in a row despite a 17% fall in profits at the Knightsbridge...
Students’ university shopping lists expand to include air fryers and steamers
It once included bedding, pots, pans and paracetamol. But it seems the checklist of university essentials now covers gadgets such as air fryers and...
‘People tend to think these battles have been won’: Next equal pay claimant on fight for recognition
During an average shift on the shop floor at Next, Helen Scarsbrook has to remain polite and keep smiling while she makes split-second judgments...
VAT should be cut on refurbished electricals, says Currys boss
The UK government should slash VAT on refurbished electrical products to keep gadgets out of landfill, according to the boss of Currys.
“It has already...