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Retail & Consumer industry

  • Thursday, 3 October, 2024
    John Gapper
    The price of private equity may be too high for Asda

    TDR Capital’s majority ownership of the struggling UK supermarket chain is a test for the industry

    The car park and frontage of an Asda superstore
  • Thursday, 3 October, 2024
    SSP Group PLC
    Upper Crust owner SSP blames Paris Olympics for slower Europe sales

    Food chain group says region was ‘behind expectations’ after some tourists avoided the French capital

    Upper Crust cafe in London, England
  • Thursday, 3 October, 2024
    British Land Co PLC
    Listed landlords gaining upper hand over private equity, says British Land boss

    Simon Carter says higher debt costs have levelled the playing field as UK property group buys several retail parks

    Exterior of Glasgow Fort shopping centre, which is owned by British Land
  • Thursday, 3 October, 2024
    Tesco PLC
    UK consumers in ‘good shape’ ahead of Christmas, says Tesco boss

    Britain’s biggest supermarket chain raises profit outlook on rise in sales as inflation eases

    Tesco staff work in a supermarket in London, arranging products on the shelves of the refrigerated ready meals section
  • Thursday, 3 October, 2024
    Markets InsightGerry Fowler
    The tailwinds for a European consumer recovery are building

    Interest rate cuts should support a rise in spending in durable goods

    A shopper packs groceries into their car boot at a Morrisons supermarket
  • Wednesday, 2 October, 2024
    LVMH
    LVMH strikes sponsorship deal with Formula 1

    French group’s foray into motorsport comes as luxury industry seeks to increase audience and popularity

    Lewis Hamilton, wearing a racing suit and a Pirelli cap, celebrates with champagne on the podium
  • Wednesday, 2 October, 2024
    JD Sports Fashion PLC
    JD Sports boss says Nike will weather storm as retailer sticks to outlook

    UK sportswear chain’s results follow gloomy update from key supplier

    A JD Sports store on Oxford Street in London
  • Tuesday, 1 October, 2024
    Nike Inc
    Nike withdraws full-year guidance ahead of CEO transition

    US sportswear maker’s quarterly sales fell 10% in a reflection of its retail struggles

    Nike logo
  • Tuesday, 1 October, 2024
    Greggs PLC
    Greggs blames riots and poor weather for slowing Q3 sales growth

    Bakery chain confident of its appeal to ‘savvy’ shoppers as it pushes ahead with expansion

    Exterior of a Greggs store
  • Tuesday, 1 October, 2024
    Personal & Household Goods
    Jellycat plans £58mn payday for owners

    UK cuddly-toy maker books 24% rise in pre-tax profits after selling more products online

    Jellycat soft toys in a toy shop in London, England
  • Tuesday, 1 October, 2024
    Mulberry Group PLC
    Mulberry rejects £83mn takeover bid from Mike Ashley’s Frasers

    Struggling UK luxury brand says offer does not recognise its ‘substantial future potential value’

    A Mulberry bag
  • Tuesday, 1 October, 2024
    Walmart’s terrible, horrible, no good, very badly timed JD.com block trade

    The market giveth, and the market taketh away

  • Monday, 30 September, 2024
    UK inflation
    Big retail discounts push UK shop prices lower in September

    Cost of living crisis shows signs of receding as stores try to lure back bargain hunters

    Shoppers on London’s Oxford Street
  • Monday, 30 September, 2024
    LVMH
    LVMH sells Off-White streetwear brand founded by Virgil Abloh

    Fashion label to be acquired by New York-based Bluestar Alliance

    Models walk the runway during the finale of the Off-White fashion show during New York Fashion Week
  • Monday, 30 September, 2024
    Virgin Australia Holdings Ltd
    Qatar Airways agrees to buy 25% stake in Virgin Australia

    Australia’s second-largest carrier would return to long-haul flying as part of the deal

    Virgin Australia planes lined up at departure gates at Sydney airport
  • Monday, 30 September, 2024
    Mulberry Group PLC
    Frasers Group makes £83mn offer for Mulberry

    Sports Direct owner seeks to avoid ‘another Debenhams situation’ with approach for British luxury brand

    Mulberry handbags displayed for sale
  • Monday, 30 September, 2024
    Watches
    What does Trump’s $100k watch tell us about the future of luxury goods?

    Think like a tourbillonaire

  • Monday, 30 September, 2024
    Fashion
    Want to shop smarter? There’s an app for that

    Price tracking and private sourcing tools are rising to meet the needs of canny shoppers

    Two young women look at a mobile phone screen while standing in a city street
  • Sunday, 29 September, 2024
    News in-depthSupply chains
    Freight rates rise as companies plan for costly US port strike

    Analysts say a stoppage from next week could cost the economy $5bn a day and raise prices for consumers

    A shipping container is offloaded from a container ship at the Port of Los Angeles
  • Sunday, 29 September, 2024
    Food diet
    Food businesses and investors call on UK to tackle unhealthy diets

    Mandatory reporting and clear road map of reform needed, say retail giants and financial groups

    Beef burgers in a sesame seed bun with chips on the side
  • Sunday, 29 September, 2024
    News in-depthKroger Co
    America’s largest supermarket merger hangs on the fate of its workers

    Union’s opposition to Kroger’s $25bn purchase of Albertsons sparks doubts in local affiliate

    A butcher carries a tray of meat at an Albertsons brand Safeway grocery store in Scottsdale, Arizona
  • Sunday, 29 September, 2024
    Travel & leisure industry
    Guinness World Records to open London entertainment venue

    Publisher seeks to tap boom in people socialising through casual sports and other activities

    A rendering of the new Guinness World Records entertainment venue in London. The image shows a large, illuminated Guinness World Records emblem in the center, surrounded by displays of record books and memorabilia. Several people are viewing the exhibits, including a family with two children and other visitors. The floor features the text "VS LONDON."
  • Sunday, 29 September, 2024
    InterviewFood & Beverage
    Bacha Coffee to open on Paris’s Champs-Elysées as it fends off rivals in Asia

    Singapore-headquartered company pursues international expansion while battling fierce homegrown competition

    The exterior of a Bacha Coffee store in Singapore, featuring a grand entrance with illuminated arches and a large sign displaying “Bacha Coffee 1910 Marrakech”
  • Saturday, 28 September, 2024
    Agricultural commodities
    Global egg price surges as avian flu hits supplies

    Average prices are 60 per cent higher than in 2019, Rabobank estimates

    Prices for eggs are seen at a grocery store in Chicago
  • Saturday, 28 September, 2024
    Worth it?Martyn James
    Are wine clubs worth it?

    If you don’t have the time to attend the best tasting events, a wine club may be for you. But what do you get for your money?

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