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Fall of 3.7% far worse than the 0.6% decline economists expected
Company blames movements in exchange rates and rise in costs, including commodity prices
Both retailers give muted profit upgrades as they point to cost pressures
Food division posts highest ever festive sales
Sainsbury’s, JD Sports and Dunelm all benefited from festive spending after lockdowns the year before
Discounter says squeeze on household budgets is ‘top priority’ for most consumers
US officials sit down with Russian diplomats in Geneva today to reduce security tensions
High street favourite worth more than Boohoo and Asos combined after strong recovery
Bakery chain’s retail and property director will replace Roger Whiteside who oversaw its rapid expansion
Consumer spending rises 5.9% compared with 2019 as pandemic prompts lifestyle changes
Footfall down sharply for traditional Boxing Day sales as devolved administrations bring in tighter Covid curbs
Deal ends Weston ownership of UK-based department store after 20 years just as retailers face multiple challenges
Negative publicity is a reminder of the risks of schemes concocted with little thought of possible liabilities
Dire warnings of empty shelves have failed to materialise as many companies successfully navigate logistical challenges
Duke of Westminster-backed start-up ceases trading and cancels deliveries after failing to secure further funding
Retail sales beat expectations as shoppers buy gifts early to avoid being caught out by stock shortages
Investors pour billions of dollars into inflation-linked assets as prices continue to soar
Case alleges that German rival’s gold-flake infused light-up bottles infringe M&S design
US International Trade Commission’s ruling in favour of British group offsets mixed trading update
Shoppers go Christmas shopping early in anticipation of potential shipping and transport delays
Sainsbury’s the latest to open London shop as Covid accelerates trend to automation technology
Higher prices and more stingy discounts propel billions in sales at start of holiday season
Boots and Ocado among UK brands denying they ‘approved’ fintech company’s affiliate bitcoin scheme
Sales at retailer dip in most recent quarter but are higher than before the pandemic
Higher interest payments on debt also a factor despite boost in business activity fuelling tax receipts rise
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