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Struggling UK retailer launches probe into leaks relating to partial demutualisation
Retailer says combination of rising costs and stagnant sales will make 2023 ‘challenging’
Shoppers are trading down and buying less, hitting mid-market chains and makers of branded products
Retailer’s unusual structure not under threat, despite reports of plan to sell a minority stake, says chair Sharon White
Companies warn initiative will lead to higher costs for consumers without boosting environment
DIY retailers, despite their best efforts to shake off their cyclical label, remain vulnerable
Sales at retailer boosted by demand for energy and water-saving products
Any external investor would have to be comfortable with big staff bonuses in good years and a form of worker democracy
Sale of minority stake after 73 years as partnership would enable struggling retailer to invest
UK retail group struggles with inflation and falling sales
Former Hovis boss Nish Kankiwala takes on newly created role as partnership struggles with rising costs and losses
UK bakery chain warns of persistently high energy and wage bills
Chain shelves proposed sale of owner-operated UK coffee shops after opposition from franchise partners
Sales at luxury London retailer above pre-pandemic levels and Windsor framework seen as step forward on EU relations
Maker of Durex and Nurofen says sales also affected by tough price negotiations with retailers
Shares in UK online retailer fall 9% as analysts describe results as ‘awful’
Government seeks to reassure the public of ‘resilient’ supply chains
Supply chain breakdown has led to a shortage of vegetables but low prices are also to blame
Medium-term growth prospects justify bullish view of the shares
British Retail Consortium’s forecast comes as Asda and Morrisons ration purchases of fruit and vegetables
Also in this edition: Russian spring offensive, Rishi Sunak in Northern Ireland, Pentagon official visits Taiwan
Sales volumes were still down 5.1% compared with a year earlier
Luxury watch retailer says market sentiment hit a low point over the festive period
UK group vigorously defends lawsuit and brings counterclaim against German discounter
Purchase puts at risk 1,000 jobs at stationery chain and follows supermarket’s own shake-up affecting 2,100
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