#retail

The outcome of a $10 billion six-month battle to buy British supermarket chain Morrisons (MRW.L) will be decided in a one-day auction on Saturday overseen by the Takeover Panel. The ...

J D Wetherspoon (JDW.L) fell deeper into the red for its fiscal 2021 and said it had like many other businesses found it hard to attract workers in some areas ...

Warehouses in Britain are having to pay up to 30 per cent more to recruit staff after a chronic shortage of workers exacerbated pressure on already buckling supply chains and threatened ...

With demand for toys at an all-time high, US suppliers and retailers are racing to outrun severe air, sea and land shipping snarls so Santa has a mountain of dolls, ...

British supermarket group Sainsbury’s (SBRY.L) will offer lower prices to customers using its digital loyalty scheme and self-scanner service, deepening ties with shoppers and cutting costs in the ...

Fashion brand Zara owner Inditex (ITX.MC) has outpaced Swedish rival H&M (HMb.ST) in its efforts to bounce back from the coronavirus crisis, with second-quarter sales rising ...

The battle for Morrisons (MRW.L), Britain’s fourth-largest supermarket group, is the most high-profile looming takeover in the country amid a raft of bids and counter bids, reflecting private ...

British online fashion retailer Boohoo said on Thursday it would invest 500 million pounds ($693 million) in the United Kingdom over the next five years, creating 5,000 jobs and increasing its ability to ...

British supermarket group Morrisons has agreed to an improved takeover offer worth 6.7 billion pounds ($9.3 billion) in cash from a consortium led by Softbank-owned (9984.T) Fortress Investment Group, it said on ...

Major drinks companies are making deals and reaching joint ventures to boost their offerings of spirits priced at $200-a-bottle and up, the fastest-growing segment in the $1 trillion global market for ...

Foot Locker will buy two smaller shoe store chains for a total of about $1.1 billion in cash, the footwear retailer said on Monday as it looks to expand its business ...

Coming under fire for Ben & Jerry’s decision to stop selling ice cream in Israeli-occupied territories, parent company Unilever sought to assuage concerns of several American Jewish groups, repudiating ...

McDonald’s BTS celebrity meals and crispy chicken sandwiches are expected to fuel a US sales increase of 24 per cent when the company reports second-quarter earnings on Wednesday, but analysts ...

Burberry (BRBY.L), the British brand seeking to replace departing boss Marco Gobbetti, said its like-for-like sales had risen above pre-pandemic levels, driven by new, younger customers and demand for ...

Greece’s largest retail electrical company, Kotsovolos is opening two shops in Cyprus nest week, promising a “unique shopping experience”. The company announced that its two state-of-the-art shops, in Nicosia ...

Morrisons has agreed a takeover offer from Fortress Investment Group, which values Britain’s fourth-largest supermarket operator at 6.3 billion pounds ($8.7 billion). The offer from Fortress, which is backed by Canada ...

The US private equity firm trying to buy Morrisons (MRW.L) should increase its offer to around 6.5 billion pounds ($9 billion) to merit engagement from the British supermarket’s board, according ...

British supermarket chain Sainsbury’s (SBRY.L)forecast a big rebound in underlying profit this year after a 39 per cent fall in 2020-21 as strong food sales during the pandemic ...

Morrisons on Thursday became the latest British supermarket group to be targeted by activist shareholders over the amount of unhealthy food it sells. Responsible investment group ShareAction said it, along ...

It would be unfair to exclude shops in malls from reopening during the first stage of relaxations, the Cyprus Chamber of Commerce and Industry (Keve) has said. Malls closed in ...

Many Larnaca shopkeepers are “financially devastated” because of government measures against the coronavirus, the Larnaca-Famagusta branch of the small shopkeepers’ union (Povek) said on Monday. Branch president Kyriacos Ambizas painted ...