New Brexit Deal Reached for Northern Ireland: Windsor Framework Agreed
Prime Minister Rishi Sunak has reached a deal with European Commission President Ursula von der Leyen on new post-Brexit...
Monthly Archives: February 2023
Record Grocery Inflation and Its Impact on Consumers
Record grocery price inflation hits 17.1% as households face an £811 increase in annual bills, according to Kantar's analysis...
Pippa Wicks Departs John Lewis, Naomi Simcock Steps In as Interim Director
Pippa Wicks, executive director of John Lewis, steps down immediately, with Naomi Simcock taking over on an interim basis....
Ocado Group’s Losses Widen Amid Cost of Living Crisis Impact
Online grocer Ocado Group reported a £500 million loss amid the cost of living crisis, with retail revenues falling...
AO Upgrades Full-Year Guidance on Improved Margins and Cost Reduction Efforts
Online electrical retailer AO now predicts its adjusted EBITDA will be between £37.5m and £45m for the fiscal year...
UK Government Summons Supermarket Bosses Amid Food Shortages and Rationing
UK's Food Minister Mark Spencer summons supermarket bosses to address food shortages and rationing of certain fruits and vegetables....
John Lewis Appoints New Design Director to Simplify Home Trends
John Lewis appoints Charlotta Elgh as its first director of design for home, marking a shift in the retailer's...
Primark Owner ABF Raises Guidance Amid Strong Trading Performance
Primark's parent company, Associated British Foods (ABF), has unexpectedly increased its full-year guidance as sales surge 19% ahead of...
Adidas Sells Remaining Yeezy Stock in New Agreement with Kanye West
Adidas announces a new agreement to sell remaining $500 million worth of Yeezy sneakers, ending partnership with Kanye West's...
M&S Welcomes New Non-Executive Director Cheryl Potter to Board and Nomination Committee
In a recent announcement, Marks and Spencer has appointed Cheryl Potter as their new non-executive director, effective from March...