M&S to cut 525 jobs

Sam Chambers|Published

Marks & Spencer Group is set to scrap about 525 head office jobs as the UK’s largest clothing retailer moves to cut costs amid weak sales.

Tesco’s revival gains momentum

Sam Chambers|Published

Grocer Tesco reports a second straight quarter of UK sales growth - the first time it’s done so in five years.

M&S dips as plan to revive clothing hits profit

Sam Chambers|Published

Marks & Spencer chief Steve Rowe’s strategy to reboot the UK retailer’s moribund clothing business gets a cool reception from investors.

Trouble simmers for Tesco chief

Sam Chambers|Published

Tesco chief executive Dave Lewis is ending his first full year at the helm with the stock at an 18-year low.

Chaos-free Black Friday for UK

Sam Chambers|Published

UK retailers breathed a sigh of relief as Black Friday started without the mayhem that characterised the event last year.

BAT fends off smoke critics

Sam Chambers|Published

British American Tobacco reports estimate-beating earnings as a smaller-than-expected decline in cigarette sales offsets the strong pound.

Strong pound weighs on tobacco titan

Sam Chambers|Published

British American Tobacco reports decline in first-half earnings as strength of the pound hampers international growth.

Tesco reports record annual loss

Sam Chambers|Published

British supermarket company Tesco has reported the biggest annual loss in its 96-year history.

Majestic buys Naked Wines

Sam Chambers|Published

Majestic Wine is set to acquire online retailer Naked Wines to expand in Britain and internationally.