UK Retail

The 'Beast From The East' Shreds UK Spring Retail: Gadfly

It's snowing outside. Get ready for the flurry of retailer profit warnings. The so-called 'Beast from the East' has sharpened its claws just as consumer...

Asda, M&S Introduce Measures To Close Gender Pay Gap

Asda and Marks & Spencer are the latest UK retailers to report on their gender pay gap, ahead of a government deadline in April. Both retailers...

Tesco-Booker Merger Receives Strong Shareholder Approval

Tesco's £3.7 billion takeover of wholesale group Booker has been given the green light by shareholders – over one year since the deal was...

Bakkavor Sees Full-Year Revenue Growth Despite UK Inflation

Bakkavor Group, the UK-based provider of fresh prepared foods, has announced that it saw like-for-like revenue grow by 5.4%, to £1.8 billion, in 2017...

Tesco May Have Former Aldi Exec Working On Discount Retail Concept

The UK retail sector has been rocked by rumours that Tesco could be working on a new discount retail concept that would 'match or beat the German discounte...

Tesco's Booker Deal Could Leave It In A Value Pickle: Gadfly

On the eve of the shareholder vote on Tesco's near £4 billion takeover of Booker, a stand-off has developed between investors in both companies. A...

Greggs Sales Rise As Baker Adds New Stores, Products

UK bakery retailer Greggs has reported that total sales were up by 7.4% to £960 million in 2017, with like-for-like sales increasing by 3.7%. The...

Co-Op Faces CMA Investigation Into Nisa Acquisition

The UK's Competition and Markets Authority (CMA) has opened its investigation into the acquisition of Nisa Retail by the Co-op. The authority is conside...