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UK company hit by marketing and distribution problems in US
Stuart Rose says purchase of businesses from heavily indebted EG will help Asda’s push into convenience sector
Initiative aims to curb rampant food price inflation but has split Tory party and angered supermarkets
Quantity of goods bought rose 0.5% between March and April
Retailer’s joint venture with online food retailer is a drag on the group’s recovery
Food and clothing retailer plans to reintroduce dividend payments from November
End of duty-free shopping scheme following Brexit encourages spending elsewhere, brand chief says
Online fashion retailer expects to return to profit after cutting costs and reducing inventory
Research shows cost of offerings often marketed as budget surging even as they prove a hit with shoppers
CMA says grocers are not ‘sufficiently forthcoming’ with evidence to show they remain price competitive
But the retailer’s council did not support last year’s performance
Big Four firm probed over work on clothing retailer’s accounts
Many households cut purchases even as spending on entertainment rises
Forecast £1.4bn total spend this weekend welcomed by businesses hit by sluggish consumer demand
UK retailer needs rapid change, Nish Kankiwala tells staff, ahead of employee vote of confidence in turnround plan
Values guide German consumers’ shopping choices
Data ends two successive months of increases as high inflation, rising borrowing costs and bad weather curb spending
UK’s largest supermarket may have to cease using current design after it was judged too similar to that of rival
Jersey and Luxembourg filings reveal financial engineering behind the UK’s biggest leveraged buyout in a decade
UK’s largest supermarket group battles higher costs as it seeks to stay competitive on price
Barclays data shows 4% increase in card expenditure but points to households cutting back amid cost pressures
More expensive energy and higher wages have already cost the group £100mn
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
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