BREAKING NEWS

Retail trade

Business

Weak pound prompts price punch-up between Tesco and Unilever

Top UK retailer Tesco has settled a fight with consumer goods producer Unilever over price rises prompted by the weak pound following the Brexit vote.

Top UK retailer Tesco has settled a fight with consumer goods producer Unilever over price rises prompted by the weak pound following the Brexit vote.

Business

Eurozone shoppers not scared by Brexit vote

Euro zone retail sales rose more than expected in July, posting the largest monthly increase of the year despite the British vote in June to leave the European Union.

Euro zone retail sales rose more than expected in July, posting the largest monthly increase of the year despite the British vote in June to leave the European Union.

Business

Wal-Mart 'Primed' to go head-to-head with Amazon

Wal-Mart is fighting back against Amazon by offering free shipping for all items ordered online for a limited period around its rival's 'Prime Day' event.

Wal-Mart is fighting back against Amazon by offering free shipping for all items ordered online for a limited period around its rival's 'Prime Day' event.

Business

UK retail in rude health for now!

Retail sales in the UK are in rude health after a big April; the bonanza has run into May.

Retail sales in the UK are in rude health after a big April; the bonanza has run into May.

Business

Not hot to shop in the eurozone

Retail sales in the eurozone were unchanged in April from March and year-on-year growth slowed.

Retail sales in the eurozone were unchanged in April from March and year-on-year growth slowed.

Business

UK department store chain BHS to close with thousands of jobs lost

One of Britain's best known department store chains, BHS, is to close after attempts to find a buyer failed. More than 10,000 people will lose their jobs.

One of Britain's best known department store chains, BHS, is to close after attempts to find a buyer failed. More than 10,000 people will lose their jobs.

Business

Fashion retailers decide weather or not

Being on the cutting edge of fashion and staying in profit is a delicate balance for the world's big clothing retailers, and the weather is one huge factor that's completely out of their control.

Being on the cutting edge of fashion and staying in profit is a delicate balance for the world's big clothing retailers, and the weather is one huge factor that's completely out of their control.

Europe

EU to make online shopping easier with ban on geo-blocking

The European Commission has unveiled proposals which would make it easier for customers in the EU to buy online from other member countries.

The European Commission has unveiled proposals which would make it easier for customers in the EU to buy online from other member countries.

Business

New M&S boss says he has tough job ahead

The news boss of British retailer Marks and Spencer says he has got his work cut out to end five years of flagging clothing sales. Steve Rowe took up

The news boss of British retailer Marks and Spencer says he has got his work cut out to end five years of flagging clothing sales. Steve Rowe took up

Business

Euro zone retail sales better than expected

Official data shows Eurozone retail sales to be stronger than expected. The month on month figure went up by 0.2 percent in February, while the

Official data shows Eurozone retail sales to be stronger than expected. The month on month figure went up by 0.2 percent in February, while the

Business

Shoes for really lazy people, coming soon

Nike has finally unveiled the production version of its self-lacing shoes, as seen in the 1989 film 'Back to the Future' and they were demonstrated by football star Cristiano Ronaldo.

Nike has finally unveiled the production version of its self-lacing shoes, as seen in the 1989 film 'Back to the Future' and they were demonstrated by football star Cristiano Ronaldo.

Business

Zara owner Inditex to slow shop openings in online sales move

Inditex, the owner of brands Zara, Massimo Dutti and Bershka, is to slow the pace of new shop openings as it moves more towards online sales.

Inditex, the owner of brands Zara, Massimo Dutti and Bershka, is to slow the pace of new shop openings as it moves more towards online sales.

Business

UK retail sales surge in January

British retail sales growth surging at a much faster rate than expected in January, up by 2.3 percent from December and 5.2 percent better than January last year.

British retail sales growth surging at a much faster rate than expected in January, up by 2.3 percent from December and 5.2 percent better than January last year.

News

'Blonde bimbo' Barbie blossoms into 21st century woman

A major makeover for Barbie: the blonde bombshell is transformed into models its creators say are more relevant to the 21st century.

A major makeover for Barbie: the blonde bombshell is transformed into models its creators say are more relevant to the 21st century.

News

Apple sees iPhone sales 'falter'

China’s slowdown is even having an impact on technology giant Apple. The company has forecast its first revenue drop in 13 years and reported its

China’s slowdown is even having an impact on technology giant Apple. The company has forecast its first revenue drop in 13 years and reported its

Business

Alibaba set for weaker growth

Chinese e-commerce giant Alibaba is expected to post its weakest quarterly revenue growth on record when it reports later this week. That is

Chinese e-commerce giant Alibaba is expected to post its weakest quarterly revenue growth on record when it reports later this week. That is

News

European retailers strike early with sales after autumn disappoints

High street heaven for shoppers as stores offer clothing bargains after warm autumn, but fears about terror take the fun out of bargain-hunting in France

High street heaven for shoppers as stores offer clothing bargains after warm autumn, but fears about terror take the fun out of bargain-hunting in France

Business

Marks & Spencer opens first Beijing store

Marks & Spencer has opened its first store in Beijing, part of its strategy of focusing on flagship stores in China’s largest cities. Its 1,500

Marks & Spencer has opened its first store in Beijing, part of its strategy of focusing on flagship stores in China’s largest cities. Its 1,500

Business

Luxury group Prada's profits hit by Chinese slowdown

The Italian luxury goods maker Prada has reported a drop in profits of 38 percent in just one quarter. It’s been hit hard by falling sales in Greater

The Italian luxury goods maker Prada has reported a drop in profits of 38 percent in just one quarter. It’s been hit hard by falling sales in Greater

Business

The Force Awakens - as do Star Wars cash tills

The Force has awakened – and so have the cash registers. The seventh Star Wars film is tipped to become the year’s biggest box office success and a

The Force has awakened – and so have the cash registers. The seventh Star Wars film is tipped to become the year’s biggest box office success and a

News

Not 'Made in Israel': the row over new EU labelling rules

The European Commission’s (EC) decision that products made in the Palestinian territories should not be labelled “Made in Israel” has infuriated

The European Commission’s (EC) decision that products made in the Palestinian territories should not be labelled “Made in Israel” has infuriated

Business

Poor clothes sales hit Marks & Spencer's profits

Marks and Spencer has reported disappointing sales in clothing and homeware. Several factors have been cited for a 1.2 percent decline in general

Marks and Spencer has reported disappointing sales in clothing and homeware. Several factors have been cited for a 1.2 percent decline in general

Business

Rugby World Cup 'boosts UK retail sales'

Retail sales in Britain grew by their highest margin for almost two years in September – boosted by the Rugby World Cup according to the Office for

Retail sales in Britain grew by their highest margin for almost two years in September – boosted by the Rugby World Cup according to the Office for

Business

Greek bank shutdown in July prompts retail sales slump

Greek retail sales by volume fell 7.3 percent in July compared to the same month last year. The data published by the official statistics agency

Greek retail sales by volume fell 7.3 percent in July compared to the same month last year. The data published by the official statistics agency

Business

UK retail sales in slowdown

British consumers bought fewer household goods last month pushing the annual rate of spending growth for the quarter in the UK to its lowest in more

British consumers bought fewer household goods last month pushing the annual rate of spending growth for the quarter in the UK to its lowest in more

Business

Play-Doh and dinosaur toys help boost sales for Hasbro

Jurassic World-themed dinosaur toys and Play-Doh have helped boost sales for Hasbro. The toy maker has posted better-than-expected results with a

Jurassic World-themed dinosaur toys and Play-Doh have helped boost sales for Hasbro. The toy maker has posted better-than-expected results with a