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Retail and Consumer industry

Liverpool scaffolder who started protein shake company lands £62m payday

A scaffolder from Liverpool has landed a £62m payday after listing his...

Mike Ashley launches boardroom coup attempt at arch rival’s fashion business

Both self-made fashion moguls, Mr Ashley and Mr Kamani have clashed over...

Ashley abandons Mulberry bid over handbag maker’s ‘difficult’ finances

The announcement follows weeks of speculation over the future of Mulberry, with...

Rayner’s workers’ rights overhaul to cost employers up to £5bn a year

Kate Nicholls, chief executive of UK Hospitality, which represents the sector, said:...

TikTok ‘shopping hauls’ leave retailers with £7bn in unwanted clothing

Younger shoppers are more likely to be “serial returners”, according to the...

Sainsbury’s trials bigger self-checkouts with conveyor belts

Simon Roberts, the chief executive, told The Grocer earlier this year: “As...

Greggs to open champagne bar for Christmas

Accompanying champagnes, meanwhile, will range from £10 to as much as £75...

Billionaire Mulberry owner has ‘no interest’ in selling handbag maker to Mike Ashley

Mr Ashley first bought into Mulberry in 2020 and has subsequently increased...

Shein overtakes Boohoo and closes gap on Asos as UK sales hit £1.6bn

Shein has overtaken Boohoo for the first time in Britain’s retail market,...

John Lewis chief executive to step down as chairman tightens grip

John Lewis has announced it is scrapping its chief executive position just...

Tesco lowering prices ‘as quickly as possible’ as inflation eases

Tesco is “lowering prices as quickly as possible”, its chief executive said,...

Ex-Harrods executive will not take Fenwick job amid Fayed sex abuse allegations

Executives who were working at Harrods at the time have come under...

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