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Supermarket giant Tesco has said that Booker chief executive Charles Wilson will be appointed as chief executive of Tesco's retail and wholesale operations in the UK and Republic of Ireland once its merger with Booker Group is completed next month. Meanwhile, Matt Davies will continue as Tesco chief executive of the...

Carphone Warehouse founder David Ross is reportedly in talks with Jigsaw founder and controlling shareholder John Robinson about a rescue deal of the womenswear retailer. According to Sky News, Ross might invest several million pounds in Jigsaw, which is said to need at least £10 million as a reprieve from its financial...

Dune London has enjoyed a good start to the year off the back of a bumper 2017, when it recorded a sales uptick across the board. The British footwear retailer recorded an increase in like-for-like retail sales of 6.5 per cent for its autumn/winter season and a 5.2 per cent uptick for its...

JD Sports has received clearance from the European Commission for its purchase of Sport Zone which has a presence in Spain, Portugal and the Canary Islands. With other conditions to the transaction now satisfied, JD Sports formally completed its acquisition of Sport Zone on 31 January. The company said the acquisition will...

Shopping centre operator Hammerson saw a 0.4 per cent year-on-year increase in footfall across its UK shopping centres in 2017, outperforming the industry benchmark which saw a drop of 2.8 per cent. However, retail sales in 2017 decreased 2.6 per cent year-on-year in the UK, and for the month of December, store...

Amazon has announced a scheme to boost international trade after revealing £2.3 billion in sales for small British businesses over the past year. According to the online giant, UK sellers’ revenues shot up 28 per cent from £1.8 billion last year, with a large portion of these being sold abroad. 60 per cent...

Fashion lifestyle brand Joules increased its underlying pre-tax profit by 24.3% to £9.3 million in the first half of its financial year. In the six months to 26 November, statutory pre-tax profit was up 22.8% to £8.3 million while underlying EBITDA was up 22.5%. Group revenue rose by 18.2% to £96.2 million...

Lingerie and sex toy retailer Ann Summers has enjoyed a successful year of rising revenues and profits despite “acknowledging” that the economic environment was “challenging”. In the full year ending June 24, revenues at the British retailer rose 7.4 per cent to £109 million, while gross profits rose 3.4 per cent...

Consumer confidence saw a surprise boost in January as “bullish Brits” took a more optimistic view of the economy despite slow Brexit progress. According to GfK consumer confidence rose four points from a four-year low in December to minus nine in January. All five measures used to calculate consumer confidence rose including...

Amazon has announced plans to build a new warehouse in Rugby that will create 400 jobs to help meet growing demand for the online retail giant. The fulfilment centre in Rugby will be Amazon’s fourth in the Midlands, and will further add to the 2500 permanent jobs it has reportedly already...