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Commuters are being hit by rail fares which have been rising at double the speed of wages since 2010, new research has shown. A report by the TUC and Action for Rail has indicated that, whilst fares have risen 25% in the last six years, average weekly earnings have grown by...

Fashion retailer GAP has announced that it has appointed Brian Goldner, CEO of Hasbro to join its board of directors. Mr Goldner has been bought in to help GAP turn around its falling sales figures as the business has reported a loss in revenue and profit for five consecutive quarters. Mr...

Supermarket chain Morrisons has revealed that non-executive director and chair of its remuneration committee, Irwin Lee, is stepping down from the board at the end of this month as he takes up his position as chief executive of Rustan Supercenters in his native Philippines. Morrisons chairman, Andrew Higginson, commented: "Irwin has...

Bookmaker group William Hill has rejected a new offer form 888 and Rank, dismissing it as "substantially" undervaluing the company. Rank and 888 had originally offered 339p per share, but this was said by the board of William Hill to be "highly opportunistic". Of the new 352p offer, Gareth Davis, chairman...

Discount retailer B&M has opened its latest garden centre, marking 100 sites opened since 2011. The company plans to open a further 10 garden centres before the end of the year. The latest store has created 80 jobs for the local economy. Simon Arora, B&M chief operating executive, said: “We are...

Online fashion retailer ASOS has been crowned most reputable fashion retailer according to a list provided by UK Rep Trak. The top three on the list also included Laura Ashley and Debenhams, with M&S in fourth place and Next in fifth place. The Rep Trak works on a company’s ability to deliver...

Sports retailer JD Sports has revealed that it will be opening a second store in London’s Oxford Circus, giving the company two outlets on both halves of Oxford Street. The new store which will be located above Bond Street station at 375-381 Oxford Street has been agreed on a 10-year lease...

Value retailer Wilko has appointed the former director of retail stores at Argos Anthony Houghton, as its new retail director. The move comes as Wilko prepares to expand in London and the South East, reportedly with plans to add prime high street locations to its portfolio, including Oxford St and Tottenham...

Chinese online retail group Alibaba has seen a sharp increase in sales across the world, with sales via mobile outstripping desktop sales. International sales increased by 123% to 1.1bn yuan ($165m, £127m) between April and June, whilst total sales rose 59%, its highest quarterly sales growth on record since its flotation...

Owen Smith the Labour leader candidate has requested a parliamentary investigation into the working conditions for staff at an ASOS warehouse. Mr Smith remarked that he was “concerned” ASOS was "imitating" Sports Direct which was also recently involved in controversy regarding working conditions for shop floor and warehouse staff. The GMB union...