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Retail

  • Tesco nears crucial update as Iran war threatens food inflation

    April 15, 2026

    As the bosses of the country’s biggest supermarkets crowded into the chancellor’s office earlier this month, no voice will have been as loud as that of Ken Murphy, chief executive of Tesco.  Rachel Reeves summoned grocery executives to discuss how the Iran war will impact Brits’ weekly shops, and Tesco’s results tomorrow will pull back [...]

  • Aldi snaps up abandoned London psychiatric hospital to turn it into supermarket

    April 15, 2026

    Aldi has snapped up an abandoned London psychiatric hospital, CityAM can reveal, in the latest sign discount supermarkets are getting increasingly creative in their search to acquire land to expand their UK footprint. The German grocer, which has over 1,000 stores in the UK but hopes to increase this by as many as 500, [...]

  • Procook sales surge as young Brits get taste for dinner parties

    April 14, 2026

    Procook has toasted surging sales as the kitchenware retailer cashed in on young Brits’ growing appetite for hosting dinner parties. The London-listed firm posted sales of £85.5m for the year to end March, a rise of just under a quarter on the previous year and ahead of market expectations of £83.5m, after demand outperformed the [...]

  • OK computer: will AI be telling you how to shop?

    April 14, 2026

    Hyped as a “seamless” user experience and an opportunity for retailers to access “hundreds of millions” of consumers via ChatGPT, OpenAI walked back from its Instant Checkout shopping function at the end of March, just months before unveiling it.  The tool would have allowed users to complete purchases entirely within ChatGPT, but the Silicon Valley [...]

  • Can vapes save Imperial Brands?

    April 14, 2026

    Twenty years ago, tobacco companies were among the top performers on the London Stock Exchange, driven by consistent cigarette demand and aggressive global expansion. But the attitude towards smoking has since shifted, with the numbers of smokers in the UK dropping off the back of campaigns, the rise of vaping and public health policies. In [...]

  • High street spending gets ‘much-needed boost’ but cost alert sent to shoppers

    April 14, 2026

    High street spending in March remained robust though travel companies suffered from holidaymakers’ fears about organising a trip to the Middle East, research has suggested.   Retail surveys have suggested that high street shops were boosted by shoppers’ Easter hunt for food, computers and toys last month. Research by the British Retail Consortium (BRC) suggested that [...]

  • Google partners with Opentable with AI that books your dinner

    April 10, 2026

    Google has taken a swipe at the restaurant booking market, rolling out AI in the UK that can line up your next reservation directly from search. The new feature, launched on Friday, lets users describe exactly what they want, with Google’s AI then scanning the web for real-time availability and serving up bookable options in [...]

  • Dolce & Gabbana co-founder quits and mulls selling stake

    April 10, 2026

    The founder of the leading Italian fashion house, Dolce & Gabbana, has quit the label and is considering flogging his stake altogether.  Stefano Gabbana resigned as chairman in December, according to Italian corporate filings. The fashion mogul founded Dolce & Gabbana in 1985 with his then-partner Domenico Dolce, and the pair had remained in charge of its [...]

  • Easter boosts high street footfall but retailers hold their breath

    April 10, 2026

    Retail footfall jumped in March as Easter boosted shopping activity, but business leaders fear tax and employment costs could yet cause havoc. Total footfall in the UK increased by 2.4 per cent last month, according to trade body the British Retail Consortium (BRC), offering a welcome boost for retailers after wet weather drove shoppers away [...]

  • John Lewis boss takes 20 per cent pay rise as retailer cuts jobs

    April 9, 2026

    The new chairman of John Lewis took a pay rise and bonus despite the retailer cutting thousands of jobs.  Jason Tarry saw his basic pay rate increase by 21 per cent and took a two per cent bonus, despite his firm slashing more than 3,000 jobs last year. Tarry took the reins of the John [...]

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