London’s retail tourism industry achieved strong growth in 2016 as international tax free shopping spend in the capital climbed by 15% year-on-year.
Kraft Heinz turn screw on Unilever, Sainsbury’s boss on Kraft, Shoppers feel weight of inflation, Bill’s Restaurants serves up turnover leap, Business rates row grows, Brexit shopping bills cut, Supermarket giants attack medieval rates, Sainsbury's calls for fundamental reform, Dirty meat fears.
Supermarket chain Morrisons is looking to recruit more local food producers as a new report calls for the UK to be more self-sufficient in food production and new consumer research shows a growing appetite from British shoppers for more local food.
Clubhouse Golf, the golf equipment, clothing and accessories retailer, has seen private equity company Foresight Group invest £4 million in the business from the Foresight Regional Investment Fund.
Findel owned Express Gifts has entered into an agreement with the Financial Conduct Authority to provide £12.5 million redress to approximately 330,000 customers who were sold insurance in the past.
Fashion and home furnishings retailer Laura Ashley has said its full year profit will fall below market expectations after reporting a 3.5% drop in first half like-for-like retail sales.