The Competition Markets Authority (CMA) has said today that it believes the merger between Tesco and Booker could harm competition and will now commence a 24-week in-depth probe. The news follows a request from Tesco and Booker to “fast track” the investigation which was accepted by the CMA
Transactions made with debit cards have overtaken cash for the first time, making it the number one form of payment in the UK. The British Retail Consortium’s (BRC) annual Payments Survey, released today, also reveals that overall card payments accounted for more than 50 per cent of all retail transactions by volume.
Amazon once again had its biggest sales day in history, crushing the competition on both assortment and price. Here's what you need to know about Prime Day 2017.
Shareholders representing more than 7% ownership in the Canadian department store retailer support an activist investor's plan to sell off treasured real estate.
The children's apparel retailer is trying to shore up its balance sheet and focus on its most profitable stores and brand lines through the closures hashed out in bankruptcy court.
The Advertising Standards Authority (ASA) has chastised John Lewis for the second time this year following a “misleading” advert for a free sound bar.
Luxury fashion retailer Burberry has revealed growth in its first quarter as its new chief executive Marco Gobbetti settles into the role. In the three months to June 30, retail sales jumped three per cent to £478 million while like-for-likes rose by four per cent, both comfortably in line with positive predictions.
Store pickup of online orders can drive foot traffic, but retailers need dedicated staff and incentives, according to JDA’s Consumer Pulse Survey.