Asda has suffered eight months of falling sales despite a heatwave-fuelled spending boom across rival supermarkets.

Christmas 2021: Terry Smith was on top of the world.

Investing.com -- The UK government announced £65 million ($88 million) in support for farmers facing widespread drought and declining crop yields, Bloomberg reported on Friday evening.

If confirmed, Aldi, Lidl GB and Lidl NI would be subject to the Groceries Market Investigation (Controlled Land) Order 2010.

Luxury, the maisons will tell you, is not like other industries. While lesser consumer goods makers can get ahead by trimming costs and undercutting...

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) reported second-quarter results marked by higher partner revenue, distributable cash flow growth and a record net book value, as investments made over the past 18 months began contributing more fully to results. Chief Financial Officer Amanda

Alaris Equity Partners Income Trust (ADLRF) reports strong Q2 2026 results with record net book value per unit of $25.83 and a 42% increase in net distributable cash flow.

When I covered the steel industry for the Journal in the early ’90s, AK Steel CEO Thomas Graham was still known as the “Smiling Barracuda” because of the cuts he’d made running U.S. Steel. Jack Welch was called “Neutron Jack.” It’s a playbook, which involves more than slashing head count, that he used to pull British retailer Tesco out of a serious slump.

The world's largest spirits maker has scrapped its medium-term growth target as new CEO Dave Lewis moves to reset performance after years of stagnant sales.View on euronews

WPP PLC (WPP) reports sequential improvement in Q2, strong new business wins, and strategic investments in AI and high-growth areas despite ongoing client losses and margin pressures.

It came as the drinks giant, which also makes Gordon’s gin and Baileys, revealed weaker sales and profits for the past year.

Guinness owner Diageo has unveiled a $1bn (£750m) cost-cutting drive under retail veteran Sir Dave Lewis, its new chief executive.

Guinness owner Diageo has unveiled a $1bn (£750m) cost-cutting drive under retail veteran Sir Dave Lewis, its new chief executive.

Major retailers on London's high streets are using new technology from the Metropolitan Police to catch shoplifters. It allows them to submit CCTV footage, witness statements and other evidence directly to officers within minutes, allowing the biggest force in the country to track, arrest, and build cases against offenders more quickly. Tesco, Boots, Marks & Spencer and Greggs are among the retail giants already using the tech, which they access via subscription, across several London boroughs, including Westminster, Hammsersmith and Fulham, and Greenwich.

Tesco PLC (LSE:TSCO), J Sainsbury PLC (LSE:SBRY) and other UK supermarkets are better placed than peers in other countries as food prices rise faster than before the pandemic and shoppers eat at home more often, according to UBS. The investment bank questioned whether the long-term global...

The newly installed boss of Diageo has poached a senior Procter & Gamble (P&G) executive to join his leadership team, days before he unveils a revival plan for the maker of Guinness and Johnnie Walker. Sky News has learnt that Sujay Wasan, the head of P&G's oral care business in North America, is joining the FTSE-100 alcoholic drinks company as the head of its Asia-Pacific operations.

Wildfires and extreme weather are putting Britain’s food supplies at risk, the bosses of Britain’s biggest supermarkets have warned.

It's the ultra-cheap online fast fashion retailer that has taken the world by storm. The UK is planning a similar charge as part of plans to help protect domestic retailers from the deluge of cheap international competition.

Wind Point Partners-backed Assisi has built up its portfolio through M&A since the business was set up in 2020.

Under the new arrangements with Uber Eats and Deliveroo, customers will be able to order from thousands of Tesco lines.

The business said the new funding will be used to “deepen its UK retail presence, with a particular focus on the fast-growing convenience channel”.