United Kingdom

James Davey

Japan's Aeon signs up Ocado in online grocery bet

29 Nov 2019

TOKYO/LONDON Japan's biggest supermarket group, Aeon Co Ltd has hired British online grocery pioneer Ocado to develop its e-commerce business, hoping to fend off rivals such as Amazon as more customers buy groceries online. | Video

M&S poaches Tesco executive for top clothing job

22 Nov 2019

LONDON British retailer Marks & Spencer has appointed the chief executive of rival Tesco's F&F Clothing division to be the boss of its struggling clothing and home business, it said on Friday.

For British shoppers, November is the new Black Friday

22 Nov 2019

LONDON With harsh lessons learnt from past Black Fridays, British retailers are stretching promotions over several weeks, aiming to smooth out consumer demand and reduce the pressure on supply and distribution networks.

Kingfisher's deteriorating sales highlight new boss's tough task

20 Nov 2019

LONDON The new boss of Kingfisher criticised the British home improvement group's "organisational complexity" as it reported a worsening decline in quarterly sales, underlining the uphill task he faces to stem falling profits.

UPDATE 2-UK online electricals retailer AO pulls plug on Dutch business

19 Nov 2019

* Forecasts full-year results within analysts' forecast range

Asda blames Brexit uncertainty for sales dip

14 Nov 2019

LONDON Asda, the British supermarket arm of the world's biggest retailer Walmart, blamed lower sales in its latest quarter on Brexit uncertainty, saying it had negatively affected consumers' spending patterns.

Sainsbury's fears consumer hangover after Christmas splurge

07 Nov 2019

LONDON British supermarket group Sainsbury's expects to trade well in the run-up to Christmas but fears a consumer hangover in the new year if Brexit is unresolved, its boss said on Thursday.

Breaking up is too hard to do, says M&S chairman

06 Nov 2019

LONDON The idea of splitting British retailer Marks & Spencer into two companies - one for clothing and the home, and one for food - is "completely impractical" and not in the board's current thinking, Chairman Archie Norman said on Wednesday.

M&S turnaround held back by falling clothing sales

06 Nov 2019

LONDON Britain's Marks & Spencer reported a 17% drop in first-half profit, dragged down by falling clothing sales, but said it was confident it could fix its problems and return to growth, sending its battered shares higher.

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