Asda raises £568m from supermarket sell-offs
Asda has secured nearly £600m through sale-and-leaseback deals for its stores, using the funds to repay looming debt to former owner Walmart. Discover the supermarket's financial strategy.
Asda has secured nearly £600m through sale-and-leaseback deals for its stores, using the funds to repay looming debt to former owner Walmart. Discover the supermarket's financial strategy.
Asda plans to sell and lease back 24 stores and a distribution centre to raise £568m, a move analysts call a 'sign of weakness' as the supermarket continues to lose market share.
Asda is selling 24 supermarkets and a distribution centre for £568m in a sale-and-leaseback deal. No stores will close, and all staff will remain in place. Read more.
Marks & Spencer unveils two new London food halls in Clapham and Fulham this week, creating over 100 jobs and boosting festive shopping options. Get the first look inside.
WH Smith CEO Carl Cowling resigns following a critical Deloitte audit revealing major operational flaws. Discover how the stock reacted and what's next for the retailer.
Britons spent £3.6bn during Black Friday 2023. Our expert guide reveals how to find genuine bargains, avoid scams and shop responsibly this sales season.
Over 600 West End businesses launch the largest private security investment to combat phone theft and retail crime this festive season. Discover how Operation West End aims to keep shoppers safe.
WH Smith boss Carl Cowling resigns immediately after an accounting failure slashes profit forecasts by £30m. Read the full story on the retail giant's turmoil.
Interactive Investor quits the government's flagship retail investment campaign, dealing a major blow to Rachel Reeves' Leeds Reforms ahead of the Budget.
Overseas investors are flocking back to London's property market, with total investment set to exceed £14bn in 2025. Discover what's driving the capital's remarkable commercial real estate revival.
WH Smith's chief executive departs immediately following a major accounting failure in its North American division that slashed profits and wiped nearly £600m from market value.
Ocado's share price returns to its 15-year listing price after Kroger closes three automated US warehouses. Discover the challenges facing the UK delivery firm's expansion.
Ocado's value drops £350m after US partner Kroger shuts three automated warehouses, described as a 'near knock-out punch' for the UK online grocer.
Discover Broadgate Central, the City of London's first new retail and leisure destination in 15 years, featuring 28 brands. Explore the new hub now!
Bougie homeware brand Labour and Wait has opened its third London location in Covent Garden. The 3,000 sq ft store marks the brand's 25th anniversary. Discover timeless utilitarian goods.
Black Friday 2025 stretches into 'Black November', making real bargains harder to find. Discover which categories offer genuine savings and where to find better deals throughout the year.
Bold thieves stole £1,775 worth of clothing from Jovonna London while staff watched helplessly. Owner reveals shocking details of targeted robbery and police response concerns.
A West London shop has been shut down after repeatedly selling alcohol to underage girls, including one who ended up in intensive care. Read the full investigation details.
The Visa and Mastercard fee settlement promises lower costs, but could complicate payments and reduce rewards for UK small businesses and consumers. Discover the hidden consequences.
American consumers face difficult choices as Trump's new tariffs and persistent cost of living pressures impact holiday shopping budgets. Discover how families are adapting.
Guardian readers criticise John Lewis's Christmas advert as a cynical ploy exploiting family values to drive sales, questioning its portrayal of gender roles and masculinity.
Walmart CEO Doug McMillon announces retirement after a transformative decade. US chief John Furner to succeed him, leading the $800bn retail giant into a new era.
Victoria introduces tough new laws protecting retail and hospitality workers from violence. Learn how these measures will safeguard frontline staff across the state.
Burberry bosses call on Rachel Reeves to revive VAT-free shopping for tourists in the autumn budget, arguing it would boost the UK economy and luxury retail sector.
Poundland is set to close over a dozen UK stores, including eight this month, as part of a major restructuring plan. The chain is also axing its online service and loyalty programme.
New Australian housing finance data reveals investors are rushing into the market ahead of first home buyer scheme, driving prices upward in what experts call a policy failure.
Kim Kardashian's shapewear brand Skims secures $225m investment, reaching a $5bn valuation. Discover how the brand plans to expand its product lines and global presence.
Keira Knightley stars in Waitrose's 2025 Christmas advert, a four-minute romantic comedy. Is this sweet film destined to become festive overkill? Read our review.
B&Q CEO Graham Bell calls for no more tax surprises and business rates reform ahead of Autumn Budget. Retail leader warns crumbling growth needs foundation fix. Read the exclusive interview.
Private equity firms are aggressively pursuing new investors while current limited partners raise concerns about transparency and strategy alignment. Discover the evolving dynamics in private markets.