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Retail & Consumer industry

  • Wednesday, 11 September, 2024
    Rentokil Initial PLC
    Rentokil shares tumble 20% following profit warning

    World’s biggest pest control group hit by slowdown in North America in blow to activist investor Nelson Peltz

    A bedbug
  • Wednesday, 11 September, 2024
    Manchester United PLC
    Man Utd’s losses rise after tough season and costs of Ratcliffe deal

    Higher spending on players and wages has not yet translated into better results for football club

    Joshua Zirkzee of Manchester United shoots under pressure from Andy Robertson of Liverpool during the Premier League match between the two clubs at Old Trafford on September 1
  • Wednesday, 11 September, 2024
    The Gym Group Plc
    Rising membership and prices lift Gym Group back to profit

    Rebound comes amid improved outlook for budget-gym sector

    A Gym Group site in Stafford
  • Wednesday, 11 September, 2024
    LexUK retail industry
    UK fast fashion cannot match Shein’s style

    Rise of Chinese company has hurt Asos and Boohoo but many problems are of their own making

    Montage featuring three models wearing fashion clothing and the logos of Boohoo and Asos
  • Wednesday, 11 September, 2024
    Heathrow Airport Holdings Ltd
    Heathrow reports record summer as it considers new push for expansion

    Airport’s highest-ever passenger numbers leave it operating close to capacity

    Visitors wait for airline passengers in the arrivals hall at Heathrow airport’s Terminal 5
  • Tuesday, 10 September, 2024
    Starbucks Corp
    New Starbucks chief pledges to end ‘drift’ from its coffee house roots

    Brian Niccol signals shifts from predecessor’s strategy in first details of turnaround plan

    Brian Niccol, chief executive of Starbucks
  • Tuesday, 10 September, 2024
    Seven & i Holdings Co Ltd
    US regulator signals doubts about proposed Circle K and 7-Eleven deal

    Merger of convenience store and petrol station chains would create one of the largest retail groups in America

    Circle K petrol station in Toronto
  • Tuesday, 10 September, 2024
    UK immigration
    UK to require £10 travel permits for EU and US citizens

    Government says expansion of electronic travel authorisation scheme designed to ‘enhance security’

    Passengers queue at passport control at Gatwick airport as Border Force officers check their passports.
  • Tuesday, 10 September, 2024
    F1
    Aston Martin F1 signs ex-Red Bull aerodynamics expert Newey in £20mn deal

    Car designer stands to make more than most drivers on the grid

    Lawrence Stroll, Executive Chairman, Aston Martin Aramco Formula One Team (right) with Adrian Newey
  • Tuesday, 10 September, 2024
    LexAldi
    Have we finally reached ‘Peak Aldi’?

    Despite continued store openings, the discount chain’s focus seems to be shifting to profitability

    A view of fruits and vegetables on offer in an Aldi in London
  • Tuesday, 10 September, 2024
    LexAlibaba
    Alibaba will get a boost from China’s mainland traders Premium content

    Chinese retail investors are a formidable force and known for their enthusiasm for tech names

    A company logo of Alibaba at its office building in Beijing, China
  • Monday, 9 September, 2024
    TGI Fridays Inc.
    TGI Fridays’ UK franchise owner abandons takeover of US chain

    London-listed Hostmore scraps proposed £177mn deal after American company loses control of key assets

    TGI Fridays signage
  • Monday, 9 September, 2024
    LexSeven & i Holdings Co Ltd
    7-Eleven bid is the next stage in revitalising corporate Japan Premium content

    Size of potential takeover likely to spark antitrust concerns in both US and Japan but deal makes sense for Couche-Tard

    Two customers exit a 7-Eleven store in Kobe, Japan
  • Monday, 9 September, 2024
    Seven & i Holdings Co Ltd
    Circle K owner still wants ‘friendly’ 7-Eleven deal after $39bn offer rejected

    Shares in Seven & i rise on hopes of improved offer from Canada’s Alimentation Couche-Tard

    People walk past a 7-Eleven convenience store in New York
  • Monday, 9 September, 2024
    Aldi
    Aldi’s UK operation posts jump in profits despite recent market share fall

    Chain plans to open 23 new UK sites before end of the year

    Customers with shopping trolleys leave an Aldi supermarket in Ipswich, UK
  • Monday, 9 September, 2024
    Fortress Investment Group LLC
    Fortress to buy Japan’s eccentric Hawaii-themed hot springs resort for $100mn

    Tourist attraction 50km from site of Fukushima nuclear plant includes world’s largest onsen and hula-dancing troupes

    A screenshot from a Spa Resort Hawaiians advertisement video showing three women wearing leis and orange and green dresses, with a water park in the background
  • Monday, 9 September, 2024
    OCI Chemical Corporation
    OCI hits $11.6bn in sale proceeds with disposal of methanol unit

    Nassef Sawiris-led chemicals group agrees $2bn sell-off to Methanex as part of ambitious break-up plan

    A portrait of Nassef Sawiris sitting at his desk
  • Sunday, 8 September, 2024
    UK tax
    Small businesses dodge £4.4bn of UK tax each year

    Spending watchdog says HMRC lacks a strategy to combat problem

    People walk by HM Revenue & Customs building
  • Sunday, 8 September, 2024
    Greece
    Greece cracks down on excessive tourism

    Curbs on short-term rentals and cruise ship traffic could damage crucial sector, warns hospitality industry

    Tourists gather at the village of Oia, on the Greek island of Santorini, to watch the sunset, in July
  • Saturday, 7 September, 2024
    Agricultural commodities
    Orange juice squeezed by Brazilian drought

    Futures prices are almost three times above those of two years ago as crop disease hits yields

    Brazilian orange orchard
  • Saturday, 7 September, 2024
    Manchester City Football Club PLC
    Manchester City closes transfer spending tap — but hopes wins will keep flowing

    Club that once dominated England’s transfer market opts to rely on current, strong squad

    Pep Guardiola poses for a photo with the trophy and Khaldoon Al Mubarak, the chairman, Ferran Soriano, chief executive officer and Aitor Txiki Begiristain, director of football at Manchester City.
  • Saturday, 7 September, 2024
    Investments
    Directors’ deals: GlobalData boss sells another £22.5mn of stock

    Once heavily indebted, analytics provider now sits on a cash pile of £188mn

  • Friday, 6 September, 2024
    ObituaryBetty Halbreich
    Betty Halbreich, personal shopper, 1927-2024

    Stylist to Manhattan’s elite at Bergdorf Goodman, she was famous for her frank critiques and indifference to how much clients actually spent

    A middle-aged woman stands in a department store
  • Friday, 6 September, 2024
    The FT ViewThe editorial board
    Fans look back in anger on dynamic pricing

    The practice is legitimate — but Oasis affair shows sellers must use it with care

    An Oasis fan walks past a new mural in Manchester  depicting Liam and Noel Gallagher of Oasis
  • Friday, 6 September, 2024
    Vinted
    TPG in talks to buy stake in Vinted at €5bn valuation

    US private equity group’s interest highlights growing demand for second-hand goods from consumers and investors

    A shopper looks at Vinted on a mobile phone
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