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Asda to cut 300 jobs under new plans


By Dalvinder Kular

Asda has announced changes which would see the loss of around 300 jobs and reduce pay for around 4,300 staff working the night shift.


H&M profits drop following Russia exit and higher costs

Swedish fashion retail giant H&M has revealed that operating profits slumped to around $80 million between September and November last year.

Vacant store figures 'continue to fall', research finds

There will be fewer vacant stores in the UK in 2023, new research has found. In the fourth quarter of 2022, the British Retail Consortium (BRC) found that the overall vacancy rate in the UK reduced to 13.8 per cent – an improvement of 0.6 per cent compared to the same period of 2021.

High Street footfall remains 'lower than pre-pandemic levels', research finds

UK High Street footfall in 2022 remained lower than pre-pandemic figures, new research has revealed. Springboard found that footfall across the UK was 14.2 per cent lower over the 12 months from January to December compared to 2019.

Bankrupt Americanas owes over $8 billion to creditors

The company entered bankruptcy protection last week after disclosing ‘inconsistencies’ in its accounting
CMA opens greenwashing investigation into Asos, Boohoo and Asda

The Competition and Markets Authority (CMA) has launched an investigation into 'green' claims made by Asos, Boohoo, and George at Asda about their fashion ranges.

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Zara owner to double number of disabled employees

Inditex, which owns brands including Zara, has said it will double the number of disabled employees to 1,500 over the next two years. The Spanish company says it aims to exceed quotas set for employing disabled people working across the world in its stores, warehouses and offices.

Amazon workers hold first ever UK strike

Workers based at a fulfilment centre in Coventry are to make history as they stage the first ever Amazon strike in the UK today.

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Talking shop: retail technology solutions from Brother
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