Costcutter owner calls for more mergers

A Costcutter store in West Yorkshire
©Costcutter

‘Smaller number of big players’ needed, says Sir Michael Bibby

‘Do it for me’ culture threatens DIY

Fewer young consumers have the desire to tackle DIY

Amazon starts to book UK sales in Britain

Shift over Luxembourg deal brings revenues in reach of taxman

Wine trade chases shrinking UK profits

Decline in consumption and supermarket price war spell trouble

Week in Review

Week in Review, May 23

Deutsche Bank under fire; John Malone, BP and M&S also in the news

UK pound store growth faces hurdles

Shifting landscape driving consolidation among discounters

Zanetti eyes expansion with Milan listing

Family-owned Italian coffee group lays out ambitions

Tesco pays Lewis £4.1m for first 6 months

Supermarket group could claw back payments made to former CEO

Budgens

Booker: boring but brilliant

Wholesaler’s purchase of Musgrave will increase exposure to south-east and add scale

online shopping advertising

YouTube to allow users to buy within ads

Consumers will be able to link to brand websites in one click

Mothercare stems UK sales slide

UK buggy and babywear continues overseas expansion

Retail sales recovery cheers pound

High street stocks help FTSE 100 eye return to record highs

UK retail sales bounce back in April

Figures boosted by shopping for summer clothes in good weather

Booker snaps up Budgens and Londis

Food wholesaler seeks to combat rise of discount supermarkets

Thomas Cook draws public outrage

Final error bosses made was failing to meet the Shepherds

M&S sees first profits rise in four years

Retailer pledges £150m cash return this year via share buyback

Burberry checked as HK spending falls

Group’s hopes for 2016 also hit by currency movements

Strong dollar and wage rises hit Walmart

US retailer’s shares drop 4% as sales and profits miss forecasts

Sainsbury Bank strikes Western Union deal

US group to offer money transfer services in retailer’s stores

Cranswick sales top £1bn

Pork producer reports fall in pre-tax profits as pig prices drop

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