Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • Wildfire smoke makes New York air quality worst in the world
    • US to link up with Taiwan and Japan drone fleets to share real-time data
    • British insurance salesman kept North Korea’s fleet ‘afloat’
    • ‘I compare it with Chernobyl’: Ukrainians confront consequences of dam disaster
    • Turkish lira slumps as new economic team starts ‘intentional devaluation’
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • FCA investigating Odey Asset Management
      • Telegraph titles set to be sold after Lloyds calls in receivers
      • Chris Licht out as CNN chief after series of stumbles
      • Lionel Messi says he will join Major League Soccer’s Inter Miami
      • Investors pull back support for green and social measures amid US political pressure
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      Most Read
      • Live news: Fed rates outlook in focus as US jobless claims hit highest since 2021
      • US Treasury’s $1tn borrowing drive set to put banks under strain
      • FCA investigating Odey Asset Management
      • Live news updates from June 7: Wildfire smoke blankets New York, China exports decline
      • Turkish lira slumps as new economic team starts ‘intentional devaluation’
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
      Most Read
      • The paranoid style in American politics
      • Tokyo could win ‘not China’ global hub status — but it must want it
      • Ivan Menezes, businessman, 1959-2023
      • The myth of the ‘Asian century’
      • Dam disaster complicates Ukraine’s counteroffensive
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      Most Read
      • Too good to be true? The fake recruiters targeting jobseekers
      • Anti-monarchist Graham Smith: The British royals are ‘tax-funded Kardashians’
      • Can a virtual PA turbocharge your career?
      • FT business books: what to read this month
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • How Crispin Odey evaded sexual assault allegations for decades
      • Five gadgets for the connected home
      • Why motorcycle gangs will end with a whimper, not a rev
      • ‘Woke’ and other bogus political terms, decoded
      • Roger Waters in fightback mode at London’s O2 Arena — review
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    Jonathan Eley

    Retail correspondent

    Jonathan was appointed acting longform editor in January 2023. His previous roles include retail correspondent, deputy head of the Lex column and personal finance editor. He also spent 12 years at Investors Chronicle, an FT group publication for private investors.
    Email Jonathan Eley @JonathanEley  on Twitter (link opens in a new browser window)

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Thursday, 25 May, 2023
      Marks & Spencer Group PLC
      M&S shareholders have reason to regret the Ocado tie-up

      Retailer’s joint venture with online food retailer is a drag on the group’s recovery

    • Monday, 27 March, 2023
      Pensions crisis
      Final salary pensions have been uniquely horrible for UK plc

      Schemes have held back wage growth, distorted decision-making and consumed incalculable amounts of management time

    • Thursday, 9 February, 2023
      UK housebuilding
      UK housebuilders’ profitability no less remarkable than BP’s returns

      A decade-long boom means developers are in far better shape than they were ahead of the financial crisis

    • Friday, 27 January, 2023
      Advice & Comment
      Why investors have largely shelved retail shares

      Shoppers have profited, but very few shareholders have

    • Tuesday, 17 January, 2023
      THG PLC
      Ecommerce group THG warns on profit for fourth time within a year

      Manchester-based company axes 2,000 jobs and plans to review ‘lossmaking categories’

    • Tuesday, 17 January, 2023
      Ocado Group PLC
      Ocado earnings forecast falls short of expectations as customers cut back

      Shares in UK retailer drop after Christmas trading fails to match rivals

    • Saturday, 14 January, 2023
      UK retail industry
      How UK retailers are defying the consumer gloom

      The country’s biggest players have been surprisingly upbeat — so far

    • Friday, 13 January, 2023
      Revolution Beauty
      Revolution Beauty accounts probe flags multiple concerns

      Investigation into online retailer finds problems around acquisition, sales and personal loans

    • Thursday, 12 January, 2023
      Marks & Spencer Group PLC
      M&S clothing sales hit Christmas high after years of pain

      Retailer reports largest share of clothing market in eight years

    • Thursday, 12 January, 2023
      Tesco PLC
      UK inflation may not have peaked, warns Tesco chief

      Supermarket chain reports 7% rise in UK sales as trading at M&S also improves

    • Wednesday, 11 January, 2023
      JD Sports Fashion PLC
      JD Sports profits boosted by young shoppers

      Sportswear group expects profits of more than £1bn next year

    • Wednesday, 11 January, 2023
      J Sainsbury PLC
      Sainsbury predicts full-year profits will be at upper end of forecasts

      Shoppers go ‘all in for the big Christmas dinner’ after 2 years of festivities disrupted by Covid

    • Tuesday, 10 January, 2023
      AO World PLC
      Electricals retailer AO boosts profit guidance

      UK group says it has benefited from change of strategy to focus on profitability rather than sales growth

    • Friday, 6 January, 2023
      ExplainerFood Prices
      Food price inflation: why companies are losing out

      Branded companies best placed to benefit as producers hit by energy and labour costs and retailers keep prices low

    • Thursday, 5 January, 2023
      UK retail results
      B&M upgrades forecast after strong December

      Discount retailer to pay £200mn special dividend after posting higher sales over Christmas

    • Thursday, 5 January, 2023
      Next PLC
      Next boosts profit guidance after beating Christmas forecasts

      UK retailer’s shares jump as it says cost inflation expected to peak in 2023

    • Wednesday, 4 January, 2023
      Dignity PLC
      Funeral provider Dignity in talks with consortium over £262mn takeover

      Cash offer represents a 23% premium to Tuesday’s closing share price

    • Wednesday, 4 January, 2023
      J Sainsbury PLC
      Sainsbury’s raises hourly pay to £11

      Move will cost retailer £185mn over course of a financial year

    • Wednesday, 4 January, 2023
      Wilkinson Hardware Stores
      Discount retailer Wilko secures fresh funding after pandemic hit

      UK employer of 16,000 had warned it could run out of cash by end of 2023

    • Tuesday, 3 January, 2023
      Aldi
      Aldi boosted by inflation and store openings

      Discount supermarket chain’s December sales 26% higher than 2021 when Omicron hit footfall

    • Monday, 2 January, 2023
      UK retail industry
      Shop closures in UK hit highest total for five years

      More than 17,000 stores shut their doors in 2022, equivalent to 47 a day, according to study

    • Sunday, 1 January, 2023
      News in-depthPrimark Stores Ltd
      Primark resists move online despite pandemic shock

      Discount clothing retailer says ecommerce would damage profitability as it remains committed to stores

    • Friday, 23 December, 2022
      News in-depthUK retail industry
      M&S and Waitrose fight it out for the shopping baskets of middle England

      Marks and Spencer has gained ground with new stores and its supply deal with Ocado

    • Wednesday, 21 December, 2022
      Wilkinson Hardware Stores
      Wilko appoints chief executive with wide restructuring experience

      Mark Jackson to join retail chain as it looks to safeguard its future with new credit facilities

    • Friday, 16 December, 2022
      Games Workshop Group PLC
      Games Workshop signs deal with Amazon for Warhammer films

      Fantasy games retailer’s shares jump on announcement

    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT ChannelsFT Schools

    Tools

    PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition

    Top sections

    • Home
    • World
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
      • Australia & NZ
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
    • Markets
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports

    FT recommends

    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Live Events
    • FT Forums
    • Board Director Programme
    • myFT
    • Portfolio
    • Today's Newspaper (ePaper)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In