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Sales of clothes, drinks and tobacco rise in April
Higher prices stun consumers while cost and inventory pressures hit chains in dismal week
Plus, some optimism on sticky inflation
Index drops to minus 40, reflecting soaring inflation and raising the risk of recession
Approaches from Belerion and King Street rebuffed amid interest from property tycoon
Grim outlook will heighten investors’ concern over damage higher inflation is inflicting on corporate profits
Company blames mismatch on ‘bulky categories’ such as kitchen appliances, televisions and outdoor furniture
UK luxury label reports ‘significant disruption’ from Covid restrictions but expects strong rebound
Felicia Mayo will be the second executive to leave the role at the world’s largest sportswear maker in as many years
Stock of world’s largest retailer falls more than 11% as inflation hits profits
EG Group offered ‘materially’ more cash but position on creditors aided bid, say PwC documents
Online retailer’s existing plan based on market capitalisation less likely to pay out
Payments using gestures have struggled to gain widespread adoption among consumers
I am a British expat living in Spain
Online furniture retailer says supply chain disruptions are hitting business
UK bakery chain cites shift in working patterns caused by pandemic
The decline of bricks-and-mortar retail has been a catastrophe for malls. But landlords and local authorities are trying to ensure they have a future
San Francisco’s exodus of tech companies offers a warning for UK policymakers
Market Questions is the FT’s guide to the week ahead
Online retailers retain lofty growth ambitions even as costs surge
As inflation raises supermarket prices, higher interest rates will curb investment in innovation
Move follows days of criticism from Republicans that the White House is not doing enough to address crisis
Morrisons and EG Group’s tussle over McColl’s shows an industry surviving if not thriving
Retail sales record first decline in 15 months, with big-ticket items suffering particularly hard
Grocer prevails over petrol station operator EG Group and promises to take on all 16,000 staff
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