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Trio including Xavier Niel prepare new rescue plan to compete with Czech billionaire Daniel Křetínský
A pandemic-driven decline in dating and reduction in discretionary spending weigh on sales
Scale helped the Spanish clothing retailer lift margins despite inflationary pressures
Spanish group now fourth most valuable clothing retailer by market capitalisation
Retail sector data points to reduction in discretionary purchases as consumers pay more for staples
Promised £450mn of extra equity comes from a warehouse sale and leaseback that was part of the original buyout
Retailer loses market value after cutting full-year guidance
US discount retailer warns customers are shifting to lower-margin essentials such as food
Jean-Charles Naouri’s questioning comes as retailer boss battles to save heavily indebted group from deteriorating financial situation
UK company hit by marketing and distribution problems in US
Stuart Rose says purchase of businesses from heavily indebted EG will help Asda’s push into convenience sector
Food cost growth eases slightly as lower energy costs filter through supply chains
More frequent and more violent incidents are being reported this year
Initiative aims to curb rampant food price inflation but has split Tory party and angered supermarkets
Quantity of goods bought rose 0.5% between March and April
Subcontinent’s biggest company will help Chinese fast-fashion group return with online licensing agreement
Retailer’s joint venture with online food retailer is a drag on the group’s recovery
Rising salaries could prolong the country’s bout of high inflation, warn economists
Food and clothing retailer plans to reintroduce dividend payments from November
Chinese-owned group relocates executives in renewed push of livestream shopping in US and UK
Group built by Jean-Charles Naouri set to begin official talks with creditors as wealthy investors circle
Controversial $16bn Flipkart deal gives Walmart an ecommerce edge
Former CBI president has denied three allegations about his behaviour but apologised in relation to a fourth
UK cannot decide whether food prices are egregiously high or problematically low
Diversifying from low-margin grocery sales is bearing fruit for America’s biggest bricks-and-mortar retailer
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