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Retail

  • Aldi snaps up abandoned London psychiatric hospital to turn it into supermarket

    April 15, 2026

    Aldi has snapped up an abandoned London psychiatric hospital, City PM can reveal, in the latest sign discount supermarkets are getting increasingly creative in their search to acquire land to expand their UK footprint. The German grocer, which has over 1,000 stores in the UK but hopes to increase this by as many as 500, [...]

  • Procook sales surge as young Brits get taste for dinner parties

    April 14, 2026

    Procook has toasted surging sales as the kitchenware retailer cashed in on young Brits’ growing appetite for hosting dinner parties. The London-listed firm posted sales of £85.5m for the year to end March, a rise of just under a quarter on the previous year and ahead of market expectations of £83.5m, after demand outperformed the [...]

  • OK computer: will AI be telling you how to shop?

    April 14, 2026

    Hyped as a “seamless” user experience and an opportunity for retailers to access “hundreds of millions” of consumers via ChatGPT, OpenAI walked back from its Instant Checkout shopping function at the end of March, just months before unveiling it.  The tool would have allowed users to complete purchases entirely within ChatGPT, but the Silicon Valley [...]

  • High street spending gets ‘much-needed boost’ but cost alert sent to shoppers

    April 14, 2026

    High street spending in March remained robust though travel companies suffered from holidaymakers’ fears about organising a trip to the Middle East, research has suggested.   Retail surveys have suggested that high street shops were boosted by shoppers’ Easter hunt for food, computers and toys last month. Research by the British Retail Consortium (BRC) suggested that [...]

  • Easter boosts high street footfall but retailers hold their breath

    April 10, 2026

    Retail footfall jumped in March as Easter boosted shopping activity, but business leaders fear tax and employment costs could yet cause havoc. Total footfall in the UK increased by 2.4 per cent last month, according to trade body the British Retail Consortium (BRC), offering a welcome boost for retailers after wet weather drove shoppers away [...]

  • Co-op merger to bring huge shakeup to retail and funeral giant

    April 9, 2026

    The Co-op Group is preparing to takeover the Southern Co-op, in a merger which would bring a major shakeup to the retail and funeral giant in its bid to move on from a crushing cyber attack. The deal would see the group snap up around 300 food stores, funeral branches and Starbucks coffee shops. The [...]

  • Energy bills threat recedes but retail and hospitality remain on brink

    April 8, 2026

    Retail and hospitality leaders are optimistic that the Iran-US ceasefire could spare them from the worst energy bill shocks, but are urging the government to address an array of other cost pressures. British businesses had warned that the soaring energy prices caused by the war in the Middle East could be devastating if the conflict [...]

  • Businesses brace for costs as new workers’ rights kick in

    April 7, 2026

    Businesses across Britain are bracing for a sharp hike in costs and hiring struggles as the government’s new workers’ rights laws begin to take effect this week. The British Retail Consortium (BRC), a leading trade body, said the Employment Rights Act risks adding to an onslaught of rising cost pressures facing firms, including wage hikes [...]

  • Iceland boss offers job to Waitrose worker who tackled shoplifter

    April 7, 2026

    The boss of Iceland has offered a job to a man who was sacked by Waitrose after he prevented a shoplifter from attempting to steal luxury Easter eggs.  Richard Walker, boss of the budget supermarket chain, posted on LinkedIn telling Walker Smith, the shop assistant sacked by Waitrose: “You’re welcome to a job with us. [...]

  • Labour to curb jail terms for shoplifters as retail crime fears grow

    April 4, 2026

    Labour’s plans to scrap most prison sentences of under a year will see thousands of prolific shoplifters avoid jail, in a move that risks intensifying pressure on retailers already warning of rising violence and disorder. The changes, introduced under the Sentencing Act, mean around 98 per cent of shoplifters currently in custody would instead qualify [...]

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