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Debenhams boss could receive almost £150m if he turns around struggling retailer

Incentive scheme for CEO of fashion group, which also includes Boohoo, comes as sales slump 23%

Soup firm Campbell’s dismisses executive over alleged ‘poor people’ comments

Senior figure allegedly referred to customers buying ‘highly processed food’ and denigrated Indian employees

Relief for retailers as business rate changes in budget not as bad as feared

Sainsbury’s chief executive says ‘industry concerns have been heard’, although others outside retail industry are left frustrated by changes

Pets at Home boss says ‘urgent and necessary’ action needed as profits dive

Interim chair of group, which is still looking for a CEO, says chain must ‘return to our retailing roots’

B&Q owner holds firm – but others might struggle if a ‘softening’ retail market turns soggy

Kingfisher may be thriving, but its numbers mask a retail landscape that looks increasingly fragile as budget looms

FCA makes inquiries into WH Smith accounting error that wiped almost £600m off value

Regulator assessing whether firm breached UK disclosure rules for listed companies, but is yet to launch formal investigation

I went to an M&S opening and it was mobbed. Why are people so weird about shops?

I thought it would just be big news for me but I had reckoned without the TikTok generation, mums staring at the premixed cocktails and the yoga-mat brigade stalking every aisle, writes Zoe Williams

‘Replacing the old, stuffy department store’: John Lewis boss on its revamp

Peter Ruis discusses the chain’s £800m reboot, bringing ‘radical relevance’ – and that dance-driven Christmas ad

Black Friday discounts fail to offer cheapest prices, Which? research finds

Products sold by retailers including John Lewis and Very among those cheaper outside of November discount period

Falling stock markets and high shop prices hit US consumer confidence; rate cut hopes lift Wall Street – as it happened

Rolling coverage of the latest economic and financial news

Asos turns to AI stylists to win back shoppers after sales slide 12%

Online fashion retailer says action to cut discounts and deter ‘serial returners’ contributed to fall in sales

UK retail sales drop unexpectedly as shoppers await Black Friday and budget

Supermarkets, clothing stores and online mail order firms suffer sales declines as consumers delay purchases

UK is worst-performing market for JD Sports as youth unemployment hits sales

Lack of spare cash among under-25s feeds slide in sales with annual profits to be at lower end of expectations

Asda to raise £568m in store sell-off as sales continue to fall

Supermarket still losing market share despite effort under Allan Leighton to win over customers with price cuts

Ocado shares fall 17% after US partner announces warehouse closures

Online grocer had a deal with Kroger to build 20 customer fulfilment centres but three of the sites are to close

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  • ‘It’s fired people up’: support grows, including within Labor, for new gas tax to curb wartime profits
  • Blink and miss: Trump’s tactic of threats first and U-turn later is proving stale in Iran war
  • Brendan Carr: is Trump’s FCC chair uniquely powerful or a paper tiger?
  • UK car production falls 17% as industry warns of ‘worrying’ decline
  • Almost half a million Lloyds customers had personal data exposed in IT glitch
  • $30 an hour by 2030: new pushes to increase minimum wage in New York and California
  • Five firms including Autotrader and Just Eat investigated over fake review failings
  • I was paid to write fake Google reviews – then my ‘bosses’ tried to scam me
  • Governments controlling prices? It has long been unthinkable – but may now be inevitable
  • Trump signature to appear on US currency in first for sitting president
  • US markets see biggest slump since start of US-Israel war on Iran
  • The Guardian view on China and Iran: the war poses bigger questions for Beijing than where to get its oil
  • NS&I boss forced out as bank faces £470m payout over missing savings
  • The Middle East price shock hasn’t hit Next – yet
  • ‘Tehran’s tollbooth’: a visual guide to how a trickle of ships still passes through strait of Hormuz
  • NS&I chief executive replaced in ‘fresh start’ over missing savings crisis; bad day for markets – as it happened
  • War in Iran ‘not a Nato matter’, Finland president says in defence of alliance – as it happened
  • Next says Middle East conflict could raise clothing prices by up to 10%
  • Two salon owners wanted to go zero-waste. Could they do it and keep their business afloat?
  • Ministers vow to spend record £8.4bn on road maintenance in England
  • Starmer tells Travelodge boss to engage with MPs over sexual assault case
  • Octopus reports sharp rise in solar panel sales since start of Iran war
  • Sewage released into England’s rivers and seas nearly 300,000 times last year
  • Ticketmaster quietly raised other fees after US crackdown on hidden charges
  • Co-op boss quits after year marked by cyber-attack and claims of ‘toxic’ culture
  • Australian growth forecasts slashed as global economy faces inflation spike
  • Marriage over, €100,000 down the drain: the AI users whose lives were wrecked by delusion
  • Middle East conflict will damage UK’s economy ‘more than any other’

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