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

Company slashes profit outlook as it takes hit from blunder in North American division

Delivery company struggling to convince US chain Kroger, its most important customer, of the virtues of automation

Developers are turning to health-related activities as traditional stores hit by online retail continue to close

John Furner, the retail chain’s boss in the US, will succeed McMillion as global CEO after 31 January

British luxury brand urges chancellor to pursue ‘progressive policies’ in budget to increase spending sprees by foreigners

Some of this year’s Christmas must-haves also expected to appeal to older generations

Prices are rising fastest in markets such as chocolate confectionery, fresh meat and coffee, figures show

Products that fail fire safety checks, are counterfeit and breach laws protecting children targeted in raids in London

Industry body says shoppers are waiting for discount day, as Barclays reports falling consumer confidence

Barclay family set to lose another part of former business empire, once known as Littlewoods, to Carlyle Group

Boss of supermarket urges Rachel Reeves not to fuel inflation with tax rises on retailers and suppliers

Chief executive criticises chancellor before budget that could prove bigger threat to business than ‘the incident’

Since the 1990s, high fashion has sprinkled stardust on the high street – now collabs also help struggling designers