Australian billionaire Brett Blundy wages high-stakes campaign to oust chair of Victoria’s Secret

Blundy’s investment firm, BBRC International, owns about 13% of the US-listed lingerie brand, giving it a potential platform to launch a hostile takeover

Mike Ashley’s Frasers makes €1.98bn takeover bid for Hugo Boss

Fashion and sportswear group, which owns 26% of the German luxury brand, is now seeking full control

WH Smith raises £100m as it warns on profits due to Iran war

Retailer plans to shut unprofitable stores as falling US airport traffic due to Middle East conflict hits trading

Weight-loss drug users save more than £400 a year on food as take-up triples

New research suggests GLP-1 users are buying fewer snacks and treats such as crisps and chocolate

UK’s biggest retailers urge government to act on youth unemployment

Bosses of M&S, Sainsbury’s and Tesco among those writing to Starmer that the ‘ladder of opportunity’ is wobbling

Cloned sites: the shopping scams that lead ChatGPT to fake stores

Buyers are ripped off after assuming online stores were genuine because they are recommended by an AI tool

‘Historic’: Canadian warehouse workers sign first-ever union deal with Walmart

Union says collective agreement is just the start of a broader fight to unionize major employers across the country

‘It’s not inevitable’: Asda chair on how his turnaround will hold off Aldi threat

Allan Leighton on government help, talk of a reheated merger with Sainsbury’s – and the vital role of bananas

British Heart Foundation to close 150 charity shops as costs rise

Shoppers turning to online options also affects BHF, which has carried out review of retail arm

UK shoppers return to high street as warm weather brings respite from shadow of war

British Retail Consortium figures show footfall rose in May, with consumer confidence improving after spending squeeze

Amazon expands ultra-fast deliveries in UK and adds same-day fruit and veg

Deliveries in 30 minutes or less coming to Manchester and Birmingham and fresh groceries service to start in London

UK car sales hit post-Covid high for May as Chinese EV makers gain ground

Registrations up 7% in the month, with battery EVs recording fastest growth and Tesla jumping 45% as motorists look to cut fuel bills

Lego launches Pokémon ‘smart’ bricks equipped for interactive battles

Tie-up between blockbuster toy brands offers hi-tech play sets that will allow fans to ‘feel like the trainer’

Zero-hours contracts: ministers’ detailed plans for UK ban criticised by firms and unions

Government says it would prefer workers to be guaranteed between eight and 20 hours a week based on regular hours

Gluten-free basics ‘now a luxury’ as price of a small branded loaf nears £4

People with coeliac disease say inflation and shrinking ranges are making food staples unaffordable