Asda strikes deal to use Ocado software for home deliveries from next year UK’s third biggest supermarket will use tech of online grocer, which already provides support for M&S and Morrisons
Mutual retailer triples boss’s pay to £2.2m despite fall in profits OurCoop criticised by members after withholding annual profit-share payment despite soaring executive pay
Burberry boss could earn up to £12.2m under new bonus scheme as company rolls back climate goals Company, which paid boss Joshua Schulman £4m in year to March, becomes latest to extend deadline to become carbon neutral
EU fines Temu for failing to stop sale of illegal and dangerous products European Commission finds shoppers on Chinese website very likely to find unsafe items and imposes €200m penalty
UK heatwave triggers price rises for hot tubs and air conditioning units Of 11 seasonal items in Guardian price comparison, six hit highest price in last three months, with some nearly doubling in price in last week
Flying Tiger snapped up by Modella Capital amid fears for its future UK private equity investor with reputation for hard-nosed restructuring says it is backing existing management
Lidl overtakes Morrisons to become fifth largest supermarket in Great Britain German-owned discounter’s sales rise 8.8% year on year as households seek ways to keep bills down
Next boss warns over ‘dramatic fall’ in UK entry-level jobs Peer’s comments come as Milburn report is likely to find government has failed to tackle youth unemployment
B&Q blames sales dip on wet Easter but predicts heatwave gain DIY chain owner Kingfisher is top FTSE 100 riser as it sticks to full-year profit outlook
NS&I failures pile on the agony for bereaved families chasing missing premium bonds Errors and delays in tracing accounts at the trusted savings institution have compounded the stress of relatives losing loved ones
UK consumers likely to face higher prices ‘for many months to come’ Data shows even if Iran war ends, shop price inflation on rise, while only 16% of firms left unscathed by conflict
Rise in shoplifting and theft in UK finds nine in 10 retailers in rural areas targeted Exclusive: Research shows cost of crime for each affected business was on average £83,000 in past year
Squeals of horror over price caps – but how are we going to fix our broken food system? Global events and the climate crisis have left Britain’s food system dangerously exposed and in desperate need of an overhaul
Designer sues Australian Shopify over alleged ghost stores he claims copied his work 3,929 times Court action represents rare attempt to hold global platforms to account for allegedly hosting scam digital shopfronts
Is Cornwall’s newest high street an inspiring model, or a threat to nearby Newquay? Some locals fear Nansledan, touted as a blueprint for community-focused retail, is draining life from the town next door