Scattered Spider hackers in UK are ‘facilitating’ cyber-attacks, says Google US retailers being targeted after attacks on Britain’s Marks & Spencer, the Co-op and Harrods
Is Burberry’s job-slashing shake-up enough to save the troubled brand? ‘Lacklustre’ designs and a slowdown in the luxury goods market have taken a heavy toll on the British fashion label
Walmart will have to raise prices this month due to Trump tariffs, execs say Retailer expects annual sales to continue to rise but ‘we aren’t able to absorb all the pressure’, CEO says
‘Aggressive’ hackers of UK retailers are now targeting US stores, says Google Alphabet warns of ‘Scattered Spider’, network of hackers reportedly behind cyber-attack against UK retail giant M&S
Burberry may cut 1,700 jobs globally to reduce costs as profits fall Struggling fashion brand to remove night shift at raincoat factory in Yorkshire, affecting about 170 posts
‘Greedflation’ fears rise as Bank official warns firms against price hikes Bank of England’s Catherine Mann wary of ‘pricing power’, with companies looking to rebuild profit margins by hiking prices
Co-op cyber-attack: stock availability in stores ‘will not improve until weekend’ Group in ‘recovery phase’ and working closely with suppliers after customers complain of empty shelves
M&S says some personal data was taken in cyber-attack Details taken are names, addresses and Marks & Spencer order histories, the Guardian understands
Warm weather and Easter weekend boosted UK spending in April, says Barclays Consumers shrugged off anxiety over effect of US tariffs as card spending grew by 4.5% year on year
UK food shops report ‘massive’ rise in pensioner shoplifting Kingdom Services boss says retailers seeing ‘different sort of shoplifter’ with more theft by people ‘who just can’t afford food’
Bicester Village at 30: how a wet field in Oxfordshire defied the death of the shopping mall With almost 100% occupancy and a waiting list for pop-up spaces, the Disneyland-inspired fashion mecca is bucking trends
From snail slime to salmon sperm: the K-beauty boom hits UK high streets South Korean skincare retailers want to capitalise on viral sales of beauty ranges by opening high street stores across the UK
Next sales buoyed by unusually warm spring weather in UK Fashion and homeware retailer continues winning streak with revenues £55m higher than expected
John Lewis’s chair Jason Tarry to earn more than £1.3m this year Ex-Tesco executive, who joined the group last year, earned £415,000 in his first four and a half months in the job
Co-op rushes to fix contactless payment issue in some stores amid cyber-attack fallout Chain says up to one in 10 stores was affected on Tuesday morning but issue now fixed in all branches