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Secondhand Prada and cooking lessons? John Lewis gambles £800m on store makeovers

The retailer plans a dramatic rethink of the chain, to include spas, boutiques and talks by authors, after deciding ‘shops are here to stay’

Shoplifting offences in England and Wales at highest level on record, ONS figures show

Total of 469,788 offences logged in the year to June 2024 as retailers warn about violent attacks on shop workers

Frasers Group calls for Mike Ashley to replace Boohoo chief

Ashley’s Frasers Group, which owns 27% of online retailer, seeks vote on overhaul to ‘set new course’ for future

Frasers Group criticises management of Mulberry after ditching takeover plans

Mike Ashley’s retail group says it ‘remains concerned about governance’ at luxury brand after final bid rejected

Sausage rolls meet £425 Cristal at Greggs champagne bar in Newcastle

High-street baker pairs high-roller drinks with savoury favourites at Fenwick department store

Woolworths and Coles blame suppliers and ‘outbreak of high inflation’ in fake discounts case

Supermarket giants appear in federal court in Melbourne for first time since ACCC launched action over alleged price increases and discount deals

Former Abercrombie CEO out on $10m bond amid sex-trafficking investigation

Authorities investigate allegations Mike Jeffries and others sexually exploited and abused young men at parties

Mulberry rejects fresh bid from Mike Ashley’s Frasers Group as ‘untenable’

Frasers had raised its offer from 130p to 150p a share, valuing the British luxury handbag maker at £111m

WH Smith to stock vinyl albums for first time since 1990s

LPs will be available in 80 high street shops across the UK to attract ‘seasoned fans and new listeners alike’

Serial returners send back £6.6bn of online purchases a year in UK, report finds

Industry bodies say over-ordering is eroding profitability as big sellers clamp down on practice

Rain and slugs blamed for this year’s green-tinged Halloween pumpkins

It has been a nightmare season for farmers, with England said to have had its second-worst harvest on record

‘They’ve taken the heart out of Bolton’: the demise of the UK shopping centre

The rise and fall of Crompton Place is echoed in towns and cities across Britain, but there is no one answer to the knotty problem of replacing them

UK firms in ‘significant financial distress’ hits record levels; Gold rises over $2,700/ounce – as it happened

“Toxic effect of high inflation” is hurting businesses, reports Begbies Traynor

Boohoo boss to step down as review launched that could spark breakup

John Lyttle to stay as CEO of fashion group, which includes Debenhams and Karen Millen, until successor found

Most of Bella Freud’s Marks & Spencer collection sells out in a day

Retailer says designer’s 27-piece collaboration, launched on Thursday, will not be restocked

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  • Iran war escalation could trigger global recession, IMF warns
  • South East Water chief executive to forgo his bonus over ‘unacceptable outages’
  • Reeves arrives at IMF with little leeway to prove its UK downgrade wrong
  • Run the dishwasher, plug in the car: how Great Britain plans to use record wind and solar power
  • BP’s new boss to overhaul structure after retreat from green strategy
  • Jamie Dimon says private credit defaults are not threat to major banks
  • Democrat Ro Khanna to introduce bill to stop US gasoline exports amid Iran war
  • United Airlines CEO reportedly pitched merger with American, sparking competition fears
  • People in the US: how has the surge in gas prices affected what you do?
  • UK growth forecasts slashed by IMF as Iran war hurts global economy – as it happened
  • UK steel exports to EU at risk as bloc doubles tariffs and halves quotas
  • IMF warns ‘unprecedented’ energy crisis could trigger global recession as Australia prepares for G20 fuel talks
  • Nissan turnaround plan pins hopes on ‘AI-defined vehicles’
  • Telegraph takeover by German buyer cleared by culture secretary
  • ‘Nothing but tree skeletons’: record-breaking wildfires devastate US cattle country
  • Gina Rinehart and rival heirs brace for court verdict on claim to billion-dollar fortune
  • HSBC says Iran war is hitting confidence as businesses warn over economic risks
  • Gary Neville’s media group buys football YouTuber Mark Goldbridge’s channels
  • British Gas sent me a £571 bill for a flat I’ve never owned or lived in
  • Tuesday briefing: What needs to be done to tackle child poverty in the UK
  • Qantas raises fares and cuts domestic flights as travel patterns shift due to Middle East turmoil
  • Holidays take a hit as UK cost of living fears and Iran war bite
  • The UK needs more North Sea gas, not greater reliance on US imports
  • Great Britain households to be urged to use more power this summer as renewables soar
  • Oil price dips below $100 a barrel after Trump claims Iran wants deal
  • Plans to change HS2 train size could reduce capacity and speed in north, says expert
  • Judge dismisses Trump’s lawsuit against Wall Street Journal and Murdoch
  • Goldman Sachs chief ‘hyper-aware’ of risks from Anthropic’s Mythos AI
  • Oil price tops $100 a barrel as US blockades strait of Hormuz; Goldman Sachs posts rise in profits – as it happened
  • Meta creating AI version of Mark Zuckerberg so staff can talk to the boss

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