The once-dominant retailer will report on Wednesday one of the biggest ever losses by a UK company, Sky News learns. 00:03, UK, Wednesday 22 April 2015.
Strong trading at retailer Primark failed to boost Associated British Foods yesterday after the Silver Spoon-to-Ovaltine conglomerate warned annual earnings will fall due to the strong pound and weak sugar sales.
Supermarket bosses are facing calls for a competition inquiry after a consumer watchdog accused firms of ripping off shoppers with misleading offers and confusing prices.
The struggling payday lender Wonga will try to distance itself from its damaged reputation by launching different credit products under new brand names.
SHARES in Shoe Zone plunged yesterday after the discount shoe retailer issued a profit warning less than a year after its market debut, blaming last Autumn's warm weather for weak first half sales.