James Thompson

James Thompson is a business reporter at The Independent.

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Wembley outlet brings ton up for Wagamama

The noodle restaurant Wagamama is to open its 100th UK branch in London’s first designer outlet centre opposite Wembley Stadium next month, as its private-equity owner pushes ahead with expansion.

Morrisons set to reveal a new profit blow

The chief executive of the Morrisons supermarket chain will have to defend another fall in profits this week, although he is expected to boast of a turnaround following its recent dire sales.

Japanese set to grab Glaxo drinks

Japan's Suntory drinks group is set to buy the historic Lucozade and Ribena brands from GlaxoSmithKline for about £1.5bn.

Bargain Booze chain gulps down Wine Rack

The company behind the Bargain Booze chain has acquired Wine Rack, the string of London off-licences, at a knock-down price to boost its wine offer and presence in the South of England.

Retail sales up as shoppers keep spending

The tills of retailers continued to ring loudly last month, as they benefited from favourable weather and growing consumer confidence on the high street.

Bill Grimsey urges £550m levy to aid high street in alternative to Portas plan

The veteran retailer Bill Grimsey has called on national retail and leisure chains to come to the rescue of ailing high streets by pumping £550m into a local economic development fund via a one-off levy in 2014.

Mary Portas and Bill Grimsey in high street battle

Retail expert Mary Portas will mount a vigorous defence of her efforts to revitalise the high street in front of MPs today.

Hurry up, Harry, we're going down the grocers

As pubs give way to supermarkets, is it a case of adapt or call time, asks James Thompson

Discounters have a summer to celebrate

The discounters Aldi and Lidl have continued their astonishing sales growth over the summer months, while Sainsbury's was the only grocer among the big four supermarkets to grow its market share.

Retail chain B&M rewards private equity buyers' faith

The discount retailer B&M Bargains has demonstrated why a US private equity giant bought it last year in a deal worth nearly £1bn, by posting a sharp jump in profits.

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