James Thompson

James Thompson is a business reporter at The Independent.

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Furniture retailer Dwell collapses after failed attempts to find white knight

Upmarket furniture chain Dwell today closed all its stores and ceased trading both on the High Street and online with immediate effect, with the potential loss of 300 jobs.

Sainsbury's boosts clothing sales through Tu brand

Sainsbury's has seen a 15 per cent rise in the number of customers buying clothing, as its fashion sales head towards the £700m barrier. The UK's third-biggest supermarket chain said 7.5 million shoppers had bought at least one fashion item in the past 12 months, 1 million more than a year ago.

The arrival of a large Tesco store will 'severely damage' Margate's prospects for attracting more visitors, says local businesswoman, Louise Oldfield

Margate residents appeal against giant new Tesco

Retail expert Mary Portas 'devastated' by the decision to give the store the go-ahead

Review into high street attacks Portas plan

Ex Focus boss warns against 'false hope'

Private equity firms suffer as deals fall in downturn

Private equity firms sold fewer European businesses last year, reflecting the "volatile" economic climate and the unwillingness of banks to provide debt financing for deals, according to the accountancy firm Ernst & Young.

Protest over pay hits Morrisons

Morrisons suffered a minor rebellion from shareholders over executive pay at its annual meeting, following a drop in its annual profits.

HMV to return to its 1921 Oxford Street home

HMV is poised to return to its spiritual home in Oxford Street just two months after being rescued out of administration.

Union leaders claim the Post Office is preparing to announce a £94 million profit

Post Office staff set to strike as talks fail

Union accuses management of being 'aloof and absent from talks'

WH Smith keeps up margins as Swann bows out

The last trading update from WH Smith's outgoing chief executive yesterday had a familiar ring to those throughout her 10-year tenure: sales fell but it touted continued progress made on profit margins.

Laura Ashley fashion is frozen out

Laura Ashley has blamed the cold weather in March and April for weak fashion sales, which took the shine off a healthy performance from its home furnishings.

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