James Thompson

James Thompson is a business reporter at The Independent.

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Primark relents and launches online range on Asos

The discount fashion giant Primark has finally joined the internet revolution after it launched on the website of Asos yesterday.

New N Brown chief could earn £4m in 3 years

Angela Spindler, the new chief executive of N Brown, has been awarded a "golden hello" that could boost her total earnings to almost £4m over the next three years.

Retailers 'hit hardest by growing tax burden'

The tax burden faced by big retailers has soared by almost two-thirds since 2005, highlighting the uphill battle faced by chains to maintain profitability during the consumer downturn.

Squeeze on consumer spending hits Tesco

Tesco will confirm a fall in UK sales this week, as cash-strapped consumers continue to rein in spending on big-ticket electricals.

B&Q owner Kingfisher backs DIY to rally despite a plummet in profits

The chief executive of B&Q owner Kingfisher has dismissed the view that the UK DIY market is in long-term decline, as the wet spring weather wiped nearly a third off the chain’s profits.

Debit sends cash tumbling

The amount of cash used to make retail purchases has tumbled to an all-time low, as consumers continue to step up their usage of debit cards.

Embattled Dwell eyes sale of the furniture chain

The upmarket furniture retailer Dwell is working with advisers to explore its options, including a possible sale of the business.

Sofas entrepreneur set for a comfortable £20m

A Midlands entrepreneur could be in line for a £20m-plus windfall after putting his 104-year-old sofa business up for sale.

Halfords' boss invests £100m but warns profits will dive

The chief executive of Halfords has launched a stinging attack on the state of its retail business and admitted profits will fall over the next two years as it invests £100m to turn around its performance.

£3m for Tesco's US ex-boss

The chief executive of Tesco's failed US business walked off with nearly £3m last year, despite Fresh & Easy savaging the supermarket giant's bottom line.

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