The 'space race' of opening big supermarkets is over

Checkout staff at Tesco have seen their annual shares bonus pot halved after the supermarket giant slumped to its first annual profits fall in nearly 20 years.

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Sports Direct aims to be Euro champion

Sports Direct will step up its challenge to Decathlon's European dominance when it opens its first Spanish store in April.

H&M plans to expand in China and US as sales take a tumble

The Swedish fashion giant H&M has posted a rise in annual profits but took a hit to its bottom line in the fourth quarter and has suffered falling underlying sales since the start of December.

Business week in review

In profit...

Retailers boosted following higher than expected sales

The high street earned some respite from a nightmare start to the year, as the CBI reported far stronger than expected sales during the first half of January.

Market Report: US resurgence puts the bears to flight

It was a day of two halves today. Pessimists were toppled by bullish traders in the afternoon, and the benchmark index hit its highest point since May 2008, taking it back to the level last seen before the collapse of Lehman Brothers. FTSE Group data show the FTSE 100 index soared 28.38 points to 6,132.36.

The iPad Mini was released at the beginning of November

iPad boom fuels explosion in shopping using mobile devices

The iPad boom has led to an explosion in shopping using mobile devices, industry figures showed today.

Bikes pumping up Halfords' sales

Car repairs and premium bike sales helped Halfords to ride out a flat Christmas, with the group today announcing a modest rise in its profit expectations.

Investment Insider: Home shoppers may not help retailers out of their slump, but watch out for overseas growth

Begbies Traynor, the business recovery group, reckons almost 140, mainly smaller, retailers are in a financially critical situation. It has also cautioned that as consumers tighten their belts after Christmas there could be a surge of insolvencies during the first quarter of 2013.

Debenhams clocks up record December sales

Department store Debenhams hailed its best ever December performance today after ramping up pre-Christmas discounting to attract cost-conscious shoppers.

Lustman to depart Warehouse on a high

The managing director of Warehouse is to step down from the women's fashion retailer on a high note after it delivered a sharp jump in sales over Christmas. Meg Lustman, who took the helm at the Aurora Fashions-owned chain in 2009, is expected to leave her operational role at Warehouse next month, although she could remain on the group's board for a while longer.

Mark Cavendish, kept in the shadows behind Team Wiggins at Sky last year, has switched to the Belgian Omega Pharma-QuickStep team

Me no lycra? Teams unveil the latest questionable cycle gear

Professional sport is responsible for some of greatest fashion crimes of our times, but few can have a rap sheet as long as cycling's. Where there has been Lycra, there have been grave offences all too readily embraced by road-going amateurs. The pros at least can't choose what they wear and this year's new kits bring mixed fortunes to Britain's gold-plated riders.

Next hits an all-time high after Christmas trading lift

The fashion chain Next yesterday raised hopes for a modest improvement in high street trading conditions this year after it posted a robust performance over Christmas and raised its profit guidance.

Next bolsters hopes for high street sales with a festive leap

Profits guidance is raised after a fillip from online business and shares go soaring
Shoppers enjoyed the post-Christmas sales, but this won’t last

Retailers face 2013 gloom as Britons prepare to save

Pressures set to grow and drive high-street stores to close their doors for the last time

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