Morrisons debt hits £7.52bn following takeover
Supermarket balance sheet weighed down by fresh lease liabilities and mounting preference share obligations
Retail news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Gap supports ‘new talent’ in latest campaign
Gap has unveiled a new campaign fronted by musician Malcolm Todd and actress Inde Nabarrette. Titled ‘Denim on your own’, the campaign is soundtracked to Todd’s rendition of…
Frasers Group close to Harvey Nichols pre-pack acquisition
Sources close to the negotiations indicate Frasers Group plans to retain all UK retail locations
Samsøe Samsøe launches menswear pop-up at Harrods
Copenhagen fashion brand Samsøe Samsøe has opened an exclusive menswear pop-up at Harrods, presenting its autumn winter 2026 collection.
Sephora opens first Glasgow store as UK expansion accelerates
Sephora has opened the doors to its first Glasgow store at Silverburn as it continues to ramp up its UK expansion. The 4,940 sq ft shop, which opened today, marks Sephora’s second…
Levi’s joins M&S website in boost to third-party brands offer
US denim giant Levi’s has rolled out its latest men’s and women’s collections on M&S.com, targeting shoppers across the UK and Ireland. The curated range includes womenswear…
Restaurant chain Exki posts its first profit in six years
For the first time in six years, Exki, the Belgian chain of healthy “fast casual” restaurants, returned to profitability last year, although profits remain very modest. The first…
Morrisons debt pile swells to £7.5bn as lease liabilities climb
Morrisons’ debt pile has climbed to £7.52bn as rising lease liabilities and preference share obligations weighed on the supermarket’s balance sheet. Net debt at Market Topco, the…
BRC sounds alarm at zero-hours reforms as gov reveals £2.9bn business cost
The BRC has urged the government to rethink its zero-hours contract reforms after official analysis revealed the measures could cost businesses as much as £2.9bn a year. New…
Shop shelves are not the same as a search bar
By Claire Huxley, strategy partner at Design Bridge and Partners
Ottolenghi launches extra virgin olive oil at Waitrose
Ottolenghi has partnered with Citizens of Soil to launch its first extra virgin olive oil exclusively at Waitrose. The olive oil landed at the supermarket retailer on 10 August…