Gap blamed what it described as market dynamics – in other words, the huge shift to internet shopping. It’s going online-only, just like Debenhams and Sir Philip Green’s Arcadia group. It’s yet another famous name bidding a retreat from our High Streets, adding to the challenge of what to do with empty shops.
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How does your pay compare with other jobs?
admin, , Business, 0
To calculate the annual change in real terms, we adjusted April 2022 earnings to what they would have been...
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Microsoft’s links with OpenAI to be examined by competition watchdog
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Sorcha O’Carroll, senior director for mergers at the CMA, said: “The invitation to comment is the first part of...
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Beauty giant Avon under fire over Russia links
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A contact also placed an order with Avon Ukraine locally, in order to verify whether or not exports from...
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Rishi Sunak: Why should I care what he says?
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It’s about more than just tweaking numbers. It’ll give us some idea of who might get a pay cut,...
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Oil prices rise on US-UK strikes over Red Sea attacks
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Danish fuel tanker giant Torm also said that it had stopped allowing its fleet to sail through the southern...
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Airports set to be busy after IT outages
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Airports are expected to be busy over the weekend after massive outages hit computer systems globally. Journeys could still...
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Marmite maker Unilever to cut 1,500 jobs worldwide
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Unilever’s 80 brands are currently divided into three divisions: Beauty & Personal Care, Food & Refreshment, Home Care. The...
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HS2: Johnson warns against ‘mutilated’ version of rail link
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The bosses of dozens of businesses and business groups – including Manchester Airports Group, British Land, Virgin Money, and...
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