#uk-retail

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fromLondon Business News | Londonlovesbusiness.com
2 weeks ago

1.15bn Black Friday bonanza could prove to be a black day for specialist retailers - London Business News | Londonlovesbusiness.com

'The sad truth is that many of Britain's favourite smaller retailers are very unlikely to see their final profits rise by even 3% and, in fact, their prospects for Black Friday are increasingly dark. Such is the competition and the scale of the discounts offered by major retailers that smaller regional and specialist sellers are finding their profit margins stretched to the limit in order to remain competitive.
E-Commerce
#sales-growth
#tesco
#food-inflation
#consumer-spending
#cybersecurity
UK news
fromwww.aljazeera.com
7 months ago

Harrods, M&S hit by cyberattack: What happened, who's behind it?

Scattered Spider is suspected to have carried out a ransomware attack on Marks & Spencer, causing major operational disruptions.
London startup
fromComputerWeekly.com
7 months ago

Harrods becomes latest UK retailer to fall victim to cyber attack | Computer Weekly

Harrods has confirmed a cyber attack affecting customer payments, joining Marks and Spencer and Co-op in a series of recent incidents.
UK news
fromBusiness Matters
6 months ago

Businesses urge Rachel Reeves to restore tax-free shopping as US tariffs hit UK exports

Restoring tax-free shopping for international tourists is essential to support UK retail competitiveness against US tariffs.
UK luxury brands face negative impacts from US tariffs and are advocating for VAT-free shopping reintroduction.
UK news
fromBusiness Matters
7 months ago

Retail, hospitality and leisure sectors face fresh uncertainty amid Trump tariff chaos

UK retail, hospitality, and leisure sectors are under pressure from US tariffs and rising operational costs.
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