Katie Linsell

Business Day

Retailer Next proves to be resilient as UK shoppers juggle budgets

By: Katie Linsell

But bellwether retailer expects sales could fall by as much as 5% in the second quarter

Bloomberg News

Tesco Defends Chairman John Allan After Report of Inappropriate Behavior

By: Katie Linsell

Tesco Plc stood by its Chairman John Allan after he was accused of inappropriate behavior by four women.

Bloomberg News

Asos Loss Widens as Fast-Fashion Retailer Attempts Turnaround

By: Katie Linsell

Asos Plc reported a fall in sales and a first-half loss as the British online retailer tried to cut inventory and excessive discounting in a battle to turn around its performance.

Bloomberg News

John Lewis Chairman on Shaky Ground as Staff Reject Performance

By: Katie Linsell

Sharon White has suffered a show of no-confidence in her leadership of John Lewis Partnership Plc after employee representatives said they did not support the retailer’s performance last year.

Bloomberg News

High-School Dropout Vaults Into Mega-Wealth With M&A Bargains

By: Katie Linsell, Benjamin Stupples

Ken Moelis recently sold his residence at New York’s Plaza Hotel to a fellow dealmaker with a far lower profile than the legendary investment banker.

Bloomberg News

Food Inflation Shows Little Sign of Respite for UK Shoppers

By: Katie Linsell

Grocery price inflation in the UK edged lower for a second month — but shoppers will have barely noticed.

Bloomberg News

M&S Forecasts Revenue Growth as Turnaround Shows Some Progress

By: Katie Linsell

Marks & Spencer Group Plc forecast revenue growth this year as the food and clothing retailer moves more sales online and overhauls its store estate.

Bloomberg News

Breakfast Index Hits New High as UK Food Inflation Proves Sticky

By: Katie Linsell

The price of ingredients to make an English breakfast has risen to nearly £36 ($44), a record high, as UK food inflation shows little sign of easing.

Sydney Morning Herald

The high school dropout who built a $900m fortune by finding bargains

By: Katie Linsell, Ben Stupples

Michael Flacks likes keeping a low profile. It has helped him carve out a niche for discretely snapping up bargains that has him on the verge of becoming a billionaire.

Bloomberg News

Asda to Buy Issa Brothers’ Filling Station Business for £2.3 Billion

By: Giulia Morpurgo, Katie Linsell

Asda struck a deal to buy EG Group’s UK and Ireland gas-station business in a move that aims to create a convenience retailing empire.