French supermarkets to face same lockdown limits as small shops: minister

[ad_1] PARIS (Reuters) – French supermarkets will face the same limits on selling non-essential goods as small shops but shopowners are not allowed to challenge government’s new COVID lockdown rules,…

UK’s Ted Baker cuts jobs as losses balloon and Brexit looms

[ad_1] (Reuters) – British fashion retailer Ted Baker cut 953 jobs as coronavirus lockdowns sent first-half losses soaring, it said on Monday, warning of the potential for further pain from…

Russian retailer X5 considers IPO for online business

[ad_1] MOSCOW (Reuters) – Russia’s largest food retailer X5 is discussing plans for an initial public offering (IPO) for its online business, a company official said on Thursday, honouring a…

Sainsbury’s new boss Roberts faces unexpected in-tray

[ad_1] LONDON (Reuters) – When Sainsbury’s SBRY.L new boss Simon Roberts hosts a virtual focus group with supermarket shoppers on his first day in charge on Monday, the conversation will…

GLOBAL MARKETS-Shares slump on China virus economic concerns, gold gains

[ad_1] (Adds oil, gold settlement prices) * World share index heads for worst month since August * U.S., European equity markets fall more than 1% * Dismal Chicago PMI adds…

FACTBOX-The Benettons: Italian magnates who went from sweaters to roads

[ad_1] MILAN, July 15 (Reuters) – The Benetton family started building its fortune in the 1960s with a small Italian knitwear factory and ended up at the head of an…

Creditors of Kenyan supermarket chain Nakumatt to vote on winding it up

[ad_1] NAIROBI, Jan 7 (Reuters) – Creditors of Kenya’s Nakumatt supermarket chain, once a leading regional retailer, met on Tuesday to vote on whether to wind it up over an…

Naked Wines back online after outage as online demand surges

[ad_1] (Reuters) – Online wine seller Naked Wines WINEW.L said on Friday its website is up and running after being down for about an hour due to a surge in…

UPDATE 1-German restaurants should be able to offer outdoor dining around Easter -minister

[ad_1] (Adds Altmaier, Dehoga) BERLIN, Feb 26 (Reuters) – German Economy Minister Peter Altmaier said on Friday he was confident that restaurants could be allowed to partially open soon so…

RSA chairman Martin Scicluna to step down next year – Sky News

[ad_1] FILE PHOTO: Martin Scicluna, Chairman of Sainsbury’s, poses for a portrait at the company headquarters in London, Britain, May 1, 2019. REUTERS/Toby Melville (Reuters) – British insurance group RSA’s…