Retail sales volumes up 1.6% as consumer confidence returns

Sales volumes in Britain were the strongest they have been for the past ten years in the second financial quarter of the year, according to the Office for National Statistics.

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Sony agrees to $15 million settlement for data breach lawsuit

Electronics and technology corporation Sony has agreed to a $15 million preliminary settlement in a lawsuit about its security breach in 2011.

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Wal-Mart ordered to provide documents regarding alleged bribery to shareholder

A US court has ordered Wal-Mart to provide a shareholder with documents linked to the company’s internal probe of allegations that it paid bribes in Mexico.

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Tesco shares dropped considerably yesterday – to their lowest level in almost ten years.

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Dov Charney dropped from American Apparel board amid reshuffle

American Apparel has appointed RadioShack Corp CEO Joseph Magnacca to its six-member board of directors, according to reports.

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Hardware and DIY sales grow by 20% thanks to warm weather

According to the most recent CBI Monthly Distributive Trades Survey, warm weather in the UK has boosted sales of hardware and DIY products by 20 per cent.

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Brooks Brothers celebrates the Summer Streets

Brooks Brothers bought a dose of all-American prep to the pedestrianised streets of London on Sunday, as Regent Street celebrated its ‘Summer Streets’ event taking place throughout July.

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Lululemon files counterfeit lawsuit in US court

Fashion sportswear label Lululemon Athletica Inc has just filed a counterfeit lawsuit in US federal court.

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Tesco shareholders round on ex-CEO's million pound pay-off

Tesco is facing criticism from shareholders over a pay-off worth up to £10 million for outgoing chief executive Philip Clarke.

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Lidl reveals £25 million UK tax bill

Discount supermarket chain Lidl said it paid the UK taxman in excess of £25 million last year.

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