M&S (MKS) & WH Smith (SMWH): Should you buy these 2 FTSE retail stocks?

The UK’s high street retailers have witnessed the closure of 83% of the total department stores since the fall of the British Home Stores (BHS) in 2016. The trend underlines the change in the high street retail sector as the COVID-19 accelera...

Frasers Group Plc (LON: FRAS), owner of famous brands like Sports Direct and House of Fraser, has proposed new bonus plans and remuneration package for its incoming CEO Michael Murray. As per the proposed remuneration plan, Mr. Murray will be award...

Highlights Greggs Plc was the latest establishment to get hit by disruptions in supply the chain which has crippled retail and hospitality businesses across Britain. It has been reported that Greggs was hit by a supply crunch in their popular c...

HIGHLIGHTS Boohoo in its first-ever Economic Impact Report announced, plans to invest £500 million to grow its customer base in the UK and international markets. The company plans to create over 5,000 new jobs across purchase, technology,...

Summary  The UK’s retail sales growth was at its slowest pace in July month as per the British Retail Consortium-KPMG. The slow pace of retail growth was mainly due to change in consumer spending behaviours after lockdown ease and po...

Summary UK’s supermarket giant Wm Morrison Supermarkets Plc agreed to an acquisition offer valued at £6.7 billion ($9.3 billion) from Fortress Investment Group. Morrisons and Bidco announced an increased cash offer value of 272 penc...

Summary  As per the British Retail Consortium-Sensormatic IQ tracker, UK’s retail footfall was 28% lower in July compared to two years ago. The easing of restrictions in the last week of July led to the retail sector’s best wee...

Summary  Retail sales in the United Kingdom saw a marginal dip in July 2021. Still, sales numbers are in line if compared with the pre-pandemic levels as per the Confederation of British Industry. Demand in the retail sector looks sust...

Several UK supermarkets, and other wholesale companies are facing an unprecedented shortage of food supplies after the NHS test and trace app sent out a rising number of covid-19 alerts to British residents. Recipients of such alerts are supposed ...

Summary  Online grocery sales saw a decline of 2.6% in the four weeks leading to 11 July. Reopening of the hospitality sector and consumer spending on non-essential items were the major reasons for the dip in online grocery sales. ...