Handel

A global trade war between the US and its trading partners could cost $1.4 trillion, according to a report by Aston Business School. British economists have presented several potential scenarios, from a series of unilateral actions to a global trade war, reports the Guardian.more

Over 46% of respondents stated that there are still not enough shopping malls and centers in Poland, while over 36% believe that there are too many of them - according to a report by UCE Research and Hybrid Europe.more

Intimidating behaviour from drivers, poor infrastructure and fears over safety are deterring more women in the UK from cycling compared with men, research has found, while bike sales continue to fall after the “Covid boom”.more

Following reports of egg shortages in grocery stores in the United States, France is also starting to see a shortage of eggs on store shelves, Le Monde reported. The cause is largely the panic that followed photos of empty store shelves in the US, but also the bird flu epidemic.more

WH Smith is to sell its 480 retail stores to the Hobbycraft owner, Modella Capital, in a deal worth £76m, and has confirmed that the 233-year-old brand will disappear from the high street after a “short transitional period”.more

Major investors including Axa and Scottish Widows are backing shareholder resolutions pressing retailers Next, Marks & Spencer and JD Sports to increase pay for thousands of workers.more

Morrisons has announced that 365 jobs are under threat due to plans to close some of its cafes, convenience stores, florists, and fresh food counters. The supermarket chain explained that the cost of running these services was exceeding the revenue generated from customer spending.more

The UK’s high streets are expected to empty out at a faster pace this year as extra costs imposed on businesses by Rachel Reeves are blamed for shops closing and a slowdown in chain store openings.more

Ikea will be bringing its mix of meatballs, lampshades and kitchen planning to London’s Oxford Street from 1 May, when the world’s largest furniture retailer finally opens its store 18 months late.more

"Our baskets now contain not only bread, baguettes and rolls, but also hot dog and hamburger buns. In 2024, we bought 1.2 million tons of bread," reports "Rzeczpospolita" today.more

Tesco will lift pay for its store staff by 5.2% but will scrap the extra pay for working on Sunday. The UK's biggest supermarket chain said the hourly rate will go up by 43p to £12.45 from 30 March after reaching a deal with unions.more

British food and drink exports to the EU have tumbled by more than a third since Brexit, according to new trade body figures highlighting how bureaucratic barriers have changed the relationship between the UK and its most important trading partner.more

Up to 300,000 people with side hustles ranging from selling clothes online to dog walking are to be freed from the chore of having to do a self-assessment tax return. The government said this week it wanted “to make it easier for Britons to make the very most of their entrepreneurial spirit”.more

Tesco is giving away food about to expire in a bid to cut waste and hit net-zero targets, the supermarket said. Items with yellow stickers are available for free after 9.30pm in some of its Express stores as part of a trial which is already under way.more

Deliveroo has made an annual profit for the first time, after a bumpy few years since a disastrous stock market listing that earned the takeaway delivery company the nickname “flopperoo”.more

Nearly a quarter of Britons have witnessed shoplifting in the past year and seen physical or verbal abuse of shop workers as criminals become “bolder and more aggressive”.more

Online fashion retailer Boohoo is renaming itself Debenhams in a major revival of one of Britain’s oldest and best known retail names. Boohoo bought the 247 year old former department store chain out of administration for £55 million in 2021 after it collapsed during the pandemic and kept it trading as an online only retailer. more

The UK will not impose its own tariffs in response to US tariffs on steel and aluminium from Canada, which are due to take effect on Wednesday, a British government official announced on Tuesday, as quoted by Reuters. He assured that the two countries continue to cooperate on economic issues.more

Tesco has issued an apology to its customers as it confirms the discontinuation of one of its fridge essentials in all UK stores, following enquires from shoppers about the missing product on social media.more

The US owner of the Boots pharmacy chain is being taken over by a private equity firm in a $10bn (£7.8bn) deal. The price being paid for Walgreens Boots Alliance is a fraction of what the company was worth a decade ago, reflecting its struggles with growing debt and shoppers going online for cheaper products. more

Poundland's owner has said it is considering putting the chain up for sale after warning tax changes coming in April will put more pressure on the business. The discount chain has 825 UK stores but sales were down this January and February, its Polish owner Pepco Group said.more

Greggs' revenue passed £2bn last year thanks to higher sales of pizzas, chicken goujons and potato wedges, but the sausage roll remains its top seller. The firm traditionally known for its baked goods said adding more items to its menu was a sign of its "further growth ambition".more

A new study has revealed the UK's top supermarket for both in-store and online grocery shopping. Consumer champions Which? asked over 3,000 Brits to rate supermarkets on a variety of factors including queuing time, store appearances and choice of substitutions for deliveries.more

Poland has a 9 percent share in the global export of large household appliances and ranks second after China - according to a report prepared by the Association of Household Appliance Employers Applia.more

US President Donald Trump Wednesday said that the European Union was formed to "screw" the United States as he threatened to levy 25 percent tariffs against the bloc. Trump's latest invective brought swift reaction from the EU, with one official saying the bloc had in fact been a "boon" for the United States.more