Retailers warn 400 big UK shops could shut over rates hike
Up to 400 large UK stores could close under the government’s business rates hike, according to the BRC, Britain’s main retail association.
15 September 2025
15 September 2025
Up to 400 large UK stores could close under the government’s business rates hike, according to the BRC, Britain’s main retail association.
Retail spending in the US rose in August, driven by back-to-school shopping and early purchases ahead of potential tariff increases.
The company's active customer base saw a 14.6% rise to 1,177,000 by the end of FY25.
Sainsbury’s had acquired Home Retail Group, the owner of Argos, for over £1bn in 2016.
Lammers will directly report to Stéphane de La Faverie, the company’s president and CEO.
If materialised, it could become one of the biggest deals in Brazil’s food retail sector in recent years.
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