British supermarket company Tesco seems to be back on track after several very harsh years. For its broken fiscal year, which ended on 27 February, it presented a pre-tax profit for its broken fiscal year of 162 million pounds (200 million euro)
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The owner of the British store chain Argos, Home Retail Group, has accepted an acquisition bid by supermarket chain Sainsbury's. The entire operation should be finalized by the end of the third quarter already.
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Discounter Lidl is set to launch My Lidl in the United Kingdom, an online service that gives members exclusive content, where they can post reviews and join discussion boards.
The British Retail Consortium (BRC) believes there is a chance up to 1 million retail jobs in the United Kingdom may disappear by 2025 as new technologies and rising wage costs come into play.
Several hundred products of supermarket chain Morrisons will soon also be available on Amazon UK, after both parties signed a deal.
Shoe chain Brantano's British branch, which was part of the bankrupted Macintosh Retail Group until last year, will relaunch thanks to investment firm Alteri.
British DIY group Kingfisher has major plans to boost its profit over the next 5 years. It will invest 800 million pounds (1.05 billion euro) to bring all of its brands together under one roof.
Amazon will continue to invest into its European operations, which will help create thousands of new jobs with the American online retailer. In the United Kingdom alone, 2,500 new jobs will be added.