retail sales

Tesco is considering selling off its loss-making US business Fresh & Easy, announcing it will conduct a strategic review of the retail franchise.

UK retail sales have posted a surprise rise in July, up 0.3% from June, beating analysts' expectations of a more modest 0.1% increase.

Shares in beleaguered retailer HMV fell sharply in early trading after it confirmed its finance director is set to follow former chief executive Simon Fox out of the door.

Marks and Spencer has reported a fall in annual profits for the first time in three years as trading conditions worsen for high street retailers.

Tesco reported a rise in profits over 2011-2012 as the CEO pledged to renew focus on the UK business after the firm's first profit warning in 20 years.

GAME Group administrators have announced 333 of its UK shops that are still open have been sold to private investment firm OpCapita.

Standard Life Investments' UK Smaller Companies fund, run by Harry Nimmo, is set for a boost as ASOS shares jumped 12% this morning after international sales grew 93% last year.

Warren Buffett's retail favourite Tesco has seen its shares plunge 14.2% following a profit warning today.

M&G global head of retail sales says industry is awash with mediocrity, which must be eradicated.

Retailer prospects