LONDON Philip Green's Topshop-to-Dorothy Perkins fashion empire staved off a collapse into administration on Wednesday as creditors approved his sweetened restructuring plan. | Video
LONDON The boss of Tesco said he had unfinished business at Britain's biggest retailer after its quarterly sales growth slowed in a subdued grocery market under a cloud from poor early summer weather.
LONDON Britain's Ocado is ploughing 17 million pounds ($22 million) into the emerging "vertical farming" industry, further diversifying the online grocer and technology group's business.
Philip Green's Arcadia fashion group adjourned Wednesday's creditor meetings to vote on the struggling British retailer's restructuring plan until June 12, seeking more time to win over disgruntled landlords and avoid a collapse into administration.
LONDON Britain's deadline to leave the EU at the end of October is the worst possible timing for the country's retail sector as it coincides with the start of the peak trading period, online electricals group AO World warned on Tuesday.
LONDON Marks & Spencer asked to be judged on how fast it is changing as much as its financial results on Wednesday, as the British clothing and food retailer reported a third straight drop in annual profits. | Video
LONDON British Prime Minister Theresa May said she will present a "new, bold offer" to lawmakers with "an improved package of measures" in a final attempt to get the Brexit divorce deal through parliament before she leaves office.