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Jennifer Creery

Jennifer Creery

Fortune

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British high street stalwart Marks & Spencer gains ground after 20 years of decline

The clothing and food group made a pre-tax profit of $857 million last year, after 12 consecutive quarters of sales growth.

22.05.2024 20

Fortune

Jennifer Creery

Tesco CEO more than doubles his pay to $12.6 million as Britain's largest grocer hits long-term targets

Executive pay remains a hot topic in the U.K. CEO Ken Murphy took the helm of Britain’s largest grocer in 2020 and has overseen a more than 17%...

15.05.2024 20

Fortune

Jennifer Creery

Post-Brexit shoppers shift from London to tax-free Paris and Milan in ‘lost opportunity’

The 34,000 tourists who have transferred their tax-free shopping from Britain have also increased their spending from $3,622 per person in 2019 to...

09.05.2024 40

Fortune

Jennifer Creery

Primark owner AB Foods expects 'significant growth' in profits for 2024 as inflation eases in recession-affected markets

Associated British Foods whose business ranges from grocery and agriculture to clothing expects "significant growth in both profitability and cash...

23.04.2024 20

Fortune

Jennifer Creery

Ocado overtakes rivals amid pressure from shareholders urging the group to leave London for New York

Lidl and Aldi combined now account for 18% of the UK’s grocery market. Ocado still accounts for less than 2% of the market, despite its sales...

23.04.2024 10

Fortune

Jennifer Creery

Britain's largest grocer sees profits soar as inflation falls 4.5%

Tesco also announced plans to buy back £1 billion of shares over the next 12 months.

10.04.2024 10

Fortune

Jennifer Creery

U.K. retailer Next, owner of Reiss and Fat Face beats expectations as it posts record profits

Next expects profit to expand to nearly $1.3 billion this year as rising wages free up British shoppers to spend more on fashion.

21.03.2024 20

Fortune

Jennifer Creery

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