Tesco agreed to sell its Asian businesses to Thai billionaire Dhanin Chearavanont for more than $10bn (€8.8bn), clinching a record deal in Thailand even as the coronavirus outbreak damps enthusiasm for mergers and acquisitions worldwide.

Pubs and department stores have continued to miss out as an increase in consumer spending continues to benefit retailers.

Suzie Monaghan works with her inspiring father in the clothing business he founded 60 years ago, writes Rowena Walsh

Marks & Spencer has poached Greencore’s chief financial officer Eoin Tonge as the troubled retailing giant continues to seek a change in its fortunes.

British supermarket giant Tesco will have to wait until October before its new boss — Cork-born businessman Ken Murphy — can start after his former employer Walgreens Boots Alliance insisted he see out a non-compete agreement.

Many retailers in Ireland are facing significant challenges in sustaining their businesses despite the economic recovery, Retail Excellence has said in its election manifesto.

Aldi store assistants will earn up to €14.10 per hour.

An accounting scandal at Ted Baker is more than twice as big as initially estimated, the British fashion retailer said, adding to a stream of bad news over the past year and sending its shares down as much as 10%.

The Irish arm of electrical goods retail group Dixons-Carphone saw strong sales growth over the Christmas period, with online sales at its Currys-PC World brand up 20% year-on-year.

Discount clothing retailer Primark is set to pin a large element of its future growth on expansion into new markets, such as Poland and the wider Eastern Europe region, and "disciplined" store roll-outs in Spain and the US.

Geoff Percival Discount clothing retailer Primark has reported a 4.5% year-on-year rise in sales for the 16 weeks up to January 4, driven by a strong performance in the eurozone, including Ireland.

Supermarkets sold almost €11.2bn in groceries last year, up by €310m from 2018, as the ‘big five’ grocers maintained their grip over the market.

The brand has seven outlets located in Cork's Mahon Point and Wilton shopping centres, in Tralee, Waterford, Limerick, Galway and Athlone.

Fashion retailers Superdry and Joules became the latest Christmas casualties of Britain’s struggling retail industry, issuing profit warnings that sent their shares plunging.

Headquartered in Cork, the company develops video and AI technology that retailers use to protect their stock from theft.

The new measures will also ensure compensation for victims of unfair commercial practices.

Britain’s billionaire Issa brothers built one of the world’s largest independent petrol station chains through a series of debt-fuelled purchases. Now they are weighing their biggest-ever acquisition.

British supermarkets experienced the lowest growth over the key Christmas period since 2014, with sales growing by just 0.5% year-on-year in the four weeks to December 28, according to industry data.

British clothing retailer

Bosses at fashion chain Quiz have blamed economic uncertainty and shoppers spending less on the high street as it sunk into the red.

New laws will give all vouchers a five-year expiry time while also meaning people won't have to spend the entirity of the balance in one transaction.

Dublin Chamber says a 3% increase to commercial rates next year will heap more cost pressure on businesses.

A dystopian novel published earlier this year, The Warehouse, based on the workings of Amazon, makes repeated reference to something called the Black Friday Massacres. How these fictional massacres have impacted on fictional consumers, making them entirely dependent on online shopping because going to the actual shops is too dangerous.