Bloomberg UK retail sales barely grew in January, more evidence consumers are reluctant to splash out amid a squeeze from rising prices. Sales increased 0.1 percent from December, far below the 0.5 percent gain forecast by economists in a Bloomberg survey. From a year earlier, sales rose 1.6 percent, the weakest for a January in four years, the Office for ...

Bloomberg Tesco Plc faces growing investor pressure to sweeten its 3.9 billion pound ($5.5 billion) offer for wholesaler Booker Group Plc ahead of a shareholder vote in less than two weeks. Alpine Associates Management Inc. opposes Tesco’s offer on the existing terms and believes Booker shareholders should vote against the deal, the investor said by email. Alpine has an economic ...

Bloomberg US shoppers may be ordering more clothing than socks and underwear on Amazon after all. Amazon.com Inc. is spiriting away share of apparel sales from Target Corp., Macy’s Inc. and JC Penney Co., according to a report by Coresight Research. Amazon Fashion is tied with Target as the second-most-shopped apparel retailer in the US, behind Walmart Inc., as measured ...