Retail & Consumer

Target profits slip on weak holiday sales

Retailers hurting after disappointing end-of-year shopping season

• Target to match online rivals’ holiday prices
• Target boosted by urban stores

AB InBev warns on US and Brazil beer sales

Belgian brewer expects ‘year of challenge and uncertainty’

• AB InBev delays suit over Modelo deal
• AB InBev offers Modelo deal concessions

Intu weathers high street storm

Profits at shopping centre owner rise

• CSC buys Milton Keynes mall
• CSC to rebrand malls with Intu title

New Jersey legalises online gambling

Shares in 888 and Bwin.party jump

• New Jersey opens door to online gambling
• Sandy reveals Atlantic City’s deeper woes

Croda cites niche products for sales lift

Speciality chemicals producer banks on consumer care division

• Croda on course for place in FTSE 100
• Manufacturers with high margins at a premium

Retailers turn to M&A to survive

Chains fight weak and increasingly digital economy

• Swire bids for French fashion brands
• Ireland ripe for M&A; surge, says report

Sales of frozen burgers plunge

Frozen burgers and readymeals sharply down, survey finds

• Food scandal to sustain Fairtrade boost
• Ikea drawn into horsemeat scandal

Supermarket chain succeeds in cutting initial OFT fine

• Lombard 100 per cent beef beef
• Tesco plans DNA testing of meat products

Swire bids for French fashion brands

Asian conglomerate on shortlist of buyers for Sandro and Maje

• Retailers turn to M&A; to survive
• Ireland ripe for M&A; surge, says report