Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Israel-Hamas war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • Israel-Hamas truce extended by 2 days as more hostages released
    • Israel tells Elon Musk Starlink can only operate in Gaza with its approval
    • Turkey’s exports of military-linked goods to Russia soar
    • UAE planned to use COP28 summit for oil deals, documents show
    • Commercial vessel and US destroyer attacked off Yemen, says US military
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • Deloitte and KPMG ask staff to use burner phones for Hong Kong trips
      • Tesla wins interim decision against Swedish state over car number plates
      • Barclays explores plan to drop thousands of investment banking clients
      • Africa’s richest man under pressure as giant refinery nears production
      • Premium whisky prices slump as weak global economy hurts taste for luxury
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Wealth Management
      • Trading
      • Moral Money
      • ETF Hub
      Most Read
      • News updates from November 27: Israel-Hamas truce extended by two days, Qatar says, Fast-fashion group Shein files confidential IPO paperwork in US
      • UAE planned to use COP28 summit for oil deals, documents show
      • Africa’s richest man under pressure as giant refinery nears production
      • Live news: Greek premier broke agreement over discussion of Elgin Marbles, Downing Street claims
      • Gold price hits six-month high as investors bet on rate cuts
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
      Most Read
      • The far right is moving into Europe’s mainstream
      • Britain must look abroad to reform its pensions
      • Ukraine’s long war — and how to win it
      • Meloni, Tolkien and Italy’s fellowship of the ring
      • Why a Palestinian state is the best security guarantee for Israel
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      • Working It
      Most Read
      • ‘Double dipping’: why managers worry that staff have a second job on the sly
      • Desks by the hour: why flexible offices are a hit with business
      • The people defending humanity from AI can’t even write a decent press release
      • Property boss David Sleath gives warehouses the hard sell
      • Business Books: What to read this month
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • The best waterproof men’s boots for town and country
      • Russell Norman, restaurateur, 1965-2023
      • Napoleon and the mythmakers
      • Five ways to connect to your pets
      • Is having two Christmas trees ridiculous?
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    Jonathan Eley

    Retail correspondent

    Jonathan was appointed acting longform editor in January 2023. His previous roles include retail correspondent, deputy head of the Lex column and personal finance editor. He also spent 12 years at Investors Chronicle, an FT group publication for private investors.
    Email Jonathan Eley @JonathanEley  on Twitter (link opens in a new browser window)

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Thursday, 25 May, 2023
      Marks & Spencer Group PLC
      M&S shareholders have reason to regret the Ocado tie-up

      Retailer’s joint venture with online food retailer is a drag on the group’s recovery

      M&S shop front
    • Monday, 27 March, 2023
      Pensions crisis
      Final salary pensions have been uniquely horrible for UK plc

      Schemes have held back wage growth, distorted decision-making and consumed incalculable amounts of management time

      A woman walks past a Currys store
    • Thursday, 9 February, 2023
      UK housebuilding
      UK housebuilders’ profitability no less remarkable than BP’s returns

      A decade-long boom means developers are in far better shape than they were ahead of the financial crisis

      A construction worker sweeps the floor at a Barratt development in Basildon
    • Friday, 27 January, 2023
      Advice & Comment
      Why investors have largely shelved retail shares

      Shoppers have profited, but very few shareholders have

    • Tuesday, 17 January, 2023
      THG PLC
      Ecommerce group THG warns on profit for fourth time within a year

      Manchester-based company axes 2,000 jobs and plans to review ‘lossmaking categories’

      THG sign on a warehouse
    • Tuesday, 17 January, 2023
      Ocado Group PLC
      Ocado earnings forecast falls short of expectations as customers cut back

      Shares in UK retailer drop after Christmas trading fails to match rivals

      An Ocado delivery van
    • Saturday, 14 January, 2023
      UK retail industry
      How UK retailers are defying the consumer gloom

      The country’s biggest players have been surprisingly upbeat — so far

      Shoppers on Christmas Eve in Winchester, Hampshire, UK
    • Friday, 13 January, 2023
      Revolution Beauty
      Revolution Beauty accounts probe flags multiple concerns

      Investigation into online retailer finds problems around acquisition, sales and personal loans

      Smartphone showing Revolution Beauty logo in front of company website
    • Thursday, 12 January, 2023
      Marks & Spencer Group PLC
      M&S clothing sales hit Christmas high after years of pain

      Retailer reports largest share of clothing market in eight years

      Shoppers browse women’s jumpers in a Marks & Spencer store
    • Thursday, 12 January, 2023
      Tesco PLC
      UK inflation may not have peaked, warns Tesco chief

      Supermarket chain reports 7% rise in UK sales as trading at M&S also improves

      Tesco shopping bags filled with groceries
    • Wednesday, 11 January, 2023
      JD Sports Fashion PLC
      JD Sports profits boosted by young shoppers

      Sportswear group expects profits of more than £1bn next year

      A young shopper browses clothes at JD Sports
    • Wednesday, 11 January, 2023
      J Sainsbury PLC
      Sainsbury predicts full-year profits will be at upper end of forecasts

      Shoppers go ‘all in for the big Christmas dinner’ after 2 years of festivities disrupted by Covid

      A Sainsbury’s store in Hemel Hempstead, UK
    • Tuesday, 10 January, 2023
      AO World PLC
      Electricals retailer AO boosts profit guidance

      UK group says it has benefited from change of strategy to focus on profitability rather than sales growth

      An AO.com truck outside a distribution centre
    • Friday, 6 January, 2023
      ExplainerFood Prices
      Food price inflation: why companies are losing out

      Branded companies best placed to benefit as producers hit by energy and labour costs and retailers keep prices low

      A customer seen choosing vegetables in the supermarket
    • Thursday, 5 January, 2023
      UK retail results
      B&M upgrades forecast after strong December

      Discount retailer to pay £200mn special dividend after posting higher sales over Christmas

      Shoppers pass a B&M Bargains store
    • Thursday, 5 January, 2023
      Next PLC
      Next boosts profit guidance after beating Christmas forecasts

      UK retailer’s shares jump as it says cost inflation expected to peak in 2023

      A Next store in London
    • Wednesday, 4 January, 2023
      Dignity PLC
      Funeral provider Dignity in talks with consortium over £262mn takeover

      Cash offer represents a 23% premium to Tuesday’s closing share price

      flower arrangement used in a bouquet display for a funeral on a coffin in a hearse
    • Wednesday, 4 January, 2023
      J Sainsbury PLC
      Sainsbury’s raises hourly pay to £11

      Move will cost retailer £185mn over course of a financial year

      A Sainsbury’s worker restocks empty shelves inside a supermarket in London
    • Wednesday, 4 January, 2023
      Wilkinson Hardware Stores
      Discount retailer Wilko secures fresh funding after pandemic hit

      UK employer of 16,000 had warned it could run out of cash by end of 2023

      A Wilko store
    • Tuesday, 3 January, 2023
      Aldi
      Aldi boosted by inflation and store openings

      Discount supermarket chain’s December sales 26% higher than 2021 when Omicron hit footfall

      An Aldi store in Orpington, Kent, UK
    • Monday, 2 January, 2023
      UK retail industry
      Shop closures in UK hit highest total for five years

      More than 17,000 stores shut their doors in 2022, equivalent to 47 a day, according to study

      A woman walks past a boarded-up shop in Longton in Stoke-on-Trent in November 2022
    • Sunday, 1 January, 2023
      News in-depthPrimark Stores Ltd
      Primark resists move online despite pandemic shock

      Discount clothing retailer says ecommerce would damage profitability as it remains committed to stores

      Shoppers at a Primark store in Barcelona, Spain
    • Friday, 23 December, 2022
      News in-depthUK retail industry
      M&S and Waitrose fight it out for the shopping baskets of middle England

      Marks and Spencer has gained ground with new stores and its supply deal with Ocado

      Shopping being scanned at a Waitrose store
    • Wednesday, 21 December, 2022
      Wilkinson Hardware Stores
      Wilko appoints chief executive with wide restructuring experience

      Mark Jackson to join retail chain as it looks to safeguard its future with new credit facilities

      Exterior of a Wilko store in n Kingston upon Thames, England
    • Friday, 16 December, 2022
      Games Workshop Group PLC
      Games Workshop signs deal with Amazon for Warhammer films

      Fantasy games retailer’s shares jump on announcement

      Mini figures on display at a Warhammer store
    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

    Tools

    PortfolioToday’s Newspaper (FT Digital Edition)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition

    Top sections

    • Home
    • World
      • Israel-Hamas war
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
      • Artificial intelligence
      • Semiconductors
      • Cyber Security
      • Social Media
    • Markets
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Wealth Management
      • Trading
      • Moral Money
      • ETF Hub
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      • Working It
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports

    FT recommends

    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • Visual and data journalism
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Live Events
    • FT Forums
    • Board Director Programme
    • myFT
    • Portfolio
    • Today’s Newspaper (FT Digital Edition)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In