Losses shrink at New Look The fashion retailer has reduced its statutory loss before tax by £30.7 in the 26 weeks ending 28 September 2018. Despite this positive development, LFL sales were down by 7.4%. Read more.

Poundland unveils own-brand ready meals The discounter has launched the £1.50 ready meals across its 800-strong store estate. The new development is part of Poundland's current attempt to become a destination for multi-price discount groceries. Read more.

Sainsbury’s and Coles announce supply deal Sainsbury's has unveiled a supply partnership deal with Australian grocery giant Coles. The wholesale arrangement will see Sainsbury's products sold in Coles as part of a move to catch up with the wholesale activities of Tesco, Morrisons and Co-op. Read more.

Landlord Landsec pledges to become net zero carbon business The owner of Bluewater shopping centre has announced a sustainability strategy to reduce absolute carbon usage by 70% by 2030. This move makes Landsec the first major landlord to commit to the target of maintaining global warming at 1.5°C. Read more.

Lidl makes plans for rapid expansion The German discounter has unveiled plans to open 230 UK stores in the next three years, taking its total to 1,000 sites by 2023. Read more.

Halfords inks £9m garage chain deal Halfords has acquired McConechy’s Tyre Service in a deal that will allow the retailer to serve across 900 locations the UK as part of its autocentre business unit. Read more.