Sausage roll to sandwich retailer Greggs has poached the retail director of Sainsbury's supermarket to be its new chief executive.

Scottish entrepreneur Tom Hunter may sell his shares in Dobbies garden centre, concluding a lengthy battle with supermarket Tesco, John Marshall writes.

Clothing retailer Alexon today said profits rose to £12 million after it eliminated losses associated with its menswear division.

Photographic retailer Jessops has reported like-for-like sales down 5% and total sales off 25% following the closure of 81 stores.

High street and catalogue fashion retailer Next has warned that trading conditions will continue to be 'difficult.'

Rob Templeman, chief executive of Debenhams, believes the department store group's debt level will be lower than it was expecting.

Outdoor wear store Blacks Leisure said an internal review has found the performance of its Sandcity unit has been overstated.

The Stanley Gibbons Group has reported a 20% rise in full-year pre-tax profit.

Britain's fourth biggest supermarket WM Morrison reported full-year earnings at the upper end of market expectations. It also committed to returning £1 billion to shareholders.

High street baker Greggs has fought off input price pressures to deliver a 12% rise in underlying pre-tax profit to £49 million.