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Getir raises cash to fund UK and Europe retreat
On-demand food retail platform Getir is seeking funding from investors to cover its retrenchement from Europe.
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Exclusive: TK Maxx the most popular value website for bargain hunters
TK Maxx was the most-visited value retail website over the past two years, Retail Week can reveal.
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Exclusive: Primark names new executives on strategic advisory board
Martin Brok, Sona Chawla and Christophe Roussel have joined Primark’s strategic advisory board, chaired by outgoing finance director John Bason and led by chief executive Paul Marchant, Retail Week can reveal.
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Cotswold Co expands home delivery in Northern Ireland
The Cotswold Company is expanding its online offer in Northern Ireland following a trial last summer.
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Grocery shoppers still hunting bargains as inflation falls again
Grocery shoppers saved themselves £1.3bn through promotional spending over Easter, as inflation fell for the 14th month in a row.
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John Lewis finance boss heads for the exit
John Lewis Partnership finance supremo Bérangère Michel is to leave after more than a decade at the retailer, where she held a raft of top roles.
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THG sales dip as devalued yen hits nutrition business
THG has reported a dip in sales for the first quarter as its nutrition business proved to be a drag on surging beauty sales.
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JD Sports strikes £899m deal for US sportswear brand Hibbett
JD Sports has entered into a binding agreement to acquire US sportswear brand Hibbett for £899m.
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Primark profits soar as retailer targets further UK click-and-collect rollout
Primark profits have leaped and sales increased as the fashion brand targets rolling out click and collect across more stores across the UK.
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The Body Shop’s downfall triggered by owner’s failure to refinance loan
The Body Shop’s collapse was triggered by owner Aurelius failing to refinance loan, which resulted in an unplanned funding gap upwards of £100m.
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Marks & Spencer launches free postal donation service for pre-loved clothing
Marks & Spencer is trialling a free postal donation service, in partnership with Oxfam, as it calls upon customers to donate wearable and unwearable clothing with the potential to be used, reused or recycled.
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Asda sales and profits increase as it continues focus on growth
Asda has reported increased sales and underlying profits as the supermarket continues its strategy to focus on growth.
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Getir close to exiting UK market
Grocery delivery app Getir is said to be preparing to exit the UK market, which could put more than 1,000 jobs at risk.
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Ocado shareholders push for switch to New York stock market
Ocado is under pressure from its shareholders to consider leaving the London stock market for New York, according to The Sunday Telegraph.
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TikTok Shop UK launches preowned luxury category
TikTok Shop UK has launched a preowned luxury fashion category where shoppers can browse through big brands added to the platform.
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Asda co-owner Zuber Issa close to selling £500m stake
Asda co-owner and billionaire Zuber Issa is reportedly edging closer to securing a deal to sell his £500m stake in the grocer to private equity firm TDR Capital.
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Boots gives vegan own-brand range a makeover
Boots has relaunched its vegan and cruelty-free own-brand cosmetics range the Natural Collection by launching over 100 products with a clean new look and fresh formulations available at £5 or under.
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Rapid-delivery firm Gopuff to price match against Aldi
Grocery delivery platform Gopuff has announced it is price matching against discounter Aldi on certain items for London-based customers.
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L’Oréal sales surge as mass-market beauty outgrows luxury
Global cosmetics giant L’Oréal has kicked off the first quarter with high-single-digit growth in sales as it “continued outperformance in a global beauty market that remained dynamic”.
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Retail sales flat in March, official data shows
Retail sales growth was flat last month, the Office for National Statistics (ONS) has reported.