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Dunkerton takeover bid off the cards as Superdry extends loan
Superdry boss Julian Dunkerton’s takeover bid is off the cards, despite him remaining “committed” to the business and mulling an equity raise, as the fashion retailer extends its funding facility by a further £20m.
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FatFace bolsters leadership team in latest growth push
Fashion retailer FatFace has bolstered its top team and unveiled a series of changes designed to “drive future growth”, following its acquisition by Next at the end of last year.
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Wilko launches new online tools and equipment rental service
Wilko has introduced a new online tool and equipment rental service for customers and DIYers.
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Boots sales rise as market share increases for 12th consecutive quarter
Boots has reported growth in both in-store and online sales in the three months ending February 29, 2024, as it delivered a retail market share growth for the 12th consecutive quarter.
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AO hails ‘good momentum’ as it expects to hit profit guidance
Electricals retailer AO said today it expects to hit its previously pledged profit guidance and surpass £1bn in sales for the full year.
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JD Sports maintains guidance as sales rise
JD Sports has maintained its full-year profit guidance, hailing “good strategic progress” during the year as sales edged up.
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Quiz CEO departs as sales slow amid strategic review
Quiz has confirmed that founder and chief executive Tarak Ramzan has stepped down with immediate effect and will be succeeded by the retailer’s chief commercial officer, Sheraz Ramzan, as sales slowed amid its ongoing strategic review.
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The Perfume Shop strengthens leadership with two new directors
The Perfume Shop has appointed Karen Harris and Laura Wilkinson to the newly created positions of customer director and online business director, respectively, as it looks to drive growth in both online and offline channels.
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Co-op makes membership prices available for ecommerce customers
The Co-op has today announced that its members will now have access to membership prices for online deliveries from its ecommerce website.
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Exclusive: M&S drafts in ex-Morrisons director to top stores role
Marks & Spencer has appointed a former Morrisons retail operations boss to become its director of central store operations.
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Morrisons hails ‘strongest’ sales growth in three years
Supermarket giant Morrisons has hailed its strongest like-for-like sales growth in three years in the first quarter of the financial year under new boss Rami Baitiéh.
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Exclusive: Uniqlo unveils 7% staff pay rise and rolls out new benefits
Fashion giant Uniqlo is to increase the hourly wage of its retail staff across the UK by 7%, as well as rolling out a series of new employee benefits, Retail Week can reveal.
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Asos, Asda and Boohoo pledge to clean up ‘misleading’ green claims
Asos, George at Asda and Boohoo have signed formal agreements to make changes to their green claims, following action from the Competition and Markets Authority (CMA).
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Revolution Beauty raises profit and sales guidance as trading picks up
Revolution Beauty has raised both its full-year profit and sales guidance after a marked improvement in trading since its Capital Markets Day back in February.
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H&M profits soar as giant focuses on ‘driving profitable growth’
Swedish fashion giant H&M has reported soaring profits in the first quarter of the year, despite a dip in sales.
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Third Asda store set to strike
A third Asda supermarket has voted to strike over what the GMB union describes as a “litany of issues”.
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Skincare brand Elemis to open first standalone store in London's West End
Skincare brand Elemis is set to open its first standalone store in Seven Dials this spring, strengthening its foothold as a “forerunner in providing premium skincare”.
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More store openings for The Range at former Wilko sites
The Range will open two new stores on Good Friday (March 29) at former Wilko sites, following the opening of another store last week in Hucknall, Nottingham.
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Ocado grows ahead of the pack as UK grocery price inflation continues to fall
UK grocery price inflation eased to its lowest level since early 2022 this month, but nearly a quarter of UK households still say they are struggling.
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Marks & Spencer launches TV search for design talent
Marks & Spencer is seeking its “next top designer” through a TV talent show tie-up with broadcaster ITV.