All articles by Caoimhe Gordon – Page 5
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NewsHalfords and Poundland post golden-quarter growth
Halfords and Pepco, which owns Poundland, have both reported quarterly sales growth despite ongoing challenges presented by the pandemic.
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DataRanking: The 50 best companies to work for in the UK, according to employees
Just two retailers have been named among the 50 best companies to work for in the UK, according to Glassdoor’s Best Places to Work 2022 survey.
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NewsPrivate equity firms Bain Capital and CVC set to team up for Boots bid
Two of the world’s largest buyout firms Bain Capital and CVC have reportedly joined forces to launch a joint takeover bid for Boots.
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NewsWilko to axe 15 stores putting hundreds of jobs at risk
Home and garden retailer Wilko is to close 15 stores across the UK in the next year, threatening more than 300 jobs.
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NewsBoots sales strengthen as Walgreens Boots Alliance raises guidance
Boots recorded an increase in first-quarter sales as parent company Walgreens Boots Alliance (WBA) raised its full-year profit expectations.
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NewsPepco Group chief executive Andy Bond to step down
Andy Bond, chief executive of Poundland owner Pepco Group, is to leave the company following seven years in charge.
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News100,000 key workers to take daily Covid test in bid to curb virus spread
Workers from critical industries across the UK must now take a lateral flow test every working day in an effort to catch infections earlier.
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NewsM&S activewear sales soar as consumers embrace health and wellbeing
Marks & Spencer is set to launch a new campaign focusing on its Goodmove brand as sales of its activewear products accelerated over the pandemic.
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NewsAldi to recruit more than 100 new British suppliers in local-sourcing drive
Aldi is set to recruit an additional 100 British suppliers in 2022 following its commitment to increase spend with British suppliers by £3.5bn a year by the end of 2025.
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NewsPost-Brexit rules set to disrupt UK food supplies in the new year
Food shortages are anticipated in the new year as post-Brexit border controls on animal and plant products from the European Union come into force from January 1.
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NewsShoppers seek bargains as Asos anticipates high Boxing Day demand
Sixteen million shoppers across the UK are expected to hit the Boxing Day sales this year, with consumers predicted to spend an average of £136 per person on the day.
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NewsMissguided secures rescue deal from Alteri Investors
Alteri Investors has acquired a 50% stake in the struggling online fashion retailer Missguided, giving the brand the liquidity needed to ride out the ongoing supply chain crisis.
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NewsGrocery bosses fear staff shortages as Omicron cases soar
Food industry leaders have warned the surge of Omicron cases in the UK could lead to staff shortages, cancelled deliveries and store closures during the crucial Christmas and new year trading period.
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NewsMike Ashley mulls taking Frasers Group off the stock market
Frasers chief executive Mike Ashley is reportedly preparing to take the company private following a period of strong growth for the group’s brands.
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NewsAmazon teams up with Barclays to launch ‘buy now, pay later’ service
Amazon has partnered with Barclays to offer its UK customers a new buy now, pay later service.
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DataData: Confidence edges down as consumer interest in major purchases declines
The rising cost of living and the Omicron variant have led to a decrease in consumer confidence during the festive season.
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NewsIn The Style earnings fall amid ‘higher than anticipated’ return rates
In The Style has suffered a fall in half-year profits after being hit by supply chain challenges and “higher than anticipated” return rates.
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NewsCurrys profits rise despite supply chain disruption
Currys has reported an uplift in profits during its first half and insisted it will “ride out” ongoing supply chain challenges and “bumpy demand” heading into 2022.
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NewsTesco agrees pay deal with Usdaw to avert pre-Christmas strike
Tesco has struck a pay deal with trade union Usdaw to fend off a strike by workers at nine of its distribution centres.
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NewsPoundland owner Pepco’s profits soar as new store openings boost sales
Pepco has recorded strong growth in profits despite “a challenging Covid-affected trading environment”.