All articles by Grace Bowden – Page 12
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NewsUpdated: Jaeger axes over 200 jobs as M&S completes acquisition
Marks & Spencer has completed its deal to acquire the brand and stock from Jaeger, resulting in the fashion retailer axing its roles and shutting down its store estate.
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NewsHalfords and Dunelm report strong Christmas sales uplifts
Halfords has delivered a rise in festive sales buoyed by the retailer’s “best ever Christmas week”, while Dunelm has posted an increase in Christmas sales driven by a surge in online demand.
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NewsTesco Christmas sales climb boosted by online
Tesco has recorded a strong uplift in sales over the festive period as boss Ken Murphy says the grocer “delivered a record Christmas across all of our formats and channels”.
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NewsThe Hut Group boss aims to double beauty brands in acquisition drive
The Hut Group chief executive Matt Moulding has said we would like to double the number of beauty brands the business owns in the next two years.
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NewsJohn Lewis switches off click and collect at ‘critical point’ of Covid crisis
John Lewis will stop offering click and collect from its stores in a bid to reduce non-essential travel by customers.
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NewsThe Hut Group and Very post record surges in Christmas sales
The Hut Group has reported Christmas sales growth ahead of previous forecasts and upped its full-year expectations, while The Very Group reported its “best ever Christmas trading period”.
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NewsDr Martens laces up for stock market debut
Dr Martens owner Permira is planning an IPO for the iconic footwear retailer this year.
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NewsBrexit: M&S warns of tariff impact as NI supermarkets struggle with supply
Marks & Spencer today warned that its EU businesses would be “significantly impacted” by new red tape and tariffs under the Brexit deal, while supermarkets in Northern Ireland are struggling with shortages.
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NewsBoots first-quarter profits slide despite online sales surge
Boots has reported a further decline in its quarterly profits and sales, despite its online sales more than doubling year on year.
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NewsMorrisons Christmas sales rise boosted by traditional festive fare
Morrisons delivered a strong uplift in like-for-like sales over Christmas as shoppers responded to a challenging festive period by buying classic food and drink products.
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NewsNext edges up profit guidance after stronger than expected Christmas sales
Next has upped its full-year profit guidance again after delivering “much better” sales over the Christmas period than expected in previous guidance
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NewsAll non-essential retail to close in England and Scotland as lockdowns return
Retailers classed as ‘non-essential’ will have to close their stores across England as the country enters its third national lockdown to stem the spread of coronavirus.
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NewsFrasers Group snaps up fashion retailer Psyche
Frasers Group has acquired fashion retailer Psyche’s stores and online business for an undisclosed sum.
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NewsAldi pledges to plough £3.5bn into UK-made food and drink
Aldi is upping its range of UK-made food and drink with plans to spend £3.5bn on domestic products annually within five years.
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NewsFormer Tesco boss Dave Lewis knighted in new year’s honours
Former Tesco chief executive Dave Lewis will be knighted in the Queen’s new year’s honours, while supermarket chiefs and workers are among those recognised for efforts during the coronavirus pandemic.
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AnalysisTier four fears: Retail CEOs on shop closure ‘body blow’ and port delays
After the toughest of years, retailers were dealt another savage blow in the crucial final trading week ahead of Christmas.
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NewsM&S launches instant payment tech to drive festive grocery sales
Marks & Spencer has rolled out instant payment technology across 200 of its stores in a bid to allow shoppers to make grocery purchases quicker.
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NewsArcadia brand Evans acquired by City Chic in £23m deal
Arcadia subsidiary Evans has been bought out of administration by Australian plus-size retail group City Chic Collective.
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NewsOcado appoints new chair to succeed Lord Stuart Rose
Ocado has appointed Richard Haythornthwaite as its new non-executive chair, to succeed Lord Stuart Rose next year.
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NewsTier four non-essential retail closures will have ‘severe’ consequences
‘Non-essential’ retailers in London and the Southeast of England have been forced to shut shops in the final week of Christmas trading under new tier four restrictions.