All articles by Grace Bowden – Page 20
-
News
Bensons for Beds bought by Alteri in pre-pack deal
Bensons for Beds and stablemate Harveys have fallen into administration, with the former being bought out by previous owners Alteri in a pre-pack deal.
-
Opinion
Opinion: Retail diversity shouldn’t hinge on one chief executive
This week, Card Factory chief executive Karen Hubbard will leave the business after four years at the helm.
-
News
Boohoo faces investor scrutiny over £150m bonus scheme
Boohoo has been criticised by a growing number of investors for the implementation and timing of its new bonus scheme, which could see its bosses receive a £150m payout.
-
News
Kim Kardashian sells $200m stake in cosmetics brand
French beauty titan Coty has snapped up a 20% stake in Kim Kardashian West’s KKW cosmetics range, less than a year after acquiring a majority stake in her sister Kylie Jenner’s beauty brand.
-
News
M&S and Next eye Victoria’s Secret UK arm
High street stalwarts Marks & Spencer and Next are understood to be mulling bids for beleaguered lingerie brand Victoria’s Secret’s UK division.
-
News
Nike sales plunge amid pandemic store closures
Nike has posted a drop in its quarterly sales with rising online revenue failing to offset declines.
-
News
Card Factory chief executive Karen Hubbard steps down
Card Factory boss Karen Hubbard is stepping down from her role at the end of this month after four years at the helm.
-
News
Tesco first-quarter sales jump driven by lockdown ecommerce surge
Tesco has reported strong sales growth in its first quarter bolstered by online as lockdown measures prompted a surge in demand.
-
News
Intu administration looms as financing talks fail
Embattled retail landlord Intu has said it is ‘likely’ to appoint administrators as negotiations with its lenders stall.
-
News
Retail landlords collect less than 15% of rent owed on quarter day
Retail landlords received a fraction of due rent on quarterly rent day earlier this week, with Boots among the big name retailers that withheld some payments.
-
Analysis
Go Outdoors rent day pre-pack – is JD Sports right to shaft landlords?
JD Sports has become embroiled in controversy after putting subsidiary Go Outdoors into administration before promptly buying it back and seeking to secure better rent deals. But should JD be cheered or jeered?
-
News
Very Group axes 141 roles in tech-driven restructure
The Very Group is cutting a number of roles across its head office and customer care team as it transforms its business in the wake of the coronavirus pandemic.
-
News
Amazon launches accelerator for UK start-ups and small businesses
Amazon has launched an accelerator to help small UK businesses develop their online operations.
-
News
JD Sports buys Go Outdoors back out of administration
JD Sports has bought its subsidiary Go Outdoors back for £56.5m in a bid to renegotiate better rents with landlords after putting the business into administration earlier this week.
-
News
Naked Wines narrows losses as lockdown accelerates sales growth
Naked Wines has reported narrowing losses in its full-year results spurred by a “sharp acceleration” in sales since the outbreak of the coronavirus pandemic in the West.
-
News
Coronavirus: Pubs set to reopen next month as 2m distancing rule relaxed
The government will ditch the two-metre social distancing rule from July 4 as it allows businesses including pubs, restaurants and hairdressers to reopen.
-
News
Shoe Zone swings to half-year loss as it closes 20 stores
Shoe Zone has reported a half-year loss and a fall in sales as it unveils plans to reduce the size of its store estate to cut costs.
-
Analysis
John Lewis, Superdry, Lush and Waterstones on trading in retail’s new normal
After three months of shuttered doors due to the coronavirus, English non-essential retail reopened to the public on Monday. Retail Week analyses the lessons to be learnt from the first days of trading.
-
Analysis
Analysis: What’s next for Boohoo, fashion’s new conglomerate?
Boohoo has wasted no time making good on its plan to snap up distressed fashion brands for a song in the post-pandemic retail landscape.
-
News
John Lewis under fire for lack of diversity in top ranks
John Lewis has come under criticism for having just six managers across its 158-strong UK-based management team who aren’t white.