All articles by Hugh Radojev – Page 18
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NewsCo-op ready to ‘stand and fight’ against inflationary pressures
The Co-op says the work it has done over the last few years to offset costs and strengthen its balance sheet means it’s now ready to “stand and fight” in any potential price war.
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NewsTopps Tiles sales improve despite challenging external cost environment
Topp Tiles have reported improving sales in the first half of the year but warned that the external cost environment remains challenging for the business.
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NewsAsda launches facial recognition trial to combat retail crime
Grocer Asda has begun trialling live facial recognition at five stores in a bid to assess how the technology can help it battle spiking rates of retail crime.
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NewsFormer Nisa director named head of rebranded Co-op wholesale business
The Co-op has launched a new wholesale business and placed a former Nisa director as its head as the brand looks to “reaffirm its commitment to the independent retail sector”.
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NewsBoohoo vows to push forward with Debenhams rebrand despite Frasers Group intervention
Boohoo has vowed to push forward with its plans to rebrand the group to Debenhams, despite Frasers Group thwarting its efforts to pass a resolution on the subject at today’s general meeting.
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NewsAsda invests £80m in raising frontline staff pay
The supermarket said this brings its total investment in staff pay to half a billion pounds since 2021.
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NewsDeliveroo launches ‘Morrisons More’ loyalty scheme for grocery customers
Deliveroo has today launched Morrisons More loyalty scheme on its app for grocery customers, becoming the first app to integrate the scheme into its platform.
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NewsH&M profits hit by ‘negative external factors’ and increased markdowns
Swedish fashion giants H&M have reported a dip in profits in the first quarter, driven by “negative external factors”, increased markdowns of products and investment.
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NewsNext upgrades profits and sales guidance after strong start to the year
Next has upgraded its full price sales and pre-tax profit guidance for the current financial year after trading in the first eight weeks of the period were ahead of expectations.
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NewsSpring statement brings no new pain for retail – but no relief either
While today’s spring statement did not have any more unexpected tax rises in-store for retail, it also did not deliver any relief for a sector still coming to terms with the October Budget.
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NewsMorrisons sales jump as grocer ramps up cost-cutting targets
Morrisons’ sales for the first quarter jumped, as the retailer increased its cost savings target by £300m to £1bn in the “medium term”.
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GalleryService and sustainability centre stage at first new Whole Foods UK store in over a decade
Whole Foods has today opened its first new UK store in over a decade, featuring full-service fish, meat and cheese counters, as well as food on-the-go offerings and a wellness and beauty department.
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NewsCo-op to launch ‘biggest ever value campaign’
C-store specialist Co-op has waded into the looming UK grocery price war, launching its first-ever Aldi price match as part of its “biggest ever value campaign” launch ever.
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NewsMorrisons puts hundreds of jobs at risk as part of strategic review
Morrisons has put over 300 jobs at risk as it makes changes and adjustments to its stores and operations.
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GalleryThe Range opens new superstore format featuring Homebase shop-in-shop
The Range has opened a new superstore format, featuring a ‘Kitchens by Homebase’ shop-in-shop for the first time.
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NewsConsumer confidence stabilises as Gen Z gears up to spend
Consumer confidence has stabilised in March following a record low in February, with younger shoppers, particularly Gen Z consumers, expected to spend more.
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NewsBoots customers can now earn Advantage Card points on Deliveroo and Uber Eats orders
Boots customers will now be able to earn Advantage Card points from purchases made through Deliveroo and Uber Eats apps.
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NewsTesco tops list of ‘most considered’ UK grocers while Aldi remains best rated for price
Tesco has topped the list of UK customers’ “most considered” supermarkets in the country, while discounter Aldi is the top rated for price, Retail Week can reveal.
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NewsCo-op and Uber Eats unveil new three-year delivery partnership
C-store specialist Co-op and Uber Eats have announced a new three-year partnership renewal, extending delivery collaboration through Uber Direct and Peckish.
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NewsGovernment plans to raise business rates to cost ‘600 shops and 5,500 jobs’
The government’s plans to raise business rates for the largest retailers puts over 600 stores and over 5,000 jobs at risk.