All articles by Hugh Radojev – Page 21
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NewsMorrisons hails ‘broad based progress’ as profits and revenues jump
The grocer’s turnaround looks to be gathering pace as it reported strong Christmas trading and full-year profits and revenues both climbing.
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NewsCastore scores big over Christmas with ‘strongest ever sales performance’
Sportswear brand Castore has enjoyed a “record Christmas” hailing its “strongest ever trading performance” over the period.
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NewsWHSmith’s travel business takes flight as high streets continue to drag
WHSmith has praised the “strong momentum” across its increasingly core travel business, not least in the US, while its high street stores performed “in line” with expectations.
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NewsWickes upgrades profit forecast as retail sales grow
Wickes has upgraded its full year profit forecast, after retail sales jumped in the second half of the year.
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NewsPets at Home cites ‘challenging consumer backdrop’ for sales slide
Pets at Home has reported a slump in retail revenue in the third quarter, putting it down for a “challenging consumer backdrop”.
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NewsShop price deflation driven by retailers offering deep discounts
Shop price deflation in the first month of the year was driven by retailers offering customers deep discounts during the period.
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Opinion‘While it’s easy to blame the Budget, retailers shouldn’t let it become the new “unseasonable weather”’
While last week’s sad job cuts at Sainsbury’s and Morrisons highlight the increasing pressures on business from the Budget, retailers should avoid letting it become a catch-all excuse for underperformance.
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NewsHotel Chocolat savours record Christmas as it eyes US expansion
Premium chocolate retailer Hotel Chocolat enjoyed record Christmas trading and has now turned its attention to expanding in the US.
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NewsIceland throws jobs lifeline to those being let go by Sainsbury’s and Morrisons
Frozen food specialist Iceland has invited those at risk of redundancy at both Sainsbury’s and Morrisons to apply for one of 600 roles it currently has vacant.
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NewsLakeland family owners explore possibility of a sale
The owners of kitchenwares retailer Laklend is considering putting the business up for sale after more than 60 years of ownership.
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NewsCDS Superstores relaunches Homebase ecommerce website
The Range owner CDS Superstores has today relaunched the Homebase website, following its earlier acquisition of the brand out of administration in 2024.
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NewsMorrisons axes hundreds of staff as it slashes costs
Morrisons has axed more than 200 staff members from its Retail People Team, becoming the latest supermarket to kick off the new year with layoffs.
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NewsSainsbury’s to axe thousands of jobs as it closes counters and streamlines head office
Supermarket giant Sainsbury’s is set to slash thousands of jobs across its supermarket estate and head office functions as it targets more growth.
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NewsAldi and Lidl back calls for pause on inheritance tax reforms
Discounters Aldi and Lidl have both thrown their support behind farmers protesting at the government’s proposed reforms on inheritance tax.
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NewsFanatics to open first ever Collectibles flagship store in London
Sportswear giant Fanatics is set to open its first-ever global flagship store for its Collectibles brand on London’s iconic Regent Street later in the year.
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NewsWaterstones profits have soared as workers return to the office
Waterstones has hailed workers returning to the office, increasing footfall in London and the rebound of international tourism for contributing to its profits quadrupling in its most recent financial year.
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NewsPrimark has launched a clothing range for people with disabilities
Fashion giant Primark has launched a range of men’s and womenswear adapted from the brand’s bestselling products to meet a variety of needs.
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AnalysisThe return of President Trump means inflationary headwinds for UK retail
While Trump didn’t follow through with his promises to launch an international trade war on day one, experts are warning his return to the presidency will mean higher prices for UK consumers.
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NewsAsda poaches executive from Morrisons for newly created role
Asda has announced the appointment of David Lepley as its new chief supply chain officer, a newly created role it outlined last week.
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NewsAldi awards highest hourly pay rate for supermarket staff
Aldi has outpaced its grocery rivals by announcing a pay increase for its store staff, raising hourly rates to at least £12.71 nationally and £14 within the M25.