All articles by Hugh Radojev – Page 24
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NewsInditex has reported a strong start to Christmas trading as sales and profits soar
Zara owner Inditex has reported a strong start to festive trading, as sales and profits soared over the year.
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AnalysisAmerican dreams: Why UK retailers are once again expanding across the Atlantic
In the past, the US has been a bit of a graveyard for British retailers; a land of almost limitless opportunities that few ever truly realise. However, with a number of brands heading stateside this year, is the American dream back on for UK retail?
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NewsGrocery sales forecast to exceed £13bn over Christmas for first time ever
Grocery sales are expected to exceed £13bn over the four weeks of December for the first time ever, according to the latest Kantar grocery market share data.
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NewsConsumers predicted to leave it late but spend big this Christmas
While the build-up to the golden quarter has been glacial, new predictive data from PwC shows that consumers are set to spend big this Christmas.
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NewsNearly half of retail employees considered quitting their jobs this summer
More than two in five UK retail employees were at risk of quitting their jobs this summer, a double-digit increase on the year before.
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Innovation of the WeekLøci opens first immersive retail concept on Oxford Street
Innovation of the Week is a series highlighting retail initiatives that have caught the eye of our team. Every week, we will bring you new ideas and case studies across consumer, technology, sustainability, economy, policy, and industry.
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NewsNon-food sales have given retailers much-needed Black Friday boost
New data from the British Retail Consortium shows that non-food and in-store sales were given a much-needed boost over the Black Friday weekend.
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NewsPolice investigating Boohoo stalking allegations
Police have been called in to investigate allegations of stalking and “corporate espionage” made by several Boohoo Group executives.
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NewsCard Factory eyes up US expansion with Garven Holdings acquisition
Card Factory is set to enter the US market following the £20m acquisition of Garven Holdings.
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NewsWatches of Switzerland is upbeat heading into Christmas despite plummeting profits
Watches of Switzerland boss Brian Duffy has said the brand is performing “encouragingly” heading into Christmas, despite profits plummeting at the retailer.
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NewsFrasers has blamed the Budget after profit warning
Frasers Group has this morning issued a profit warning, blaming the Budget and recent tough trading conditions for the £50m hit to its bottom line.
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NewsWomenswear brand Leem to open first standalone UK store
International womenswear brand Leem is set to open its first ever standalone store in Westfield London later this month.
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AnalysisThat’s a wrap: Have Black Friday and Cyber Monday been boom or bust for UK retail this year?
After a depressingly slow November, retailers could have been forgiven for thinking that Christmas spending might never come. With the promotions coming to an end, did Black Friday and Cyber Monday actually deliver?
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NewsCo-op extends sustainability revolving credit facility
C-store specialist Co-op has extended its £400m sustainability-linked revolving credit facility for another five years.
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AnalysisAfter a slow start to the golden quarter, here’s how Black Friday sales are looking
While Black Friday spend has been slightly subdued in the past couple of years due to low consumer confidence, a cost of living crisis, and the event typically falling before payday, this year is looking like a different story
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NewsWaitrose opens first new c-store in six years
Waitrose has opened its first new convenience store in six years, in a twin bid to expand its store estate footprint and build on its partnerships with Shell and Welcome Break.
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NewsJust Eat to delist from London Stock Exchange
Delivery giant Just Eat has made the decision to quit the London Stock Exchange in order to save costs, in the latest blow for the City.
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NewsDr Martens warns of further profit headwinds as start for new CEO confirmed
Dr Martens has warned that the rest of the financial year will bring further profit and revenue headwinds, as it confirmed the start date for its new chief executive Ije Nwokorie.
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NewsACS writes to chancellor to warn that smaller retailers face ‘pretty bleak picture in 2025’
The chief executive of the Association of Convenience Stores has written a letter to chancellor Rachel Reeves warning that the Budget has left many smaller retailers facing a “pretty bleak picture in 2025”.
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NewsSecret Sales acquires H&M brand Afound to ‘expand its footprint’ in the Nordics
Discount premium marketplace Secret Sales has acquired H&M’s digital fashion outlet Afound, as it continues its European expansion into the Nordics.