All articles by Hugh Radojev – Page 39
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NewsVirgin Wines hails ‘good Christmas’ as sales and profitability jump
Virgin Wines has hailed a strong Christmas trading period, reporting increases in both total revenues and profitability and maintaining its full-year profit guidance.
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NewsOfcom review paves way for Royal Mail to scrap Saturday deliveries
Royal Mail could be given the green light to scrap Saturday deliveries as part of an Ofcom review into how the UK’s postal service may need to be updated.
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NewsSainsbury’s boss backs law change to deal with spiralling retail crime
Sainsbury’s boss Simon Roberts has said that abuse and physical attacks on Sainsbury’s staff have “escalated through last year” and backed calls for changes in the law to protect shopworkers.
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NewsJohn Lewis staff could face smaller pay rises
John Lewis staff have been informed they face the prospect of smaller pay rises under new proposals being considered to give the business more flexibility as its turnaround continues.
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NewsLogistics giant Wincanton to go private in £560m mega deal
Wincanton is set to be snapped up by French shipping giant CMA CGM and delisted from the London Stock Exchange in a deal worth over £560m.
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NewsAsda to open more new c-stores this month
Asda is ramping up its expansion into the convenience store market with plans to open 21 new c-stores before the end of the month.
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GalleryBrazilian brand Farm Rio opens first European store on King’s Road
Brazilian fashion and lifestyle brand Farm Rio has opened its 100th international and first-ever European store on King’s Road, Chelsea, London.
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NewsNaked Wines sales slip as repeat customer base shrinks
Naked Wines said that constant currency sales were down over peak trading but are steadily improving, despite its average repeat customer base shrinking by 12%.
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NewsDunelm holds firm on outlook despite surging sales
Dunelm has refused to nudge up full-year profit expectations despite hailing “strong sales growth” in the first half of the year.
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NewsLosses deepen at The Works as Christmas fails to deliver
The Works has reported deepening losses as cash-strapped customers prioritised food and essentials over gifts at Christmas.
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NewsNickolds exits Sainsbury's to become White Company CEO
Sainsbury’s has unveiled a host of changes to its operating board, the most notable being the departure of general merchandise commercial director Paula Nickolds.
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AnalysisRed Sea: What’s the situation and how are retailers mitigating the impact?
As the tensions in the Red Sea continue to escalate, Retail Week looks at how retailers are dealing with supply chain disruptions and the options on the table to mitigate potential price rises and availability issues.
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NewsBooths hails record Christmas week sales
Independent supermarket Booths has hailed record sales over the seven days leading up to Christmas.
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NewsCo-op scraps rewards scheme in favour of members-only price cuts
The Co-op is set to scrap its 2p for every £1 spent rewards scheme in favour of a “significantly increased” number of member-only prices and deals across the business.
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NewsBrandAlley acquires footwear resale platform The Edit LDN
Online retailer BrandAlley has acquired a majority stake in footwear resale platform The Edit LDN.
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NewsFormer Tesco boss Dave Lewis joins Morrisons owner CD&R
Former Tesco chief executive Sir Dave Lewis has been hired by US-based private equity firm Clayton, Dubilier & Rice (CD&R) in an advisory role.
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NewsAldi offers contactless payment at checkout-free store
Aldi has become the latest supermarket to experiment with checkout-less stores by offering customers a contactless payment option.
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Opinion‘Christmas shows the grocers’ relentless focus on price is hurting the discounters’
While Aldi and Lidl both enjoyed their best-ever Christmases, the even stronger performance of the supermarkets shows the empire is striking back.
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NewsHelloFresh slapped with fine for spamming customers
Recipe-in-a-box retailer HelloFresh has been slapped with a £140,000 fine by the Information Commissioner’s Office for sending millions of spam emails and texts.
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NewsSainsbury’s launches EV charging business
Sainsbury’s has launched an electric vehicle (EV) charging business called Smart Charge.