All articles by Hugh Radojev – Page 45
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NewsMarks & Spencer upgrades profits as sales grow
M&S has upgraded its profit outlook after growing market share in its clothing and home and food businesses.
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NewsWilko on brink of administration
Embattled retailer Wilko has filed a notice of intention to appoint administrators after failing to find investment.
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NewsScS confident in full-year profit guidance despite cost-of-living crisis
Furniture specialist ScS expects to report full-year profit guidance in line with expectations, despite the ongoing effects of the cost-of-living crisis.
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NewsPets at Home customer numbers grow as revenues spike
Pets at Home has reported an increase in “active VIP” customers and a jump in both total and group like-for-like sales.
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NewsNext increases full-year profit guidance as sales jump
Next has increased its full-year guidance for group profit before tax by £10m, following a “much better than expected” period of full-price sales.
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NewsIceland reviews Holiday 1p Helpers with new items for summer
Frozen food specialist Iceland has brought back its 1p online sale for the summer holidays to help customers through the cost-of-living crisis.
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NewsGreggs boss warns higher prices are baked in
Greggs chief executive Roisin Currie has said that while the retailer is seeing inflation coming down, she expects higher prices will remain indefinitely.
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NewsShoplifters who commit repeat offences threatened with prison
Shoplifters, thieves and violent people who commit repeated offences could be handed mandatory prison sentences under plans being mulled by the government.
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NewsShop price inflation falls to lowest levels in a year during July
Shop price inflation hit its lowest levels seen all year in July, despite food prices remaining stubbornly high.
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NewsAmazon closes first ever UK Just Walk Out store
Amazon has closed its first ever checkout-less Just Walk Out store in west London after just over two years of operation.
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NewsWickes rolls out share buyback programme
Wickes has launched a £25m share buyback programme to return “surplus cash” to shareholders after improved second-quarter trading.
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NewsIceland invests £26m in slashing prices on 500 items
Frozen food specialist Iceland has invested £26m in slashing prices on 500 “weekly shop items” and in putting a third of its entire range into its “mix and match” multibuy offering.
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NewsHarrods unveils plans for first private members’ club in Shanghai
Luxury department store Harrods has unveiled plans to open its first-ever private members’ club in Shanghai, China, by the end of the year.
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NewsNisa partners with on-demand delivery firm Just Eat
Nisa has launched a tie-up with Just Eat to launch an on-demand online delivery partnership.
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NewsBurberry sales jump as core categories perform strongly
Luxury brand Burberry has reported a jump in sales, as core categories for the brand such as outerwear and leather goods performed well.
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NewsSuperdrug profits surge off the back of strong own-brand product performance
Superdrug has reported surging profits and sales off the back of improved footfall, successful own-brand product launches and a strong Christmas performance.
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NewsWaitrose launches on-demand delivery service on Uber Eats
Waitrose has partnered with Uber Eats to launch a grocery delivery service on the platform.
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NewsMorrisons to stock Savers products in c-stores
Morrisons has become the first supermarket chain to stock entry-level products on convenience store shelves.
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InterviewInterview: AllSaints boss Peter Wood has finally found the meaning of cool
AllSaints CEO Peter Wood talks to Retail Week about the secrets of fashion success, thriving as a British brand overseas and his IPO dreams
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NewsMorrisons closes Bradford packing plant putting 450 jobs at risk
Morrisons plans to close a packing plant in its home city of Bradford as part of cost-cutting measures, putting 450 jobs at risk.