All articles by Luke Tugby – Page 20
-
NewsBoohoo investors urged to oust Kamani and Lyttle over modern slavery scandal
Boohoo’s biggest shareholders have been urged to oust its chair and co-founder Mahmud Kamani and boss John Lyttle following a damning report into working conditions and pay in the warehouses of its Leicester suppliers.
-
AnalysisProfile: Asda’s new owners – the billionaire brothers with community values
Britain’s third-largest supermarket chain Asda has returned to private ownership, but who are the billionaire brothers behind the £6.8bn deal? Retail Week takes a closer look at Mohsin and Zuber Issa.
-
NewsM&S poaches Next digital trading boss for new analytics role
Marks & Spencer has recruited Next’s head of digital trading Gemma Lumsden as it ramps up its efforts to turbocharge online growth.
-
Opinion‘Whisper it for now, but retail is on the road to recovery’
One would be forgiven for thinking retail was on its proverbial deathbed given some of the media coverage of the past few days.
-
NewsCard Factory swings to loss as coronavirus hits sales
Card Factory has swung to a half-year loss after the coronavirus crisis battered its sales.
-
NewsB&M raises profit forecast following first-half sales surge
B&M has raised its half-year profit guidance following a “strong” uplift in sales.
-
NewsGreggs resumes store-opening programme as sales recover in September
Greggs has reinstated its store-opening plans after hailing “improving” sales during September.
-
NewsHotel Chocolat strikes Hut Group deal in US as coronavirus hammers profits
Hotel Chocolat has struck a deal with The Hut Group’s Ingenuity technology arm to bolster its presence in the US after the retailer’s profits were hammered by the coronavirus crisis.
-
NewsEG Group founders and TDR Capital lead race for £6.5bn Asda deal
The co-founders of EG Group and TDR Capital have moved into pole position in the race to buy Asda.
-
NewsAldi boss Hurley eyes ‘significant’ click-and-collect opportunity
Aldi UK boss Giles Hurley believes the grocer has “significant” potential to grow its burgeoning click-and-collect proposition as it expands its online presence.
-
NewsNext boss Wolfson: Thousands of retail jobs ‘unviable’ post-Covid
Next boss Lord Wolfson has warned that thousands of traditional retail jobs have become “unviable” in the wake of the coronavirus crisis.
-
NewsBoohoo probe uncovers ‘many failings’ in Leicester supply chain
An independent review into Boohoo’s UK supply chain has uncovered “many failings” in its work with garment manufacturers in Leicester.
-
NewsTesco and Morrisons reinstate rationing as stockpiling concerns mount
Tesco and Morrisons have reinstated rationing of essential products amid fears that customers are starting to stockpile again.
-
NewsAsda to pilot convenience format and B&Q shop-in-shops
Asda is to test a new convenience store format and launch B&Q shop-in-shops inside four of its largest superstores.
-
AnalysisAnalysis: Three ways Inditex beat the fashion blues to return to profit
Zara owner Inditex swung back into the black during its second quarter, despite the ongoing impact of the coronavirus pandemic.
-
Opinion‘Landmark CVA vote must usher in a New Look for retail rents’
One line stood out in New Look chief executive Nigel Oddy’s statement this afternoon after creditors rubber-stamped its controversial company voluntary arrangement (CVA).
-
NewsMorrisons poaches Sainsbury’s Rachel Eyre as new customer and marketing boss
Morrisons has poached Sainsbury’s Rachel Eyre as its new chief customer and marketing officer.
-
NewsEat Out to Help Out scheme wipes £155m off supermarket sales
Shoppers spent £155m less in supermarkets last month as they returned to restaurants, pubs and cafes during the Eat Out to Help Out scheme.
-
NewsNext seals deal for Victoria’s Secret UK business
Next has reportedly sealed a deal to snap up a majority stake in Victoria’s Secret’s struggling UK business.
-
NewsEve Sleep ties up with Boots on Christmas ranges as losses narrow
Eve Sleep has partnered with health and beauty giant Boots to launch a range of Christmas gifting products as it seeks to build sales momentum.