More on Me + Em – Page 409
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NewsJoules pulls away from EU trade as Brexit costs bite hard
Lifestyle brand Joules has made moves to terminate some of its wholesale agreements with EU stockists as Brexit costs made the channels unprofitable.
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NewsPeloton replaces boss and cuts 2,800 jobs amid sales slowdown
Exercise equipment brand Peloton, which grew in popularity over pandemic lockdowns, has revealed it is replacing its chief executive and will lay off 2,800 employees.
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NewsDunelm delivers ‘record performance’ as profits and sales rise
Home and DIY giant Dunelm said it remained “confident in long term growth plans” following strong interim profits and sales.
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NewsOcado boss downplays effects of food inflation on online grocery sales
Ocado boss Tim Steiner has said the pureplay grocer has been largely immune to the inflationary price rises gripping the industry and downplayed risks to sales.
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NewsJoules posts profit fall as costs take toll
Fashion retailer Joules has suffered a decline in first-half profits as rising costs hit its bottom line.
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NewsOcado earnings slip in year of tech investment
Online grocer and tech platform Ocado has reported a fall in full-year earnings as it invested in technology.
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DataData: Retail sales grow in January despite rising cost of living
Retail sales rose in January despite ongoing consumer uncertainty due to rising inflation, as well as higher energy and transport prices.
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NewsAsda makes budget ranges promise after anti-poverty campaigner complaints
Asda will ensure its budget Smart Price and Farm Stores ranges will be available at all of its 581 stores and online after complaints from anti-poverty campaigner Jack Monroe.
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NewsTesco chair warns of further inflation with ‘the worst yet to come’
Tesco chair John Allan has warned that supermarket prices could rise as much as 5% by spring.
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NewsPets at Home appoints Sky UK exec as new CEO
Pets at Home has appointed Sky UK chief consumer officer Lyssa McGowan as its new chief executive.
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Opinion‘Amid all the turbulence, retail starts the year from a position of relative strength’
Christmas was good for many retailers, but to maintain share or increase growth in a volatile environment, it will be necessary to invest in differentiation, believes PwC industry leader for consumer markets Lisa Hooker
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NewsAmazon’s UK sales soar as it doubles down on bricks-and-mortar offerings
Amazon’s UK sales grew by more than 20% last year on top of a 51% rise in 2020.
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NewsExclusive: Music Magpie expands rental service to tablets, MacBooks and consoles
Music Magpie is expanding its rental subscription service into a series of new product categories, including tablets, games consoles and Apple MacBooks.
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NewsExclusive: M&S bolsters clothing and home top team as Lindsey brothers step aside
Marks & Spencer has made changes to its clothing and home leadership team as it pushes to further improve performance and sourcing gurus the Lindsey brothers stand down.
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NewsAmazon reveals sales surge and ups price of Prime subscription
Amazon has reported a rise in sales and earnings over the Christmas quarter and is to increase the cost of a subscription to its Prime service.
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Opinion'Why Walmart’s InHome delivery scheme may be convenience retail’s final frontier'
Where Walmart goes, other retailers frequently follow and the latest foray by the US powerhouse takes it right into customers’ homes – specifically their kitchens.
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OpinionJo Whitfield: ‘Race to the bottom on price raises fears about sustainability of food production’
Lower prices for shoppers must not mean a squeeze on farming and suppliers, argues Co-op Food chief executive Jo Whitfield
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NewsBoohoo unveils first beauty brand with cruelty-free pledge
Boohoo has launched its own beauty brand, marking the latest step in the online fashion retailer’s quest to become a “one-stop-shop for all things fashion, beauty and lifestyle”.
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DataData: Number of newly appointed retail CEOs falls to lowest level in 10 years
Only 18 new retail CEOs were appointed in the UK last year, marking a 54% drop from 2020.
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NewsTesco promotes chief people officer to Republic of Ireland boss
Tesco has promoted from within for the new boss of its Republic of Ireland business and for the first time they will also be a member of the grocer’s executive team.