More on Me + Em – Page 53
-
NewsFrasers Group bags ‘substantial’ increase to credit facility
Frasers Group has entered into a new term loan and revolving credit facility, bolstering its existing financing facilities to fuel future growth.
-
AnalysisCurrys completes turnaround phase as it looks to power ahead
Currys has beaten its annual profit expectations and resumed its dividend payments to shareholders as boss Alex Baldock and co have put their turnaround phase behind them.
-
NewsWatches of Switzerland surpasses $1bn in US sales
Its fast-growing US business has helped drive record revenues at the British hard luxury retailer.
-
NewsCurrys results show “strongest balance sheet in a decade”
The electricals retailer reported £162m in group adjusted profit before tax in the year ended May 3, 2025, a 37% increase year on year.
-
Opinion‘In an omnichannel world, online returns stances looks out of kilter with shopper behaviour’
Some people exploit the returns system but why should online customers be treated differently from in-store shoppers, asks Charlotte Hardie
-
AnalysisHot or not: Are soaring temperatures really behind Greggs’ unexpected profit warning?
In unexpected news today, high street food-to-go expert Greggs today issued an unexpected profit warning. Is the heat wave really to blame, or is there more than just weather at play?
-
NewsSuperdrug profits rise as sales grow across stores and online
Health and beauty retailer Superdrug has reported a rise in profit accompanied by a growth in sales across stores and online channels.
-
Chart of the WeekChart: How plastic packaging will increase costs for retailers
It is plastic-free July, and a government announcement last week means that retailers are going to have to focus on the subject whether they like it or not
-
NewsAsos rolls out new loyalty programme for UK shoppers
Fashion retailer Asos has announced the rollout of its new loyalty scheme, Asos World.
-
NewsMango launches AI fashion assistant in latest personalisation push
Fashion retailer Mango has announced the launch of a new AI-powered fashion assistant, Mango Stylist.
-
GalleryStore gallery: Iceland makes Beijing debut with first store in Asia-Pacific
Iceland Foods has taken the first step on its Asia-Pacific expansion journey, with the opening of its new store in Beijing, China.
-
NewsTrade customers power Topps Tiles revival
Topps Tiles has hailed its “strong trading momentum” and improving sales across the business, as its turnaround efforts gather pace.
-
NewsGreggs issues profit warning
Food-to-go giant Greggs has issued a profit warning, saying that it was dealing with strong year-on-year sales comparatives and ballooning costs across the business.
-
NewsMarks & Spencer ramps up store rotation programme and aims to put cyber attack behind it
Marks & Spencer is to accelerate its store rotation as it seeks to bring its best store formats and range to more shoppers, and expects to be trading online again within a few week following April’s cyber hack.
-
NewsScS-owner Poltronesofà sees sales uptick from refreshed UK stores
ScS-owner Poltronesofà is close to completing a £57m transformation of 96 of the sofa retailer’s stores and expects it to be “highly profitable” by 2026, Retail Week can reveal.
-
NewsClarks slashes 1,200 jobs as sales slump in ‘year of transition’
Footwear specialist Clarks slashed more than 1,000 jobs last year as its sales slumped by almost £100m in a “year of transition” at the business.
-
NewsThe Very Group makes new hire for its in-house creative agency
The Very Group has made a new appointment for its in-house creative agency to bolster its senior leadership team.
-
NewsSainsbury’s boss backs government’s new health plan
Sainsbury’s boss Simon Roberts has backed the government’s new 10-year plan for the NHS, saying that “everyone has to play their part in making sure we help drive towards better health outcomes”.
-
NewsJohn Lewis takes ‘big step forward’ in retail media
Grocery and department store group John Lewis Partnership has expanded its retail media offer beyond its own websites.
-
AnalysisThe true cost of inefficient stores, and what to do about it
Operational failures are costing retailers a staggering £146bn annually due to inefficiencies – costs retailers can ill afford but easily fix, reveals Retail Week’s new whitepaper. Much of this stems from a disconnect between what store teams need and what they are given