All News articles
Most recent first.
-
News
Ted Baker’s high street presence at risk as administrator plans to close all stores
Ted Baker could disappear from the high street once and for all as administrators gear up to close all its stores in the coming weeks.
-
News
JD Sports staff may face job losses as it puts distribution centre under review
Staff at JD Sports’ major distribution centre in Derby are facing potential job losses as the retailer puts the warehouse under review.
-
News
Supermarkets have been cleared in an investigation into loyalty card pricing
The competition watchdog has cleared the grocers having failed to find any widespread evidence of misleading loyalty promotions in the industry.
-
News
John Lewis has won support for Bromley home rental plans
John Lewis Partnership has won approval for a build-to-rent housing scheme, which had previously stoked controversy.
-
News
Parcel delivery giant Evri has been snapped up by a private equity firm
Parcel delivery giant Evri is set to be sold to private equity firm Apollo.
-
News
Deliveroo has partnered with The Perfume Shop for rapid delivery
Deliveroo has partnered with The Perfume Shop, offering customers a selection of designer perfume brands for delivery in 25 minutes.
-
News
THG is slashing 171 jobs as it orders all staff back to office five days a week
THG is set to cut 171 jobs across various departments as it puts an end to flexible working by calling staff back to the office for five days a week, starting from August 19, 2024.
-
News
Crew Clothing’s sales and profits have surged despite fashion retail battles
Crew Clothing has posted a surge in sales and profits for the 2023 financial year despite the ongoing challenges posed by the cost-of-living crisis.
-
News
Majestic has ramped up its bricks-and-mortar expansion with fresh £1m investment
Majestic Wine is ramping up its commitment to bricks and mortar with a fresh £1m investment in its store estate.
-
News
Hammerson has posted growth in rental income and ‘capability’ in wake of Bicester Village sale
Hammerson, which owns and operates shopping centres including Birmingham’s Bullring and London’s Brent Cross, has posted a rise in rental income and “increased capacity and capability” after selling its £1.5bn stake in Bicester Village.
-
News
Sephora has delivered ‘exceptional’ growth but LVMH sales and profit take a hit
Sephora has delivered double-digit growth despite parent group LVMH seeing a fall in sales and profit in the six months to June 30, 2024.
-
News
Exclusive: John Lewis’ great-grandson and ex-CFO has joined Oak Furnitureland
The great-grandson of John Spedan Lewis who was also the partnership’s former chief finance officer has joined Oak Furnitureland, Retail Week can reveal.
-
News
More shoppers are paying with their phones but use of cash also rises
Consumers’ use of mobile contactless payment significantly increased last year – when the number of people mainly using cash also rose.
-
News
Exclusive: Superdry CTO exits as Dunkerton aims to bolster board with new hires
Superdry boss Julian Dunkerton is rebuilding elements of his top team after its chief technology officer left the business and the search for new board members is underway, Retail Week can reveal.
-
News
Tapi has opted out of Ireland and the Channel Islands in the Carpetright buyout
Tapi will take over 54 of rival Carpetright stores as part of a multimillion-pound buyout, but it has opted out of buying those stores located outside of the British mainland.
-
News
Carpetright: full list of stores rescued from administration by Tapi
Tapi has swooped in to buy rival Carpetright in a multimillion-pound deal but has selected just 54 stores to take over from the retailer.
-
News
Ikea is opening 100 new click-and-collect points at Tesco stores
The Swedish home retailer plans to expand its partnership with Tesco to open 100 new click-and-collect points at the supermarket.
-
News
Asda is bracing for further strike action for a second time
More than 150 Asda workers are getting ready to walk out in a further strike action claiming the supermarket has failed to address dispute points, according to GMB.
-
News
Landlord Hammerson sells Bicester Village to LVMH-backed private equity firm
Landlord Hammerson has sold its entire stake in Value Retail, the owner of Bicester Village luxury retail park in Oxfordshire, in a £1.5bn deal, which it said would generate around £600m in cash proceeds.
-
News
Tapi has bought Carpetright but many jobs and stores are still at risk
Carpetright has been rescued from collapse by rival carpet and flooring retailer Tapi – but hundreds of stores are expected to close, leaving many jobs at risk.