All News articles
Most recent first.
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NewsSir Brian Leveson: ‘Boohoo brands need a shared clear vision’
Sir Brian Leveson’s first report to the Boohoo board has praised the group’s actions so far to reform its supply chain but said there is still “a long way to go”.
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Updated: Jaeger axes over 200 jobs as M&S completes acquisition
Marks Spencer has completed its deal to acquire the brand and stock from Jaeger, resulting in the fashion retailer axing its roles and shutting down its store estate.
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UK economy shrinks in November, ending six consecutive months of growth
The UK economy shrank in November as coronavirus restrictions on consumers and businesses reduced economic activity.
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N Brown suffers festive sales slide and warns of stock delays
N Brown has suffered a drop in revenues during its Christmas quarter despite hailing “continued improvement” in sales.
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Sell online? Not likely, insists Primark finance chief
As sales were decimated and shoppers flocked online during lockdown, many might think Primark would reconsider whether to trade online – far from it.
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Halfords and Dunelm report strong Christmas sales uplifts
Halfords has delivered a rise in festive sales buoyed by the retailer’s “best ever Christmas week”, while Dunelm has posted an increase in Christmas sales driven by a surge in online demand.
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Card Factory losses mount as coronavirus batters store sales
Card Factory suffered further losses over the festive period, with stores forced to close under new coronavirus restrictions.
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Tesco Christmas sales climb boosted by online
Tesco has recorded a strong uplift in sales over the festive period as boss Ken Murphy says the grocer “delivered a record Christmas across all of our formats and channels”.
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Store closures hammer Primark sales as Boohoo exceeds expectations
Primark has recorded a sharp downturn in sales over Christmas with its stores forced to close, while digital pureplay Boohoo’s sales soared.
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Oxfam study shines light on M&S supply chain worker concerns
In-work poverty, discrimination and health worries have been revealed in Marks Spencer’s supply chain at home and abroad.
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Debenhams axes Oxford Street flagship and 320 jobs with latest closures
Debenhams is permanently closing its Oxford Street flagship and five other stores, with the loss of 320 jobs.
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UK grocers warn food shortages in Northern Ireland will worsen
The chief executives of the UK’s largest grocers have warned the government of “significant disruption to food supplies” to Northern Ireland after March 31 unless there is a closer agreement with the EU.
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Online sales growth hits 13-year high on back of strong December
Online sales growth reached its highest level in more than a decade last year as the Covid-19 pandemic spurred a shift in shopping habits.
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Lidl reports record Christmas sales growth as basket sizes rise
Value grocer Lidl has reported record Christmas trading and said its seasonal performance was the best in food retail.
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Asos Christmas sales beat expectations after ‘exceptional’ UK growth
Online fashion giant Asos expects profits to come in at the top end of expectations after a strong Christmas sales performance, particularly in the UK market.
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Morrisons becomes first UK supermarket to pay £10 an hour minimum
Morrisons has said it will pay all of its staff at least £10 an hour becoming the first grocer in the UK to make that commitment.
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The Hut Group boss aims to double beauty brands in acquisition drive
The Hut Group chief executive Matt Moulding has said we would like to double the number of beauty brands the business owns in the next two years.
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Administrators agree sale of Edinburgh Woollen Mill and Ponden Home
Administrators have struck a deal to save two of Philip Day’s remaining brands Edinburgh Woollen Mill and Ponden Home.
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John Lewis switches off click and collect at ‘critical point’ of Covid crisis
John Lewis will stop offering click and collect from its stores in a bid to reduce non-essential travel by customers.
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Booths enjoys strong Christmas trading driven by turkey and alcohol sales
Family-owned supermarket Booths reported strong sales over the Christmas period driven by sales of turkey crowns and alcohol.
