All News articles – Page 10
Most recent first.
-
NewsPrimark operating profits soar after store estate fully reopens
Primark has posted a surge in sales and operating profits driven by the reopening of its store estate following Covid-enforced closures.
-
News
McColl’s seeks refinancing after latest profit warning
McColl’s has issued a profit warning after a “softer” Easter trading period.
-
News
Morrisons, Asda and Amazon price strategies polarise as retailers tackle inflationary pressures
Morrisons and Asda have reduced prices while Amazon has warned of price rises as the retail sector grapples with soaring inflation.
-
News
Wilko poaches Post Office exec for retail director role
Home and garden retailer Wilko has revealed the appointment of Amanda Jones as retail director.
-
News
Exclusive: Grocers face further pressure following collapse of major Greencore supplier
Grocers face the prospect of further pressure on food availability and price following the collapse into administration of a Dutch-Spanish fruit and vegetable grower.
-
News
Exclusive: Carpetright chair Wilf Walsh to step down
Wilf Walsh is to step down from the helm of Carpetright parent Nestware, Retail Week can reveal.
-
News
B&M boss Simon Arora to retire next year
Simon Arora will step down as chief executive of B&M next year after 17 years of leading the business.
-
News
Nestlé warns of further price hikes as inflation soars
FMCG conglomerate Nestlé has said that more price rises will hit this year as it tackles inflationary pressures.
-
News
Data: Consumer confidence tumbles as cost-of-living crisis intensifies
Consumer confidence fell sharply in April as people grappled with rising costs.
-
News
Issa brothers’ EG Group to create 32,000 jobs in next five years
EG Group, the petrol station and food retail business owned by the Issa brothers, plans to create 32,000 jobs globally over the next five years.
-
News
The Hut Group posts record sales as profits rise
The Hut Group (THG) has recorded a rise in both profits and revenues in its full-year results as the online retailer and tech platform clarified ongoing speculation around a potential sale of the group.
-
News
ManoMano launches trade marketplace to supercharge UK growth
ManoMano has launched a dedicated online marketplace for UK trade professionals called ManoManoPro, which co-CEO Philippe de Chanville says offers a greater variety of products and prices than its competitors.
-
News
Farfetch launches beauty marketplace following Violet Grey acquisition
Luxury ecommerce platform Farfetch has launched a beauty marketplace on its website following its acquisition of Violet Grey earlier this year.
-
News
Exclusive: Missguided boss steps down as etailer explores ‘strategic options’
Missguided founder and chief executive Nitin Passi will exit the business as it enters its next stage of growth.
-
News
New Landsec leasing strategy seeks to meet ‘rapidly evolving’ needs of retailers
Institutional landlord Landsec has unveiled a new leasing strategy aimed at luring new “digitally native” brands and meeting the “rapidly evolving” needs of traditional retailers.
-
News
Naked Wines posts sales rise as business improvements bear fruit
Specialist retailer Naked Wines has posted an increase in full-year sales and expects results to be in line with expectations after it beat customer retention expectations.
-
News
Gove hits pause button on M&S Marble Arch redevelopment plans
Communities secretary Michael Gove is expected to order a pause on Marks & Spencer’s plans to knock down its Marble Arch flagship so the plan can be scrutinised further.
-
News
Funky Pigeon suspends orders following cyberattack
Online cards and gifts retailer Funky Pigeon has taken its systems offline and temporarily suspended all orders following a cybersecurity breach last week.
-
News
Next teams up with investment firms to acquire JoJo Maman Bébé
Next and hedge fund Davidson Kempner have partnered to acquire mother-and-baby retailer JoJo Maman Bébé for an undisclosed sum.
-
News
Ocado ex-worker ‘forced out’ for raising fire safety issues
Ocado has been ordered to pay a former employee £20,000 in damages after judges ruled his resignation amounted to constructive dismissal.
