All News articles – Page 3
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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.
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Former Sainsbury’s boss Mike Coupe to chair Oak Furnitureland
Oak Furnitureland has announced the appointment of Mike Coupe as its new chair.
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The Hut Group and Very post record surges in Christmas sales
The Hut Group has reported Christmas sales growth ahead of previous forecasts and upped its full-year expectations, while The Very Group reported its “best ever Christmas trading period”.
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Moonpig eyes float after strong lockdown trading
Moonpig’s mooted £1bn float on the London Stock Exchange is set for liftoff after the pureplay announced its intention to publish a registration document today.
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Kingfisher expects profits at top end of range after strong fourth quarter
Home and DIY giant Kingfisher has said it expects full-year profits to be at the top end of its £667m to £742m estimate, following continued strong trading in its fourth quarter.
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Data: Coronavirus restrictions lead to record low retail spend in 2020
The effects of the coronavirus pandemic and associated restrictions on the retail sector have been laid bare, with customer spending across the year down to record lows.
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Big four grocers ban customers who refuse to wear face masks
All of the big four grocers have now commited to banning customers who refuse to wear face masks in their stores without medical exemptions.
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Dr Martens laces up for stock market debut
Dr Martens owner Permira is planning an IPO for the iconic footwear retailer this year.
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Trump’s tie-maker joins fight for Arcadia
US clothing firm G-III Apparel has reportedly joined the battle to take over Sir Philip Green’s Arcadia empire.
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Studio reports ‘outstanding’ Christmas as customers turn to value
Studio Retail has recorded an “outstanding” golden quarter after customer numbers soared.
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JD Sports raises profit guidance as sales soar
Enforced store closures did little to dampen sales at JD Sports with the retailer raising its profit expectations for the full year.
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Ocado warns of product shortages as suppliers limit options
Ocado has warned of product shortages as supply chains are hit by the impact of the coronavirus pandemic.