All News articles – Page 30
-
NewsRough Trade sees sales and footfall uplift thanks to Oasis and ‘music tourism’
Record shop Rough Trade has seen a rise in sales and footfall as the business has been benefitting from music tourism and the Oasis tour, Retail Week can reveal.
-
NewsDobbies optimistic on turnaround prospects as restructuring costs hit earnings
Garden centre group Dobbies has posted steeper storical losses but bosses are pleased by the early results of a revival plan.
-
NewsSupermarkets at risk of closing as a result of business rates rise
More than 100 supermarkets run by big grocers could shut because of government plans to increase business rates, piling futher costs on the industry.
-
NewsFrasers call for suspension of Boohoo founder and investigation into loan claims
Tycoon Mike Ashley’s Frasers Group has demanded the suspension of Boohoo founder and executive vice-chair Mahmud Kamani and a probe into allegations about loans to suppliers.
-
NewsMarks & Spencer still grappling with internal IT issues months after cyber-attack
M&S is still struggling to deal with the fallout from its recent cyber-attack, with IT systems in critical business functions still not fully up and running to pre-attack levels, Retail Week understands.
-
NewsFrasers Group acquires technology retailer Ebuyer out of administration
Frasers Group, whose business include Game, Sports Direct and Studio Retail, has acquired technology retailer Ebuyer out of administration.
-
NewsClaire’s collapses into administration putting over 2,000 jobs at risk
Embattled retail chain Claire’s has collapsed into administration in the UK, putting thousands of jobs at risk, Retail Week can reveal.
-
NewsFat Face to close all US stores
Fashion retailer Fat Face has confirmed that it will close all of its US stores and instead focus on an online-only model in the country.
-
NewsShoe Zone blames Budget as it halves profit guidance
High street retailer Shoe Zone has halved its profit guidance as it has been experiencing tough trading since the Budget.
-
NewsOnline marketplaces to pay ‘fair share’ to dispose of electrical waste
Online marketplaces operating in the UK will help cover the costs to clean up waste electricals, such as washing machines, vapes and vacuum cleaners, from homes and streets after it was announced today.
-
NewsPinterest opens new European hub for leveraging AI
Social commerce platform Pinterest has opened a new European engineering excellence hub to continue leveraging AI and machine learning.
-
NewsHobbycraft announces it will shut more stores
Hobbycraft has announced that it will be closing more stores this month and in September.
-
NewsMarks & Spencer raids Asda for top people hire
Marks & Spencer has appointed a new chief people officer who joins from Asda, Retail Week can reveal.
-
NewsRetail and hospitality hit hardest as UK jobs market cools
The number of staff has fallen in 10 of the last 12 months, with most job losses concentrated in retail and hospitality roles.
-
NewsPoundland confirms number of store closures exceeds 50
Poundland has confirmed the location of a further 12 stores set to close in the coming weeks, bringing the total of guaranteed store closures to 52.
-
NewsWaterstones secures £125m in new funding to support growth plans
Waterstones has secured £125m in new funding facilities, which it said is designed to support the company’s ongoing financing needs and future growth.
-
NewsRetail sales increase as warm weather and higher prices provide boost
UK retail sales in July increased year on year, as warm weather and higher prices across food provided a sales boost, according to the BRC-KPMG Sales Monitor.
-
NewsThe Entertainer moves to employee ownership trust
The Entertainer founders, the Grant family, are handing over control of the company to its 1,900 workers.
-
NewsMarks & Spencer baby club membership beats expectations
Marks & Spencer’s baby club for members of its Sparks loyalty scheme has exceeded expectations.
-
NewsClaire’s warns store managers to expect bailiffs as US bankruptcy impacts UK trading
Embattled retailer Claire’s has warned managers of its UK stores to expect bailiffs turning up to recover unpaid debts, Retail Week understands.