All News articles – Page 4
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NewsThe Range makes £5m deal to acquire Wilko brand and website
Value retailer The Range has made a deal to buy the Wilko brand from administrators PwC for around £5m, saving 36 jobs in the process.
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NewsJohn Lewis upgrades profit outlook but delays end of transformation plan
John Lewis has upgraded its full-year financial guidance after narrowing losses and increased sales in the first half, but has delayed implementation of its transformation plan by two years.
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NewsTHG losses deepened by one-off disposal costs
THG operating losses deepened due to a one-off, non-cash charge related to the sale of its loss-making business, but the retailer says the disposal has improved its overall financial guidance.
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NewsDigital wallet use to surpass card payments within 10 years
Digital wallet transactions are set to overtake card transactions and other payments in the UK within 10 years, according to new research by FreedomPay and Retail Economics.
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NewsFormer John Lewis COO Andrew Murphy hired as The Entertainer CEO
Former John Lewis Partnership (JLP) chief operating officer Andrew Murphy has joined The Entertainer as its chief executive.
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NewsBirkenstock to launch IPO in the US
German footwear retailer Birkenstock has reportedly filed for an initial public offering (IPO) on the New York Stock Exchange following months of speculation.
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NewsOxford Street overhaul given the green light
Plans to overhaul Oxford Street with pocket parks, wider pavements and better crossings have been made official.
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NewsAmazon launches trial with Iceland
Amazon and Iceland have signed a deal for the ecommerce giant to sell the supermarket’s food on its website.
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NewsInditex sales and profits continue to climb
Inditex has reported an increase in profit and sales that the group said is a result of a “very robust operating performance”.
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NewsPepco Group to snap up 71 former Wilko stores
Pepco Group has reached an agreement with administrator PwC to acquire up to 71 former Wilko sites.
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NewsGrocery price inflation slips to lowest level in over a year
Grocery price inflation fell to the lowest levels seen in the last 12 months, while take-home grocery sales grew month on month.
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NewsMajestic Wine launches ‘biggest-ever festive recruitment drive’
Majestic Wine has launched its “biggest-ever festive recruitment drive” and will be hiring 200 new colleagues ahead of Christmas.
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NewsWickes sales increase as growth strategy pays off
Wickes reported an increase in sales driven by the “strength of our balanced business model and outstanding customer service delivered by our colleagues”.
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NewsPrimark expects growth in sales despite unseasonable weather
Value fashion giant Primark said it expects growth in sales and profit despite the “unusually variable and unseasonable weather” in the fourth quarter ahead of its full-year results.
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NewsSøstrene Grene opens online UK shop
Søstrene Grene is to make its range of home decor and accessories available to shop online in the UK for the first time.
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NewsBoots extends Price Advantage scheme in new value campaign
Boots has launched new price-lowering campaign ‘best for less’ on more than 2,000 products as part of its support for customers during the cost-of-living crisis.
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NewsJohn Lewis boss White calls for royal commission to save UK high streets
John Lewis Partnership chair Dame Sharon White has called for a royal commission review into the UK’s high streets, arguing that crime, mass store closures and antisocial behaviour were affecting town centres.
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NewsAll Wilko branches to close by next month with the likely loss of 12,500 jobs
All 400 branches of Wilko will close by early October with the anticipated loss of all 12,500 jobs across the business, according to the GMB union.
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NewsWilko rescue deal collapses, putting thousands of jobs at risk
A rescue deal for Wilko being worked on by HMV owner Doug Putman has collapsed, leaving the future of thousands of jobs in limbo.
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NewsRetailers to fund new police operation to crack down on crime
Retailers including John Lewis, Sainsbury’s and Tesco have agreed to fund a new police operation, Project Pegasus, to crack down on shoplifting in stores.