All News articles – Page 4
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NewsBrexit: M&S warns of tariff impact as NI supermarkets struggle with supply
Marks Spencer today warned that its EU businesses would be “significantly impacted” by new red tape and tariffs under the Brexit deal, while supermarkets in Northern Ireland are struggling with shortages.
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Covid-19: How retailers are stepping up to aid the vaccination effort
As the prime minister hinges the relaxation of the latest lockdown on the most vulnerable in society receiving a vaccine, what efforts are retailers making to hasten the process?
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Pets at Home ups profit guidance as Christmas sales soar
Pets at Home has raised its full-year profit guidance after hailing further “momentum” during the golden quarter.
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Asos to launch £90m warehouse, creating 2,000 jobs
Asos has unveiled plans to open a new £90m warehouse to support “ever-increasing customer demand” and help it accelerate its delivery capabilities.
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Marks & Spencer golden quarter sales slide as Covid restrictions bite
Marks Spencer has suffered a slump in sales during the golden quarter as trading restrictions sparked by the coronavirus crisis hindered its performance.
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December footfall plunges as retailers plead for more government support
Retailers have renewed calls for the government to provide the sector with greater financial support after footfall plunged during December.
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Debenhams closes Irish online business as retailers face new Brexit tariffs
Department store chain Debenhams has been forced to close its digital Irish business to avoid tariffs now required under the Brexit deal.
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Boots first-quarter profits slide despite online sales surge
Boots has reported a further decline in its quarterly profits and sales, despite its online sales more than doubling year on year.
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Tapi Carpets set to register first-ever profit
Tapi Carpets has recorded strong sales growth in its second half, leading to the retailer’s first-ever profit for 2020.
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Joules Christmas sales bolstered by online
Fashion and lifestyle brand Joules was propped up this Christmas by its online business.
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B&M awards staff bonuses after strong golden quarter
B M Bargains has registered a strong uplift in revenues during the festive period as more consumers sought value for Christmas.
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Sainsbury’s Christmas sales rise as online orders double
Sainsbury’s has recorded an increase in like-for-like Christmas sales with more customers than ever placing online orders for the festive season.
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Boots owner sells wholesale healthcare business for £4.8bn
Walgreens Boots Alliance has agreed a $6.5bn (£4.8bn) deal to sell its Alliance Healthcare wholesale business in order to focus on its retail operations.
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Topps Tiles flags margin pressure as new lockdown begins
Topps Tiles achieved strong sales growth in its first quarter but expects sales to be hit by the latest coronavirus lockdown.
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Greggs cautions that profits will not recover until 2022 ‘at earliest’
Food-on-the-go specialist Greggs has warned that profits will not return to pre-pandemic levels until 2022 “at the earliest”.
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December shop prices drop as retailers chase Christmas spend
Shop prices in December fell as retailers attempted to rake in last-minute Christmas spend.
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Next gloomier on store sales as pandemic changes shopper behaviour
Next has changed its outlook on the prospects for bricks-and-mortar stores as more shoppers switch their spend online amid the coronavirus pandemic.
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Chancellor offers non-essential retailers grants for closed stores
Chancellor Rishi Sunak has announced new support measures, including grants of up to £9,000 per closed store to non-essential retailers, following the announcement of a third national lockdown.
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Paperchase poised to appoint administrators
Stationery chain Paperchase is on the brink of administration after the impact of the coronavirus pandemic hammered sales.
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Morrisons Christmas sales rise boosted by traditional festive fare
Morrisons delivered a strong uplift in like-for-like sales over Christmas as shoppers responded to a challenging festive period by buying classic food and drink products.
