All News articles – Page 5
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CDS Superstores relaunches Homebase ecommerce website
The Range owner CDS Superstores has today relaunched the Homebase website, following its earlier acquisition of the brand out of administration in 2024.
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Morrisons axes hundreds of staff as it slashes costs
Morrisons has axed more than 200 staff members from its Retail People Team, becoming the latest supermarket to kick off the new year with layoffs.
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Sainsbury’s to axe thousands of jobs as it closes counters and streamlines head office
Supermarket giant Sainsbury’s is set to slash thousands of jobs across its supermarket estate and head office functions as it targets more growth.
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Revolution Beauty expecting a drop in sales before returning to growth
Revolution Beauty has said it is expecting to see a drop in sales for the full financial year, before returning to growth in the medium term.
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Waitrose is bringing back free coffee for customers who buy nothing
Waitrose is reintroducing free coffee for all of its loyalty scheme members who will no longer have to make a purchase to redeem the perk.
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Primark’s UK sales have been hit as ‘cautious’ shoppers held back in lead up to Christmas
Fashion giant Primark has reported slumping sales in the UK and Ireland as “cautious shoppers” held back on seasonal spending in the lead up to Christmas.
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THG posts sales dip but remains on track for full year after Ingenuity split
Ecommerce giant THG, which owns the likes of Look Fantastic, MyProtein, and Cult Beauty, has reported a dip in sales for the fourth quarter but said it expects full year adjusted EBITDA to be “in line” with expectations in its first update since demerging its technology platform Ingenuity.
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Rituals is ramping up its global expansion as sales hit €2bn for first time
Cosmetics retailer Rituals is plotting further expansion as sales at the business have surpassed €2.1bn (£1.77bn) for the first time.
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Smart home tech retailer Dreame is opening its first UK flagship
The global smart home technology retailer is opening its first UK flagship store in Birmingham following its entry into the UK market in September 2024.
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River Island is calling in advisers as it mulls cost-saving measures
Fashion retailer River Island is understood to have drafted in consultants as it eyes “cost reduction and profit improvement” ahead of the upcoming tax increases in April.
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Aldi and Lidl back calls for pause on inheritance tax reforms
Discounters Aldi and Lidl have both thrown their support behind farmers protesting at the government’s proposed reforms on inheritance tax.
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Fanatics to open first ever Collectibles flagship store in London
Sportswear giant Fanatics is set to open its first-ever global flagship store for its Collectibles brand on London’s iconic Regent Street later in the year.
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Adidas has reported a strong fourth quarter and full year
Sportswear giant Adidas has reported booming sales and profits during its fourth quarter and for the 2024 full year thanks to ongoing “strong momentum” across the product portfolio.
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The CMA has named former Amazon boss its interim chair
The CMA has named a former Amazon boss as its new interim chair to support growth for the UK.
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UK mobile users spend more time on retail apps than email
The number of UK retail app downloads declined in 2024, according to Sensor Tower’s State of Mobile 2025 report.
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Waterstones profits have soared as customers return to the office
Waterstones has hailed workers returning to the office, increasing footfall in London and the rebound of international tourism for contributing to its profits quadrupling in its most recent financial year.
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Primark has launched a clothing range for people with disabilities
Fashion giant Primark has launched a range of men’s and womenswear adapted from the brand’s bestselling products to meet a variety of needs.
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Asda poaches executive from Morrisons for newly created role
Asda has announced the appointment of David Lepley as its new chief supply chain officer, a newly created role it outlined last week.
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Aldi awards highest hourly pay rate for supermarket staff
Aldi has outpaced its grocery rivals by announcing a pay increase for its store staff, raising hourly rates to at least £12.71 nationally and £14 within the M25.
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Boohoo shareholders have shot down Frasers Group’s bid to ‘destabilise’ the brand
Fast-fashion giant Boohoo’s shareholders have “overwhelmingly” voted against Frasers Group’s bid to oust founder and group executive vice-chair Mahmud Kamani at today’s general meeting.