All News articles – Page 6
Most recent first.
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NewsShop prices fall in February as consumers limit spending in lockdown
Shop prices continued to fall in February, reaching the lowest rate of deflation since May 2020.
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Hotel Chocolat’s digital offer in strong position ahead of crucial Easter trading
Hotel Chocolat boss Angus Thirlwell says the retailer’s digital push during the pandemic has left it in a much stronger position heading into the crucial Easter trading period than last year.
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Morrisons snaps up Cornish seafood supplier for undisclosed sum
Morrisons has become the first UK grocer to own a fishing boat after acquiring its longstanding seafood supplier Falfish.
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Virgin Wines makes stock market debut after successful float
Virgin Wines will begin trading on the London Stock Exchange’s junior AIM market at 8am today following a £110m valuation.
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Matchesfashion chief executive Ajay Kavan exits
Matchesfashion boss and former Amazon executive Ajay Kavan has exited the business with immediate effect after a year in the role.
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Fujitsu commits to building pipeline of diverse future retail CEOs
The global tech organisation has become the headline partner of Retail Week Be Inspired’s Senior Leadership Academy on its journey to support talented retail colleagues with aspirations of the boardroom.
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Halfords to repay furlough cash as cycling sales soar
Halfords is set to pay back its furlough payments in full as trading so far this year has been “stronger than initially anticipated across the business”.
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In The Style announces intention to float on AIM
Fashion etailer In The Style is set to float on the AIM market of the London Stock Exchange.
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Morrisons extends deal with McColl’s as conversion plans ramp up
Morrisons has extended a wholesale partnership with convenience store group McColl’s, which will convert more of its stores to the Morrisons Daily format.
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Amazon Go to open first UK store this week
Amazon will open its first in a tranche of contactless grocery stores in the UK this week.
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John Lewis plots ‘hundreds’ of shop-in-shops inside Waitrose stores
John Lewis plans to launch hundreds of shop-in-shops inside Waitrose stores and is also plotting a smaller “local” format as part of a radical overhaul of its portfolio.
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Farfetch records first profit after 12 years
Farfetch has achieved its first-ever positive EBITDA despite a tough year for fashion retailers.
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Sainsbury’s boosts pay and awards Covid recognition payment for frontline staff
Grocery giant Sainsbury’s has issued a pay rise for all its frontline staff alongside a third one-off recognition payment for their work during the ongoing coronavirus crisis.
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Pets at Home ups profit guidance again after strong fourth quarter
Pets at Home has upped its profit guidance for the second time in under two months, hailing continued strong trading in the fourth quarter of its current financial year.
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Boots plans to axe 300 roles at Nottingham HQ
Boots is set to cut 300 jobs across various functions at its Nottingham head office as it grapples with “changing consumer behaviours” in the wake of the coronavirus pandemic.
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Primark positive over plans for April 12 reopening with 'worst behind us'
Primark finance boss John Bason has said the retailer believes it is “more than likely” it will reopen stores on April 12.
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Sainsbury’s unveils new slogan as Greggs launches sustainability plan
Grocery giant Sainsbury’s has unveiled a new brand slogan set to launch in the spring, while fellow food retailer Greggs has revealed a new sustainability plan.
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Former Tesco boss Matt Davies steps down from N Brown
N Brown chair Matt Davies has resigned from his role with the fashion group, effective from the end of March.
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Asda puts 5,000 roles into consultation in online transformation drive
Grocery giant Asda has entered formal consultation with 5,000 of its staff as it unveiled new transformation plans aimed at capitalising further on the shift to online grocery shopping.
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Primark loses £1.1bn in sales due to lockdowns
Primark estimates that non-essential retail closures across its global store estate cost the business £1.1bn in lost sales in the first half of its financial year, but expects the period after lockdown ends to be “highly cash generative”.
