All News articles – Page 6
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NewsProperty giant Landsec sees retail destination sales ‘outperform market’
Property investment firm Landsec has reported a strong golden quarter as sales and footfall rose and outperformed the BRC benchmarks.
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NewsFreemans’ owner canvasses buyer interest
International retail giant Otto Group is soliciting buyer interest in its Freemans online business, Retail Week can reveal.
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NewsTala CEO departs after US expansion set back
Athleisurewear brand Tala has confirmed the departure of chief executive Morgan Fowles, weeks after it reported widening losses.
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NewsSports Direct membership folded into Frasers Plus
Frasers Group has pulled its Sports Direct Membership after just 12 months as it integrates the programme into its Frasers Plus offer.
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NewsLiberty names new retail director
Luxury department store Liberty has announced the appointment of a new managing director of retail.
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NewsDeliveroo sees surging demand for last-minute Christmas supplies
Online takeaway and retail platform Deliveroo saw demand for last-minute Christmas supplies, gifts and winter essentials throughout December, Retail Week can reveal.
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NewsSaks Global wins court approval for $400m rescue financing
Iconic American department store chain Saks has obtained approval from a US bankruptcy judge to draw on $400m (£299m) in new financing despite objections from its estranged business partner Amazon.
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NewsAmerican streetwear brand First Down to relaunch in the UK
Heritage streetwear brand First Down USA has officially relaunched in the UK and Ireland market with Pace Partnership London spearheading the brand’s return.
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NewsNearly half of returns over peak season included a fee
Around half of returns made between Black Friday and January 6 included a fee to send back the item, according to new data shared with Retail Week.
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NewsTopshop launches dedicated European website
Topshop has launched a dedicated European website, which aims to deliver the “full brand experience” to customers based in 23 countries across the continent.
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NewsVery Group reports ‘resilient’ peak trading driven by toys, home and beauty
The Very Group has reported a “strong and resilient” festive trading period as toys, home and beauty saw the strongest sales.
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NewsIkea launches virtual products on Roblox
The home retailer is testing out their new experience in the Welcome to Bloxburg life-simulation game, where Roblox players can make and design homes.
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NewsAmazon set to close Milton Keynes fulfilment centre
The online retailer is due to offer workers the chance to transfer to a different site as it opens a consultation on closing what was its first UK centre
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NewsDunelm has ‘softer than anticipated’ golden quarter
The homewares retailer blames the “ongoing challenging macroeconomic environment” as it said profit before tax will now come in at the lower end of consensus expectations
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NewsIconic department store group Saks files for bankruptcy protection
Saks, one of the most famous retailers in the world, has sought Chapter 11 bankruptcy protection as it seeks to establish “a strong and stable future”.
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NewsN Brown promotes internally for newly created chief operating officer role
Fashion and homewares retailer N Brown has announced the appointment of Natalie Rogers to a newly created role of chief operating officer.
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NewsHolland & Barrett poaches Vision Express MD for executive role
Holland & Barrett has hired Vision Express’ UK and Ireland managing director in an executive role, Retail Week can reveal.
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NewsBooths toasts ‘record-breaking’ Christmas period
Upmarket Northern grocer Booths has toasted “another record-breaking Christmas”, with sales growth driven by an uptick in click-and-collect orders from the retailer’s members.
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NewsMulberry records growth across all markets as strategy starts to deliver
UK luxury fashion brand Mulberry has recorded revenue growth across all markets as its ongoing new strategy is starting to pay off.
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NewsProCook sees record peak season trading and gains in market share
Specialist kitchenware brand ProCook has recorded its best ever peak trading season as well as significant gains in market share.