All News articles – Page 6
Most recent first.
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Wickes hails ‘continued momentum’ despite dip in sales
Wickes has hailed a “promising start” to its financial year despite reporting a dip in sales.
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JD Sports boss Cowgill steps down with immediate effect following governance review
JD Sports executive chair Peter Cowgill is to leave his post with immediate effect.
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Walmart unveils drone delivery scheme for 4 million US households
Walmart’s new drone delivery service, which will be rolled out to six US states, will be available to shoppers by the end of the year.
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Pets at Home profits surge as sales climb bolstered by record new customer numbers
Pets at Home reported a jump in full-year profits and sales as outgoing boss Peter Pritchard as the retailer is ’well placed to accelerate our growth in market share’.
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M&S ‘fundamentally changed’ as full-year profits climb and sales rise
Marks & Spencer has recorded a strong uplift in full-year profits bolstered by sales increases across both clothing and food, as outgoing chief executive Steve Rowe says the business has “the opportunity for substantial further growth”.
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EG Group profits and sales jump on the strength of foodservice offering
Petrol forecourt giant EG Group has reported a leap in profits and sales in the first quarter off the back of strong performance from its growing food business.
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Grocery sales slump as surging inflation leaves consumers ‘struggling’
Take-home food sales slumped in a month where inflation hit levels not seen since 2009, leaving millions of customers ‘struggling’ to make ends meet.
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Superdrug drafts in Jack Monroe over cost-of-living crisis
Superdrug has frozen the prices of 30 more of its own-brand products and launched a partnership with food blogger and activist Jack Monroe.
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World ‘on the brink of food crisis’ warns IMF boss
The ongoing war in Ukraine and the unprecedented supply disruption has brought the world economy to the brink of a food crisis, warned the International Monetary Fund boss on the first day of the Economic Forum in Davos.
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Harrods appoints new chief financial officer
Harrods has named Tim Parker as group chief financial officer as it seeks to build operations following tough trading during the pandemic.
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Ted Baker moves forward with sale as Fat Face recruits bankers
Both Ted Baker and Fat Face have made advances in their searches for a buyer.
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Kingfisher sales beat pre-pandemic levels but lockdown DIY boom slows
DIY giant Kingfisher’s sales declined against strong comparables in the last two years.
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Moonpig expands range with Buyagift acquisition
Moonpig has made moves to grow its gifting offer with the proposed acquisition of Buyagift.
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The Very Group owners revive plans for £4bn listing
The Very Group owners the Barclay family have brought back plans to float the online retailer to the tune of £4bn.
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Iceland cuts food prices for over-60s shoppers in bid to ease soaring living costs
Iceland and Food Warehouse have unveiled plans to reduce the cost of their products by 10% on a weekly basis for shoppers aged 60 and over in its latest bid to ease the cost of living crisis for customers.
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Retail sales decline as stretched shoppers rein in non-food spending
In April, retail sales registered a substantial decline in the volume of products bought year-on-year.
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Tesco axes multi-buy junk food deals despite HFSS delay
Tesco has said it will press ahead with plans to remove BOGOF deals on unhealthy items despite the government announcing that the regulations would be delayed for a year.
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John Lewis Partnership drafts in new people boss from Post Office
John Lewis Partnership has appointed Lisa Cherry as executive director for people.
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Love Island partners with eBay to bring sustainable fashion to TV screens
eBay will act as reality TV show Love Island’s fashion partner, with contestants all wearing second-hand outfits.
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Currys turns to Asos to hire new chair
Currys has appointed Ian Dyson, at present the chair of Asos, as its new chair.