All News articles – Page 7
Most recent first.
-
NewsOnline sales tax will ‘damage shops and high streets’, Marks & Spencer warns
Marks & Spencer has written to chancellor Rishi Sunak setting out its opposition to an online sales tax.
-
News
Exclusive: French Connection partners with Hirestreet to launch rental service
French Connection has launched an on-demand rental service on its own site, powered by Hirestreet’s sister platform Zoa.
-
News
Inflation balloons to highest rate for 40 years as recession fears mount
Inflation has hit its highest rate in 40 years as soaring energy bills pile further pressure on consumers.
-
News
Morrisons rescue deal for McColl’s cost £182m
Morrisons shelled out the equivalent of £182m to rescue the collapsed convenience chain McColl’s, administrators’ documents have revealed.
-
News
Burberry posts profit uplift but cautions on China recovery
Burberry has posted a rise in full-year profit but cautioned that its outlook for future trading is dependent on the rate of the recovery in its key Chinese market.
-
News
Walmart margins hit as inflationary pressures bite across the pond
Walmart has recorded an uptick in revenues but said its bottom line has been hit by inflation in food and fuel.
-
News
M&S chair Norman warns on food prices and Ireland Brexit red tape
Marks & Spencer chair Archie Norman has signalled the likelihood of higher food prices later this year and lambasted “pointless” rules affecting business in Ireland following Brexit.
-
News
Landsec reports ‘return to growth’ at major retail destinations
Property group Landsec has posted an improved performance from its ’major retail destinations’ portfolio.
-
News
McDonald’s to quit Russia, ending 30-year presence
Fast-food giant McDonald’s is to sell its Russian business following the country’s invasion of neighbouring Ukraine.
-
News
Bank chief warns of ‘apocalyptic’ food price rise prospects
Bank of England governor Andrew Bailey has flagged the potential for “apocalyptic” food price rises fuelled by factors such as Russia’s invasion of Ukraine.
-
News
Greggs sales rise with travel back on the menu
Greggs has said that transport locations have recovered most as it continues to see sales rise.
-
News
Walgreens takes £4bn dividend from UK arm as Boots sale deadline looms
Boots’ US owner Walgreens has extracted $5.3bn (£4.3bn) in dividends from its UK arm.
-
News
Made.com strengthens top team as it issues profit warning
Made.com has called out a “more challenging than anticipated” trading environment in the first half of the year.
-
News
Kingfisher and AllSaints executives join BRC board
Executives from DIY giant Kingfisher and fashion brand AllSaints have been appointed to the board of the British Retail Consortium (BRC).
-
News
John Lewis chair White calls for cost-of-living aid from government
The chair of John Lewis Partnership, Dame Sharon White, has called on the government to launch a financial package of support to help families navigate the cost-of-living crisis.
-
News
Zara starts charging customers for online returns
Zara has started charging shoppers who return items purchased online.
-
News
Tesco to rent out office space in stores as working habits shift
Tesco has struck a deal with office rental company IWG to create workspaces in shops as hybrid working persists.
-
News
JD Sports cautious on outlook despite sales rise
JD Sports sounded a cautious note on prospects as it posted a sales rise at the start of its new financial year.
-
News
Superdry in-store sales rebound as online falls back
Superdry has reported a surge in store sales following the lifting of Covid restrictions, which also led to a fall in online revenues.
-
News
M&S appoints international retail director and gears up for growth in India
Marks & Spencer has promoted James Munson as international retail director as it plans to build operations in India, which is seen as a key growth market.
