All News articles – Page 7
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News
Former Farfetch executives accused of ‘serious mismanagement’ in High Court case
A number of former Farfetch executives are reportedly caught up in a High Court dispute.
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Co-op, M&S, B&M among top retailers for female representation on boards
Women occupied 43% of roles on major company boards in 2024, according to a government-backed report.
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Gymshark bolsters top team with new chief commercial officer
Gymshark has announced the appointment of a new chief commercial officer as it ramps up its US expansion strategy.
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Victorian Plumbing sees rise in revenue after growth initiatives
The increase, for the first 21 weeks of FY25, comes after the opening of a semi-automated distribution centre in December 2024.
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River Island has appointed a new trading managing director
Suzy Slavid, who was previously a merchandise manager at the brand, rejoins following the news that former CEO Ben Lewis has retaken the reigns at the fashion brand.
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Bill making assaulting a shopworker an offence enters parliament
The Crime and Policing Bill, which will also introduce harsher penalties for shoplifting of items under £200, will be put before parliament on Tuesday.
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Retail media for c-stores gains three times more attention than larger retailers
A new study has revealed that retail media in convenience stores gains triple the amount of attention when compared to larger retail stores.
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Shein’s profits have plummeted ahead of London listing
Fast-fashion giant Shein’s profits plummeted by more than a third last year, according to reports, ahead of its highly-anticipated London listing.
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Just Eat is being acquired by a Dutch-based technology investment firm
Takeaway and delivery platform Just Eat has agreed to a €4.1bn (£3.4bn) takeover by a Dutch-based technology investor, Prosus.
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DFS has named a former Holland & Barret CEO as its non-exec director
DFS has appointed former Holland & Barrett boss Tony Buffin as an independent non-executive director.
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B&M CEO to step down as the discounter cuts its profit guidance again
B&M has announced its chief executive is retiring as the discounter cuts its profit guidance for a second time this year.
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Asda has avoided fines despite missing the deadline for its £800m IT upgrade
Walmart has offered its former business Asda a lifeline after the UK supermarket chain missed a crucial deadline for an £800m technology overhaul.
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Aldi ups pay for second time in a month on back of Lidl’s increase
Value grocer Aldi has announced a further pay rise for staff, just a month after originally revealing a higher rate.
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The Original Factory Shop has been bought by Hobbycraft’s owner
The Original Factory Shop has been purchased by Modella Capital, the owner of retailer Hobbycraft.
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The Perfume Shop is expanding its partnership with Deliveroo
The Perfume Shop and Deliveroo are expanding their retail partnership to further locations following the recent success of the first rollout.
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Two of the Inditex fashion brands are making their debut in Glasgow
Two of fashion giant Inditex’s fashion brands are opening their debut stores in Glasgow this year.
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Retail sales crept up in January following four months of falling
Retail sales volumes crept up in January 2025, a change in direction following four consecutive months of falling.
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Apple is launching a cheaper iPhone 16e with AI features
pple has unveiled a more affordable version of its iPhone 16, bringing AI capabilities to a lower price point.
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Consumer confidence has risen despite cost-of-living crisis being ‘far from over’
Consumer confidence has risen two points in February, as the public is more optimistic about their personal finances in the year ahead despite the ongoing cost-of-living crisis being “far from over”.
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Walmart sales and income climb as media business grows
Top retailer Walmart has posted a rise in sales and earnings, bolsted by its fast-growing advertising business.