All News articles – Page 8
Most recent first.
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NewsDFS and Dunelm founders recognised in Queen’s Birthday honours list
DFS founder Lord Kirkham and Dunelm founder Bill Adderley have both been recognised in the Queen’s Birthday honours list, alongside six other retailers.
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Ted Baker losses deepen as Covid hampers turnaround
Fashion retailer Ted Baker has reported deepening losses and falling revenues in its full year results, leading to the board deciding against paying out a dividend.
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Majestic launches ‘Shop Local’ to give stores online autonomy
Majestic Wine is gearing up to launch a new online shopping platform designed to give greater autonomy to its stores and local consumers.
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John Lewis opens website to third-party fashion brands in D2C push
Department store group John Lewis is to introduce 100 third-party fashion labels to its website over the next 12 months, creating a direct-to-consumer platform for brands.
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Selfridges bid approach brings price tag in excess of £4bn
Selfridges, one of the world’s most famous department stores, may be sold for £4bn or more.
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Exclusive: Tesco to axe international wholesale business
UK grocery giant Tesco is set to axe its international wholesale business, which exports its own-brand range to partners across the globe.
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Asda profits tumble as Covid costs bite
Asda has suffered a drop in full-year profits as costs incurred during the coronavirus crisis weighed on its bottom line.
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Morrisons shareholders dismiss Covid efforts in massive pay rebellion at AGM
Morrisons investors have opposed the grocer’s pay report in large numbers at today’s AGM, prompting dismay at the grocer.
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John Lewis and Waitrose launch ‘Zoom-free Fridays’ to combat video-call fatigue
Department store group John Lewis and grocery stablemate Waitrose are piloting ‘Zoom-free Fridays’ to ensure staff are not ground down by too many video meetings.
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Card Factory slumps to loss as coronavirus batters sales
Card Factory has swung into the red after store closures during national lockdowns decimated its full-year sales.
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Kingfisher and Burberry unveil ‘ambitious’ new sustainability targets
Kingfisher and Burberry have lifted the lid on ambitious new carbon reduction targets in a bid to beef up their sustainability credentials.
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Amazon faces watchdog probe in UK over its use of data
Competition watchdogs are preparing to launch an investigation into how Amazon uses data collected from its third-party sellers.
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Data: Sharpest online sales fall on record as restrictions ease
Online sales recorded their biggest drop in volume ever last month, though online spending remains significantly higher than pre-pandemic levels.
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Tycoon Ashley’s former lieutenant takes top role at Revolution Beauty
Dave Forsey, Frasers tycoon Mike Ashley’s former right-hand man, has re-emerged as managing director of Revolution Beauty.
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Zara owner Inditex reports sales above pre-pandemic levels
Fashion giant Inditex, owner of retailers including Zara, has reported strong quarterly sales growth and revenues have subsequently been ahead of pre-pandemic levels.
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John Lewis poaches Tina Mitchell from Co-op as new Waitrose retail director
John Lewis has poached Tina Mitchell from the Co-op as its new retail director, to lead on offering customers a “world-class service” in Waitrose stores.
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Government launches new workers’ rights watchdog to eradicate modern slavery
The Department for Business, Energy and Industrial Strategy has created a single workers’ rights watchdog to stamp out modern slavery scandals in British factories.
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Data: Retail sales grow at strongest rate since Covid crisis hit
Retail sales grew in May at their strongest rate since the coronavirus pandemic hit the UK last March as the reopening of hospitality venues boosted footfall and spend.
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Ocado loses High Court case over urban distribution centre in North London
Ocado has lost a High Court challenge over the opening of a distribution and storage centre near a primary school in North London.
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Tesco and Carrefour to sever partnership after three years
Global grocery giants Tesco and Carrefour have decided to end their buying partnership, that was meant to lower prices and offer greater product choice for consumers, after just three years.
