All News articles – Page 8
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NewsOwner of Very Group to launch £2bn auction of the company – reports
Private equity firm Carlyle, which took control of Very just months ago, is looking to sell the online retailer, according to Sky News.
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NewsDecember footfall falters as shoppers hold out for sales
Stores endured a “disappointing December” as footfall declined across all shopping locations, including major cities, the latest BRC-Sensormatic data has revealed.
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NewsMajestic Wine sees pre-tax profits slump by almost 50%
Majestic Wine, the UK’s largest specialist wine retailer, has reported a fall in pre-tax profits of almost 50%, according to newly posted accounts to Companies House.
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NewsGap turns to M&S for new strategy director
Gap has named former Marks & Spencer head of portfolio of international business Elizabeth Burgess as its new senior director of strategy.
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NewsUniqlo owner raises profit outlook after strong first quarter
Uniqlo owner Fast Retailing has raised its profit forecast for the year after posting a surge in sales and profit in its first quarter.
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NewsFormer Frasers Group Sports MD joins New Balance
Former Frasers Group managing director of sport Ger Wright has joined New Balance as its vice president of sales for Europe, Middle East and Africa.
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NewsAsda takes aim at competitors and slashes the price of 2,300 products
Asda has cut the price of thousands of products in a pledge to be cheaper than Tesco, Sainsbury’s and Morrisons.
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NewsTesco sees highest market share in a decade as Christmas sales rise
Supermarket Tesco has recorded its highest market share in over a decade thanks to investments across the shopping journey, while Christmas sales also grew.
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NewsMarks & Spencer sees record number of customers at Christmas
Marks & Spencer has seen a record number of customers shop with the retailer at Christmas as group sales soared.
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NewsGreggs outperforms market as it seeks ‘new opportunities’ in 2026
Greggs has outperformed the market against a backdrop of subdued consumer confidence in the food-to-go market as full year sales rise.
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NewsPrimark reins back expectations after sales in Europe plunge
Value clothing giant Primark has reported tough trading overseas, prompting it to cut sales growth expectations and hit profitability.
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NewsBoxing Day footfall reaches highest level in a decade
The strongest footfall performance in a decade was recorded on Boxing Day, climbing 4.4% year on year across all retail destinations, new data shows.
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NewsWaterstones close to appointing IPO adviser
Waterstones owner Elliott Management is close to hiring bankers to work on a multi-billion-pound listing of the bookseller.
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NewsOxford Street regeneration plans pick up pace as Khan convenes improvement team
Plans to revitalise London’s Oxford Street to make it a world-leading urban space for shopping, leisure and outdoor events have moved ahead as City mayor Sir Sadiq Khan convened the team leading the new Oxford Street Development Corporation Board.
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NewsWaitrose eyes expansion with new distribution site and jobs drive
Waitrose has unveiled plans for a new distribution hub and will begin the process of recruiting for hundreds of new jobs later this year.
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NewsJD Sports promotes from within as it names new European boss
JD Sports has promoted Paul Orange to the role of managing director of JD UK, Europe, Middle East and Africa, Retail Week can reveal.
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NewsGola owner acquired by US dealmaker Marubeni
The owner of British sportswear and fashion brand Gola has been acquired by the US arm of Japanese conglomerate Marubeni.
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NewsSainsbury’s launches AI-focused graduate programme
Sainsbury’s is launching a new graduate programme, which includes a focus on developing skills in artificial intelligence.
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NewsTopps Tiles ‘outperforms’ market as sales rise
The eponymous business achieved a 2% increase in like-for-likes in the first quarter to December 27, helped by a 3.7% advance in its trade business and category extensions. The group, which notched up record revenues in its last financial year, posted revenue growth of 3.7% year ...
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NewsCo-op debuts ready meals for weight-loss jab users
Co-op is to launch an own-label ready meal range targeted at people who use weight loss jabs and have smaller appetites.