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NewsWilko poaches Post Office exec for retail director role
Home and garden retailer Wilko has revealed the appointment of Amanda Jones as retail director.
NewsB&M boss Simon Arora to retire next year
Simon Arora will step down as chief executive of B&M next year after 17 years of leading the business.
NewsData: Consumer confidence tumbles as cost-of-living crisis intensifies
Consumer confidence fell sharply in April as people grappled with rising costs.
NewsIssa brothers’ EG Group to create 32,000 jobs in next five years
EG Group, the petrol station and food retail business owned by the Issa brothers, plans to create 32,000 jobs globally over the next five years.
NewsThe Hut Group posts record sales as profits rise
The Hut Group (THG) has recorded a rise in both profits and revenues in its full-year results as the online retailer and tech platform clarified ongoing speculation around a potential sale of the group.
AnalysisNow trending: Why Google, Netflix and Buzzfeed are embracing the physical store
In recent years, shoppers have been greeted by some surprising additions to high streets and airports. Instead of traditional retail brands commanding new space, leading social media and editorial brands such as Buzzfeed, TikTok and Highsnobiety are flirting with the idea of a permanent physical presence. What has prompted the interest in moving into physical retail for such brands? Retail Week takes a look at the motivation behind the moves.
NewsFarfetch launches beauty marketplace following Violet Grey acquisition
Luxury ecommerce platform Farfetch has launched a beauty marketplace on its website following its acquisition of Violet Grey earlier this year.
NewsFunky Pigeon suspends orders following cyberattack
Online cards and gifts retailer Funky Pigeon has taken its systems offline and temporarily suspended all orders following a cybersecurity breach last week.
NewsData: Inflation hits 30-year high of 7% as fuel and food prices soar
The annual rate of inflation recorded a rise to 7% in the 12 months to March as the cost of living continues to soar.
NewsBoots owner set to lose billions on sale of health and beauty giant
US retailer Walgreens faces losing billions after the private equity firms earmarked to take over Boots valued the retailer much lower than Walgreens’ official price tag.
NewsAsos profits plunge following period of ‘significant volatility and disruption’
Asos has reported a drop in pre-tax profits in its interim results as it continues to grapple with supply chain challenges.
NewseBay launches £1m investment programme for small businesses
eBay has unveiled an investment programme and regional roadshow, designed to help small online businesses navigate rising inflation and the impact of the pandemic.
AnalysisAnalysis: What the Farfetch and Neiman Marcus partnership reveals about the future of luxury
Farfetch is to invest up to $200m (£153m) in Neiman Marcus as part of a wide-ranging partnership. What are the implications of this tie-up for the luxury sector as a whole?
NewsGeorge at Asda launches collaboration with Netflix
George at Asda will partner with Netflix to offer a range of fashion and lifestyle products based on the streaming service’s original series.
NewsSainsbury’s becomes first major grocer to pay both real and London living wage
Sainsbury’s will increase pay for Sainsbury’s and Argos store employees in outer London, becoming the first major supermarket to pay the real living wage and London living wage to all its store workers.
NewsMorrisons’ new owner offers to sell petrol stations to ease fuel price fears
The private equity owner of Morrisons has offered to sell several of its petrol stations following concerns from the competition watchdog that the takeover could lead to higher fuel prices.
GalleryStore gallery: New Selfridges pop-up experiments with ‘future of retail’
Selfridges has unveiled what the sustainable store of the future could look like in its Supermarket pop-up.
NewsTesco awards staff biggest pay rise in a decade
Tesco has revealed plans for significant investment in its workers, which will involve increasing hourly pay rates for store and warehouse staff by 5.8%.
DataData: Footfall bounces back in March as shoppers return to stores
Footfall made a noticeable recovery in March compared with February, almost returning to the levels recorded last year before the Omicron variant emerged.
NewsGymshark international restructuring plan puts 121 jobs at risk
Gymshark has outlined proposals for restructuring at the sportswear brand that could lead to the loss of 121 jobs.