All articles by George MacDonald – Page 33
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NewsLidl pledges spend of £4bn with British suppliers this year
Value grocer Lidl is accelerating its spend with British suppliers this year as it positions itself as a champion of national produce.
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NewsSuperdry suffers deeper losses as wholesale takes a hit
Superdry has reported a fall in first-half profits and even though Christmas performance strengthened, has cut full-year expectations to breakeven.
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NewsAsda launches consultation with more than 4,000 staff on changes to roles and pay
Asda has begun a consultation with thousands of staff over changes to their jobs, which is likely to lead to the termination of hundreds of roles.
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AnalysisGlad rags, stores surge and flight to value – how fashion retailers fared this Christmas
As the Christmas reporting season comes to a close, a return to in-store shopping in the post-pandemic world, freezing temperatures and the impact of the cost-of-living crisis delivered a range of results for fashion retailers over the period.
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NewsPrimark boss: Time to change the narrative about online sales growth
The finance chief of Primark parent company ABF believes it is time to rethink accepted wisdom about online retail’s growth trajectory.
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NewsTHG appoints new finance boss as Gallemore switches roles
Online retailer THG has named a new chief financial officer as the previous postholder John Gallemore changes responsibilities.
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NewsPrimark sales rocket over ‘very strong’ Christmas
Value fashion giant Primark traded better than expected over Christmas, including a “step up” in the UK.
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NewsDecember retail sales rise but volumes fall as cost of living hits consumers
Retail sales rose by value in December 2022 but volume was down, official data has shown.
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NewsArgos Ireland closure and Lloydspharmacy withdrawal from Sainsbury’s put 2,600 jobs at risk
Around 2,600 retail jobs could be lost after Argos revealed it will end its operations in Ireland and Lloydspharmacy decided to close its branches in Sainsbury’s stores.
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Opinion‘Don’t write off the pureplays, despite a Christmas shocker’
As store shutters slammed down during lockdowns, some wrote off the likelihood of a bricks-and-mortar recovery. Now the same gloom has descended over pureplays. It was proven wrong then and it will be proved wrong now.
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GalleryStore gallery: Whole Foods Market’s new store in iconic New York building
Whole Foods Market has opened a store in one of New York’s most famous buildings, showcasing local products and catering to the district’s well-heeled clientele.
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NewsExclusive: Kingfisher tech chief to leave as ‘next phase of digital journey’ begins
Kingfisher chief digital and technology officer JJ Van Oosten is leaving the DIY giant, Retail Week can reveal.
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NewsQuiz sales rise as shoppers snap up occasionwear
Fashion retailer Quiz has reported a strong sales increase over Christmas when consumers bought party gear as they celebrated a festive period free of pandemic restrictions.
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NewsTHG reports record sales and acts to improve profitability
THG, the online group that owns a raft of health and beauty brands, has posted record annual sales of £2.25bn but warned on earnings.
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NewsOcado optimistic about yearly sales growth after flat quarter
Online grocer Ocado expects sales to improve later this year after a flat performance in its fourth quarter.
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NewsReiss expects record profit after strong Christmas
Fashion retailer Reiss has reported strong Christmas trading as sales surged in stores and online.
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AnalysisAnalysis: How retail confounded the doom and gloom to achieve a very merry Christmas
As soon as retailers’ Christmas updates started coming in, it was clear that something unexpected had happened – the festive season had been better than anticipated for many
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NewsVery sales rise at Christmas as toy and beauty categories do well
Pureplay retailer The Very Group has reported a lift in sales in the run up to Christmas, with strong demand for toys and beauty products in particular.
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NewsAsos sales slip over Christmas in ‘challenging’ conditions
Online fashion giant Asos has posted a fall in sales over the festive period but said it is making progress on its turnaround.
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NewsMarks & Spencer posts ‘strong Christmas growth’ as food and fashion sales climb
Marks & Spencer has reported that its food business “outperformed” over Christmas and it saw “outstanding” results in clothing and home.