All articles by Grace Bowden – Page 27
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NewsDunelm posts ‘significant’ interim profit and sales growth
Dunelm has recorded a strong uplift in profits at the half-year mark as the retailer says its preliminary results will be “slightly ahead” of analyst expectations.
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NewsBurberry warns coronavirus has had a ‘material’ impact on sales
Burberry has scrapped previous guidance for its full-year results as it warns that coronavirus has had a ‘material negative effect’ on sales in China.
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NewsGovernment failing retail on apprenticeships, BRC warns
The British Retail Consortium (BRC) has warned that the apprenticeship levy is “not working” for retailers as the fall in new starters on retail schemes outstrips the national average.
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NewsWaterstones books profits uplift as sales rise
Waterstones has recorded a rise in its full-year profits as sales rose, but the retailer said the lack of a ‘significant’ bestseller hampered potentially higher growth.
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NewsNew John Lewis chair braces staff for store closures and job losses
John Lewis Partnership’s new chair Dame Sharon White has warned staff the retailer may need to reduce its store estate and cut jobs in a bid to improve profitability.
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NewsThe Uptick: From New Jersey to Dorset, retail dreams big
Welcome back to The Uptick! As the dust settles on the flurry of Christmas trading updates and we settle into the new year, we take a look back at the stories that defied the January blues.
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AnalysisAnalysis: Compete or collaborate? Why Tesco, M&S and Harrods are joining forces with rivals
With the threat of Amazon looming over most in the sector, some retailers are doing away with long-standing rivalries in order to take on the online Goliath. But how should retailers decide when to compete and when to collaborate?
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NewsM&S names non-exec as strategy and transformation director
Marks & Spencer has appointed current non-executive director Katie Bickerstaffe as its new strategy and transformation director.
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NewsBoots UK chair and long-standing exec Elizabeth Fagan steps down
Boots’ first UK chair Elizabeth Fagan has stepped down from the retailer after less than two years in the role.
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NewsWilko appoints new CEO and bolsters board in reshuffle
Wilko has promoted group transformation director Jerome Saint-Marc to chief executive officer, Retail Week can reveal.
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AnalysisAnalysis: What impact will coronavirus have on global fashion retail?
What began in early January as a pneumonia outbreak in the central Chinese city of Wuhan has since been declared a worldwide health emergency. Retail Week looks at what effect the outbreak will have on retail supply chains in the region and tourism.
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NewsGlossier extends run for ‘most successful’ London pop-up
Glossier has unveiled plans to keep open its London pop-up, which was due to close next month, until the end of 2020 following “an overwhelmingly positive response” from shoppers.
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GalleryStore gallery: JD.com launches Seven Fun lifestyle concept store
Chinese etail giant JD.com has unveiled a new concept store in Beijing designed to act as a ‘third space’ for working professionals between their office and home.
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NewsScS Christmas sales rise as CEO unveils plans to retire
ScS has posted an uplift in like-for-like sales over the festive trading period as boss David Knight says he will retire next year after 32 years with the business.
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NewsTed Baker poaches Feelunique marketing boss to bolster board
Ted Baker has snapped up Feelunique’s chief marketing officer Jennifer Roebuck for the newly created role of chief customer officer.
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NewsRate of shop price deflation eases as food costs edge up
The rate of deflation on shop prices eased slightly in January as falling costs in non-food were offset by increased grocery prices.
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NewsJohn Lewis axes weekly sales figures as revenue slips
The John Lewis Partnership has reported a decline in sales in its final weekly sales figure as the department store retailer axes the weekly updates.
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NewsTed Baker £58m stock overstatement more than double previous estimates
Ted Baker has said that its stock overstatement has been valued at £58m, which is “materially higher” than initial estimates.
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NewsPets at Home Christmas sales climb bolstered by pet-grooming services
Pets at Home has reported a strong rise in festive sales, driven by a record day of trading in the run-up to Christmas and a surge in demand for dog-grooming services.
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NewsWHSmith Christmas sales rise despite high street decline
WHSmith has reported a rise in total sales over the festive period, however like for likes slipped as the retailer’s strong travel performance was dampened by a fall in high street revenue.