All articles by Grace Bowden – Page 28
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NewsSainsbury’s CEO Mike Coupe to retire as successor lined up
Sainsbury’s chief executive Mike Coupe will retire from his role later this year and will be succeeded by the grocer’s retail and operations director Simon Roberts.
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NewsJohn Lewis sales fall exacerbated by poor homewares demand
John Lewis has reported a decline in its weekly sales as demand for Clearance items tailed off and home sales dropped.
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AnalysisLush's Mark Constantine: The retail rebel fighting climate change before Greta was born
As a journalist, you get a fleeting glimpse into the life of a retail CEO when trying to carve out a time to sit down and interview them.
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AnalysisNew year, new you? The retailers in need of reinvention
Many people have started the new year with a mission to reinvent themselves. Lose weight, get more organised, find a new job. Which retailers could benefit from adopting a similar approach and what could their reinventions look like?
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NewsAmazon boss Bezos pledges to invest $1bn in India
Amazon founder and chief executive Jeff Bezos has unveiled plans to invest $1bn (£770m) in the Indian ecommerce sector.
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NewsBooths Christmas sales rise boosted by own brand
Booths has posted a rise in Christmas sales as the grocery retailer’s like for likes increased, driven by sales of English wine and own-brand party food.
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NewsVery posts Christmas sales rise bolstered by credit offering
Very.co.uk enjoyed a Christmas sales boost, but sister brand Littlewoods hampered parent company The Very Group’s overall festive trading.
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NewsQuiz Christmas sales slump in ‘disappointing’ festive performance
Quiz has posted a fall in sales over the festive period across stores and online against what boss Tarak Ramzan has described as a “challenging” trading backdrop.
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NewsMike Ashley’s Frasers Group urges PM to reform business rates
Mike Ashley’s Frasers Group, formerly known as Sports Direct, has written to Prime Minister Boris Johnson to push for an “urgent fundamental review” into business rates.
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NewsThe Fragrance Shop smells success with Christmas sales boost
The Fragrance Shop has reported an uplift in Christmas sales bolstered by online growth, but full-year profits slipped in “tough” market, Retail Week can reveal.
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NewsDebenhams to offload £200m executive pension scheme
Debenhams is reportedly in talks with Aviva about a buyout of its executive pension scheme.
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NewsAsda cost-cutting drive puts 2,800 jobs at risk
Asda has kicked off a consultation period with 2,832 staff across back-office roles in a bid to streamline costs.
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NewsBeales on brink of collapse after disappointing Christmas
The heritage department store has reportedly filed notice of intention to appoint administrators as it scrambles to secure a buyer.
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NewsHobbycraft Christmas sales buoyed by eco-conscious shoppers
Hobbycraft has posted a “strong” uplift in festive sales driven by online growth and demand for recyclable products.
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NewsLush eyes former Debenhams and House of Fraser stores
Lush is considering swooping on vacant Debenhams and House of Fraser stores following the success of its large store in Liverpool.
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NewsSelfridges delivers ‘strong’ Christmas sales boosted by vegan food range
Selfridges has posted an uptick in Christmas sales as demand for vegan food products and beauty services buoyed trading.
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NewsSuperdry warns on profits as Christmas sales slide
Superdry has issued a profit warning following a slump in sales during the Christmas period, but boss Julian Dunkerton insists the plan to return the fashion retailer to “sustainable long-term growth is on track.”
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NewsB&M books Christmas sales uplift despite ‘difficult’ retail backdrop
B&M has recorded an uplift in sales over the festive period, although boss Simon Arora says the value retailer posted “a slower performance than anticipated.”
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NewsJD Sports reports Christmas sales rise bolstered by international
JD Sports has said that it has posted like-for-like sales growth across its retail portfolio despite “widely reported challenges” in the UK market.
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AnalysisFrom shunning toys to value-led shopping – the trends that defined Christmas
It has been a festive trading period dubbed by the BRC as “the worst on record”. With this week bringing the departure of a retail boss from one business and a profit warning at another, it does have the markings of a bleak Christmas.