All articles by Grace Bowden – Page 46
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NewsBonmarché profits fall as store sales slide
Bonmarché has recorded a decline in its interim profits as boss Helen Connolly says “weaker consumer sentiment and footfall” hurt store sales.
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NewsGoogle and NearSt tie up to push local high street sales
Google and retail tech start-up NearSt have collaborated to allow shoppers to get information about specific product availability at shops nearby.
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NewsHut Group chair Richard Pennycook to step down
The Hut Group’s chief executive and founder Matthew Moulding will take over from Richard Pennycook as executive chair next year.
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NewsB&Q to sell stores for £125m to fund turnaround plan
B&Q plans to sell six of its UK stores in a bid to raise funds for boss Véronique Laury’s five-year transformation strategy.
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GalleryStore gallery: Inside Google’s London pop-up
Google has unveiled its Piccadilly-based pop-up shop, entitled Curiosity Rooms, which will host a variety of workshops and events during its five-week tenure.
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NewsEvans Cycles stores to be shuttered despite profitability
Evans Cycles’ new owner Mike Ashley has decided to close half of its shops despite administrators advising that “almost all” of its stores make money.
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NewsEve Sleep seeks £15m investment to fund new CEO’s strategy
Eve Sleep’s newly appointed chief executive James Sturrock has unveiled his new strategy, which will home in on expanding the etailer’s product range and brand positioning.
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NewsCard Factory like-for-likes flat as online drives sales
Card Factory has stemmed the decline in its like-for-like sales in its third quarter as it ploughs ahead with its store expansion programme.
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NewsHolland & Barrett sales up, John Walden appointed chairman
Holland & Barrett edged up profits and posted its 38th consecutive quarter of like-for-like sales growth as former Argos boss John Walden is appointed chairman.
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AnalysisHow Birchbox uses content to punch above its weight
Birchbox has upgraded its website in a bid to become the beauty shopper’s best friend, and a resulting uplift in sales is not be sniffed at.
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AnalysisAnalysis: Has B&M bitten off more than it can chew?
On the surface, B&M’s interim results would be the envy of many a high street operator, with pre-tax profit up 32.5% to £115m and group sales up 16% to £1.5bn.
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NewsFlipkart boss steps down amid misconduct allegation
The chief executive of Flipkart Group Binny Bansal has resigned following an independent investigation into an allegation of “serious personal misconduct.”
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AnalysisAnalysis: Should UK retailers launch their own Singles' Day?
Alibaba’s Singles’ Day takes place this weekend and is likely to be its biggest yet – so, given its stellar success, should UK retailers be launching their own versions?
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NewsBoots unveils the mother of Christmas adverts
Boots has launched its Christmas advert, which focuses on a mother-daughter relationship and includes a reworking of a Robbie Williams classic.
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NewsEx-US Topshop manager alleges Philip Green harassment
The former manager of Topshop’s Las Vegas flagship, Auna Irvine, has become the first person to publicly allege that Philip Green harassed her.
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NewsPrimark sales and profits rise driven by the UK
Primark has posted increases in its preliminary profits and sales, bolstered by strong UK sales which defy the wider fashion downturn.
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NewsNew Look first-half profits up, driven by cost savings
New Look has recorded an increase in its interim profits despite a fall in sales as the retailer delivered £70m in cost-cutting initiatives.
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NewsRetail sales growth sluggish in 'non-starter' October
Retail sales edged up in October but remained “low by historical standards” as Black Friday anticipation and Brexit jitters dampened demand.
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NewsAmazon unveils ‘biggest ever’ Black Friday offers
Amazon has ramped up its Black Friday deals this year, which will span a 10-day period and be sold online and through a dedicated pop-up.
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NewsLidl ploughs £8m into raising wages for 17,000 staff
Lidl has increased salaries for its hourly paid employees in line with Living Wage rates, marking a 30% increase in pay for London-based staff over four years.