All articles by Grace Bowden – Page 61
-
NewsSteinhoff-owned Bensons and Harvey's credit insurance cut
Bensons for Beds and Harvey’s credit cover has been cut in the wake of parent company Steinhoff’s accounting scandal, Retail Week can reveal.
-
NewsKoovs shaves off pre-tax losses despite flat sales
Koovs has posted narrowing losses and delivered flat sales at the interim mark during what chief executive Mary Turner described as a “challenging year”.
-
NewsBoxing Day online sales set to surpass £1bn mark
Online sales are set to deliver healthy rises over Christmas and Boxing Day, although the latter continues to be outstripped by Black Friday.
-
NewsGame exec and Multiplay founder Fletcher exits business
Game’s senior vice president of esports and founder of its recently offloaded Multiplay acquisition Craig Fletcher will step down from his role this month.
-
NewsHarvey Nichols dips into the red in 'challenging' year
Harvey Nichols has posted a pre-tax loss and flat sales as refurbishments at its Knightsbridge flagship bit into its bottom line.
-
AnalysisAnalysis: Five tech trends set to transform retail in 2018
From blockchain to drones, Retail Week takes a look at the technology that is set to revolutionise how consumers shop and retailers operate in 2018.
-
NewsPoundland seeks to reassure staff as Steinhoff reels
Poundland has sent a statement to its employees insisting that despite its credit cover being downgraded it expects “no impact on the business in terms of supply”.
-
NewsPoundland credit cover reduced amid Steinhoff crisis
Poundland’s trade cover has reportedly been reduced by credit insurer Atradius in the wake of parent company Steinhoff’s accounting scandal.
-
NewsSuperdrug owner launches tech partnership programme
Superdrug’s parent company AS Watson has launched a long-term partnership programme for a range of technology suppliers to supercharge its digital transformation.
-
NewsSteinhoff 2016 results to be restated, deemed unreliable
Steinhoff has said that its 2016 financial results need to be restated as the original release can “no longer be relied upon”.
-
NewsOcado sales rise driven by upgraded distribution centre
Ocado has delivered a healthy uplift in sales in its fourth quarter bolstered by improved capabilities of its tech-driven Andover fulfilment centre.
-
NewsSports Direct profits plunge exacerbated by UK sales dip
Sports Direct has posted a drop in interim profits despite what boss Mike Ashley describes as a “spectacular trading performance” across its flagship stores.
-
NewsFootfall edges up as Black Friday woos shoppers
Retail footfall crept up in November driven by Black Friday offers and strong shopper turn out in the Southeast and North of England.
-
VideoThe Retail Week: Can Poundland owner Steinhoff survive?
The Retail Week team discuss Steinhoff’s accounting scandal and ask, can the owner of Poundland survive?
-
AnalysisWhat Steinhoff's troubles mean for its UK businesses
Over the last two days, South African retail giant Steinhoff’s share price has tanked 75% and chief executive Markus Jooste has resigned.
-
AnalysisPoundstretcher profits rise despite falling sales
Poundstretcher has posted a healthy boost in its full-year profits as the value retailer rejigs its store estate to focus on retail park openings.
-
NewsPoundworld chief executive Gerry Gray steps down
Poundworld’s chief executive Gerry Gray has exited the business for “personal reasons” after less than two years at the helm, Retail Week can reveal.
-
NewsSteinhoff boss Jooste resigns amid accounting scandal
Poundland owner Steinhoff’s chief executive Markus Jooste has stepped down with immediate effect as the group launches a probe into “accounting irregularities”.
-
InterviewInterview: Poundland and Pep&Co’s Euro guru Cardinaal
“I’ve always had an ambition to come and work in the UK,” says Sean Cardinaal, Poundland parent company Pepkor’s chief operating officer and the man tasked with driving its aggressive expansion plans.
-
NewsPoundland beds into homewares with mattress trial
Poundland has unveiled a range of vacuum-packed mattresses which it will sell across 20 of its UK stores on a trial basis, Retail Week can reveal.