All articles by Hugh Radojev – Page 116
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NewsArgos chief executive John Rogers to step down
Sainsbury’s has said that the chief executive of Argos is set to leave the business at the end of October to take a senior role with a public relations company.
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NewsScS profits up as boss hails year of ‘good progress’
ScS has said its financial health “has never been as strong”, following a year which saw both its profits and sales rise.
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NewsGreggs sales soar after trade continues ‘very strongly’
Greggs has hailed another quarter of strong sales growth, saying it “continued to trade very strongly” on the high street.
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NewsAsos makes delivery price U-turn after customer feedback
Asos has made a U-turn on increasing its premier delivery cost after receiving feedback from customers.
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NewsAuxiliary launches ‘immersive’ AR experience with Selfridges
Premium footwear brand Auxiliary has launched an exclusive AR experience in Selfridges on Oxford Street in London.
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NewsIdeal Shopping Direct back in the black after changes at the top
Ideal Shopping Direct has swung from heavy losses to an expected profit in less than a year, spearheaded by a number of new senior appointments.
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NewsRent the Runway freezes new subscriptions due to supply chain issues
Rent the Runway has temporarily stopped taking on new customers as it grapples with a number of inventory and supply chain issues.
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NewsBooths sales on the rise but profits remain out of reach
Booths saw sales inch up over the course of the financial year, but profitability remained out of reach for the upmarket grocer.
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NewsPoundland parent rebrands as it gears up for European expansion
Pepkor, the owner of discount variety chain Poundland, has rebranded as Pepco Group as it seeks to align itself with its largest Central European brand.
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NewsSuning.com completes Carrefour China acquisition
Suning.com has completed its acquisition of Carrefour’s Chinese business, as the retailer looks to accelerate the expansion of its bricks-and-mortar portfolio.
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VideoIs Coupe’s strategy enough to get Sainsbury’s back on track?
As Sainsbury’s boss Mike Coupe unveils his strategic “tweaks”, the Retail Week team ask whether evolution rather than revolution will get the grocer firing on all cylinders again.
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NewsConsumer confidence inches up despite looming Brexit deadline
Consumer confidence increased marginally across all measures in September as shoppers delivered mixed results ahead of the October 31 Brexit deadline.
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NewsTesco closes Jack’s trial store following customer feedback
The grocer is set to close a Jack’s store in Lancashire to reopen a Tesco supermarket instead, after a five-month-long trial.
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NewsEve Sleep sales fall but losses steady
Eve Sleep saw sales across its business fall during the first half of the year, but it did manage to roughly halve its EBITDA losses.
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NewsDFS profits rise despite tough trading conditions
DFS has reported a healthy increase in its underlying profit before tax and hailed the progress made following the launch of its new strategy, despite the headwinds facing the sector.
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NewsMonsoon Accessorize poaches digital director from Dixons Carphone
Monsoon Accessorize has poached a former Dixons Carphone director to head up its ecommerce business, as the retailer looks to reinvigorate its digital channels.
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NewsHammerson mulls breaking HoF leases to repurpose space
Hammerson is in discussions about proactively breaking at least two House of Fraser leases in flagship schemes as it continues to strategically reduce its exposure to department store anchors.
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NewsOcado completes vertical farming joint venture deal
Ocado has completed its deal to invest in the vertical farm partnership that it first mooted in June.
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NewsIkea sales jump after focus on business transformation
Ingka Group, the owner of Ikea, has reported an increase in sales and hailed the success of its business transformation plan, which has seen it invest in new regions, home delivery networks and digital.
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NewsSmiggle ratchets up pressure on landlords
The Australian owner of stationery retailer Smiggle has laid the groundwork to increase the pressure on landlords in upcoming lease negotiations by aligning store fit-out costs with break clauses.