All articles by Hugh Radojev – Page 12
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NewsFood inflation climbs as retailers struggle with increased costs
Food prices jumped for the fourth month in a row, as retailers are now faced with absorbing an additional £5bn in costs from last year’s controversial Budget.
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InterviewThe Works boss Gavin Peck on new strategies, cyber security and rising crime
On the day that The Works upped its profit guidance off the back of strong trading results, chief executive Gavin Peck spoke to Retail Week about turning the business around, cyber security, and dealing with rising incidents of crime.
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NewsHarvey Nichols to slash jobs as it axes its grocery offering
As part of a strategic reset, luxury department store Harvey Nichols is axing its grocery and hampers offer, putting 70 roles at risk.
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NewsTesco UK CEO steps down to ‘pursue other opportunities’
Tesco has today announced that UK chief executive Matthew Barnes has stepped down from his role to “pursue other opportunities”.
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NewsFlurry of UK trade deals improves consumer confidence
The UK’s recent flurry of trade deals and agreements with India, the US and the EU has upped customer confidence.
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NewsJD Sports profits slide due to slower than anticipated market
JD Sports has reported a drop in profits due to heavy promotions and slower than anticipated market growth.
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NewsMarks & Spencer in ‘best financial health for 30 years’ but cyber attack cost bites deep
While M&S reported its highest profits in over 15 years, it has also revealed the true cost of the cyber attack which continues to wreak havoc on the retailer.
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NewsCurrys upgrades profit guidance as board reinstates dividend
Electricals giant Currys has upgraded its full year profit expectations and its board has said its performance is good enough to warrant resuming the payment of cash dividends.
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AnalysisWhy things might be looking up again for Greggs and Topps Tiles
While not usually two businesses analysed together, updates from both food-to-go giant Greggs and the homewares retailer Topps Tiles point to possibly more optimistic times ahead for retail.
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NewsMorrisons expands More Card loyalty scheme
Supermarket giant Morrisons has unveiled an expansion of its More Card loyalty scheme, rolling out “more partner points” for customers.
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NewsGovernment says new EU deal will make food cheaper and add £9bn to the economy
The government today has hailed a new reset with the European Union, which it said will “slash red tape” on food products and will be a boost to the economy.
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NewsCo-op members vote to cease all trading with Israel
Members of the c-store specialist called on the retailer’s board to “demonstrate fairness and consistency with its ethical decision-making” at the AGM over the weekend.
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NewsWaitrose rules out American chicken and beef despite US trade deal
Waitrose has reaffirmed its commitment to British farming and refused to compromise its animal welfare principles, despite the recent announcement of a trade deal with the US.
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NewsThe Range hails ‘exceptional start’ to 2025 as it completes first phase of Homebase conversions
The Range said it has celebrated an “exceptional” start to the year and has completed the first phase of its former Homebase store conversions.
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NewsOn-demand delivery player GoPuff launches Amazon tie-up
GoPuff has announced a rapid delivery tie-up with Amazon, offering Prime customers delivery of thousands of grocery products in as fast as 15 minutes.
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NewsThe Entertainer launches ‘biggest-ever price drop’
The Entertainer has announced its “biggest-ever price drop”, slashing prices across hundreds of its best-selling toys and games ranges.
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NewsDior becomes latest retailer to be hit by cyber attack
Luxury fashion house Dior has become the latest retail brand to fall foul of a cyber attack, confirming an unauthorised third party had gained access to its Chinese customer database.
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NewsFurniture retailer MFI to return nearly two decades after its collapse
Once household furniture brand MFI is set to make a surprise comeback to the UK high street, nearly two decades after it collapsed into administration.
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NewsCo-op promises improved availability as it enters ‘recovery phase’ after cyber attack
Co-op has promised customers they will see better availability by the weekend, as it enters what it called the “recovery phase” following the “malicious third-party cyber attack” which has laid its systems low for weeks.
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NewsFrasers Group launches new retail media network
Frasers Group has launched a new retail media network called ‘Elevate’, which it said will be powered by its first-party data.