All articles by Hugh Radojev – Page 21
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NewsUK inflation climbs to highest levels seen since the start of the year
Inflation across the UK hit its highest level seen since March, as surging petrol and clothing prices drove up costs in November.
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NewsKingfisher has sold its Brico Dépôt Romania business
Kingfisher has agreed to sell its Brico Dépôt Romania business, after what it described as a “competitive process” to find a bidder.
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NewsShoe Zone will close stores and slash jobs after profit warning
Struggling footwear retailer Shoe Zone has issued a profit warning and said it plans to close “a number of stores” due to increased costs related to the Budget.
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NewsLandsec snaps up majority stake in shopping centre for £490m
Landsec has snapped up a majority stake in shopping centre Liverpool One in a deal worth £490m.
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NewsRetail sheds 225,000 jobs in five years with Budget heaping on further pain
The sector shed over 225,000 jobs over the last half a decade, with the Budget set to heap further pain on retailers, warns the British Retail Consortium (BRC).
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NewsLush and Gymshark top list of retailers accused of hiring young Christmas staff without rights
Unions have accused a host of retailers of utilising social media apps like TikTok to draft in young staff on gig contracts without basic employment rights in the run up to Christmas.
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NewsUK businesses slashing staff at fastest rate in years after Budget
UK businesses are slashing staff numbers at the fastest rate since the global financial crisis, according to a new survey which blames the government’s October Budget.
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NewsSainsbury’s has opened its first airport store
Grocery giant Sainsbury’s has said it will target more openings in travel hubs across the UK after opening its first airport store.
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AnalysisAsda chief executive rumour mill: Who does retail think is in the running for the top job?
Asda chair Allan Leighton already knows what’s top of his to-do list for 2025 – hire a new chief executive. Retail Week has pulled together a very unofficial list of the most-speculated names being banded around by the sector during industry cocktail parties and inside WhatsApp group chats.
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NewsFortnum & Mason has opened a pop-up in Heathrow
Upmarket food retailer Fortnum & Mason has brought a ‘taste of Piccadilly’ to London Heathrow Terminal 4 by opening a new pop-up store.
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AnalysisWarsaw pact: How Poundland’s poor performance is starting to weaken its Pepco alliance
While its parent company Pepco is flying, Poundland has problems. Why is the high street value staple performing so badly at a time when it should be going from strength to strength?
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NewsFood insecurity rising in UK due to climate change and Brexit
Food insecurity is on the rise in UK households due to climate change and inflation, according to government figures, with poorer, younger and disabled people being hardest hit.
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NewsInditex has reported a strong start to Christmas trading as sales and profits soar
Zara owner Inditex has reported a strong start to festive trading, as sales and profits soared over the year.
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AnalysisAmerican dreams: Why UK retailers are once again expanding across the Atlantic
In the past, the US has been a bit of a graveyard for British retailers; a land of almost limitless opportunities that few ever truly realise. However, with a number of brands heading stateside this year, is the American dream back on for UK retail?
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NewsGrocery sales forecast to exceed £13bn over Christmas for first time ever
Grocery sales are expected to exceed £13bn over the four weeks of December for the first time ever, according to the latest Kantar grocery market share data.
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NewsConsumers predicted to leave it late but spend big this Christmas
While the build-up to the golden quarter has been glacial, new predictive data from PwC shows that consumers are set to spend big this Christmas.
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NewsNearly half of retail employees considered quitting their jobs this summer
More than two in five UK retail employees were at risk of quitting their jobs this summer, a double-digit increase on the year before.
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Innovation of the WeekLøci opens first immersive retail concept on Oxford Street
Innovation of the Week is a series highlighting retail initiatives that have caught the eye of our team. Every week, we will bring you new ideas and case studies across consumer, technology, sustainability, economy, policy, and industry.
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NewsNon-food sales have given retailers much-needed Black Friday boost
New data from the British Retail Consortium shows that non-food and in-store sales were given a much-needed boost over the Black Friday weekend.
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NewsPolice investigating Boohoo stalking allegations
Police have been called in to investigate allegations of stalking and “corporate espionage” made by several Boohoo Group executives.