All articles by Hugh Radojev – Page 22
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NewsCard Factory eyes up US expansion with Garven Holdings acquisition
Card Factory is set to enter the US market following the £20m acquisition of Garven Holdings.
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NewsWatches of Switzerland is upbeat heading into Christmas despite plummeting profits
Watches of Switzerland boss Brian Duffy has said the brand is performing “encouragingly” heading into Christmas, despite profits plummeting at the retailer.
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NewsFrasers has blamed the Budget after profit warning
Frasers Group has this morning issued a profit warning, blaming the Budget and recent tough trading conditions for the £50m hit to its bottom line.
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NewsWomenswear brand Leem to open first standalone UK store
International womenswear brand Leem is set to open its first ever standalone store in Westfield London later this month.
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AnalysisThat’s a wrap: Have Black Friday and Cyber Monday been boom or bust for UK retail this year?
After a depressingly slow November, retailers could have been forgiven for thinking that Christmas spending might never come. With the promotions coming to an end, did Black Friday and Cyber Monday actually deliver?
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NewsCo-op extends sustainability revolving credit facility
C-store specialist Co-op has extended its £400m sustainability-linked revolving credit facility for another five years.
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AnalysisAfter a slow start to the golden quarter, here’s how Black Friday sales are looking
While Black Friday spend has been slightly subdued in the past couple of years due to low consumer confidence, a cost of living crisis, and the event typically falling before payday, this year is looking like a different story
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NewsWaitrose opens first new c-store in six years
Waitrose has opened its first new convenience store in six years, in a twin bid to expand its store estate footprint and build on its partnerships with Shell and Welcome Break.
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NewsJust Eat to delist from London Stock Exchange
Delivery giant Just Eat has made the decision to quit the London Stock Exchange in order to save costs, in the latest blow for the City.
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NewsDr Martens warns of further profit headwinds as start for new CEO confirmed
Dr Martens has warned that the rest of the financial year will bring further profit and revenue headwinds, as it confirmed the start date for its new chief executive Ije Nwokorie.
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NewsACS writes to chancellor to warn that smaller retailers face ‘pretty bleak picture in 2025’
The chief executive of the Association of Convenience Stores has written a letter to chancellor Rachel Reeves warning that the Budget has left many smaller retailers facing a “pretty bleak picture in 2025”.
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NewsSecret Sales acquires H&M brand Afound to ‘expand its footprint’ in the Nordics
Discount premium marketplace Secret Sales has acquired H&M’s digital fashion outlet Afound, as it continues its European expansion into the Nordics.
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NewsCMA finds that supermarket loyalty schemes do offer genuine value
The Competition and Markets Authority has ruled that supermarket loyalty schemes do offer customers genuine value for money, following an investigation into claims of price manipulation.
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AnalysisWhat are shellshocked retail c-suites doing to mitigate the Budget?
As anger at the recent Budget turns to, if not quite acceptance, at least reflection, Retail Week looks at how leaders and senior teams might mitigate its effects
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NewsFrasers acquires South African sportswear retailer as it snaps up stake in Marks Electricals
Frasers Group has snapped up South African sportswear retailer Holdsport Group for an undisclosed sum on the same day it took a £3m stake in British brand Marks Electricals.
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NewsIncreasing shop prices herald return of inflation, BRC warns
The British Retail Consortium has warned we are beginning to see the return of inflation due to the measures announced in the Budget, as shop prices rose in October.
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NewsHalfords urges government to reform apprenticeship levy as sales and profits stall
Halfords has called on the government to urgently reform the apprenticeship levy, as sales and profits trended down in the first half.
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NewsAO upgrades guidance again as profits and sales soar
Electricals giant AO has again upgraded its full-year guidance as both profits and sales soared in the first half.
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NewsConsumer confidence rises as public has ‘moved past’ Budget impacts
Consumer confidence has risen three points in November, as the public moves on from the “potentially worrying impact” of the Budget and Trump’s election in the US.
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NewsHMV suspends new store openings following Budget tax raid
HMV has become one of the first retailers to publicly suspend new store openings across the UK, saying the Budget has made the environment too risky to invest.