All articles by Hugh Radojev – Page 47
-
NewsCo-op sales inch up but inflation dampens profitability
The Co-op has reported a small increase in its full-year revenue, but warned that ongoing inflation and volatility will dampen profitability in the immediate term.
-
NewsMarks & Spencer hits out at ‘inaccurate’ reports of head office job cuts
Marks & Spencer has dismissed a report that it will cut hundreds of jobs at its London head office as “simply inaccurate”.
-
NewsOcado triumphs in High Court patents dispute
Ocado has seen off claims from an international rival that alleged it had stolen several of its technological inventions.
-
InterviewHow Retail Leader of the Year Carl Cowling piloted WHSmith to new heights
As WHSmith chief executive Carl Cowling wins the Salesforce Retail Leader of the Year Award, we meet the man who led the high street and travel specialist to not just survive but thrive following the pandemic
-
AnalysisRetail Week Awards 2023: The winners
Retail Week’s annual celebration of UK retail at the top of its game.
-
AnalysisRetail Week Live 2023: Lessons from the next generation of retailers and consumers
Reporting by Ritika Bhoora, Ellis Hawthorne, George MacDonald, Megan Robinson, Hugh Radojev
-
NewsMorrisons sales return to growth as it opens 500th c-store
Morrisons has reported a return to sales growth in the first quarter as it marked the opening of its 500th convenience store.
-
NewsAsda profits plummet as inflation costs and investing in prices hit bottom line
Supermarket giant Asda has reported plummeting profits as spiralling costs and investing in keeping prices lower for customers hammered its bottom line.
-
DataConsumer pain increases as grocery inflation hits record high
Grocery price inflation reached a new high in March, with consumers now facing an £837 increase in their annual bills.
-
NewsFood inflation surge drives shop prices to fresh highs
The highest levels of food inflation on record drove overall shop prices to fresh highs during the ongoing cost-of-living crisis in March.
-
NewsBoots owner mulls float or sale by end of 2023 to focus on US market
Walgreens, the US-based parent company of Boots, could either sell or float the UK retail favourite as the global pharmacy giant faces intense pressure to break up.
-
NewsEx-John Lewis boss Street: Staff ownership changes would be ‘a tragedy’
Ex-John Lewis boss Andy Street has urged the retailer not to change its staff ownership model, saying any move to take outside investment would be “a tragedy”.
-
NewsIssa brothers eye £12bn merger of Asda and EG forecourt empire
The billionaire Issa brothers are reportedly racing to complete a merger of the Asda supermarket chain and their UK petrol stations in a bid to slash debt.
-
DataConsumer confidence inches up but ‘cost-of-living crisis remains stark reality’
UK consumer confidence has jumped by two points in the month of March, though the outlook remains gloomy.
-
NewsTesco expands Whoosh rapid delivery to 1,000 stores
Tesco has expanded its Whoosh rapid delivery service to 1,000 stores, exceeding its rollout target by 25%.
-
NewsTesco to slash the value of Clubcard points from the summer
Tesco is cutting the value of its Clubcard rewards scheme for members.
-
NewsBritish Land splashes out £94m on three new retail parks
British Land has acquired three retail parks for £94m and sold its 50% stake in another out-of-town retail destination in Preston.
-
NewsAldi unveils another pay rise for shop workers
Discounter Aldi has given shop workers a fresh pay rise, taking their base pay across the UK to £11.40 an hour.
-
NewsDeliveroo on ‘path to profitability’ as losses narrow
Deliveroo made a nearly £300m loss last year but remains adamant that it is making “excellent progress on the path to profitability”.
-
News‘No comfort’ for retailers in ‘missed opportunity’ Budget
The Budget has been met with a largely tepid reaction from retailers and industry bodies, after the chancellor failed to address several important issues.