All articles by Hugh Radojev – Page 57
-
NewsIndustry leaders call for police to crack down on surging levels of retail crime
More than 100 industry leaders have signed a letter calling on the police to prioritise retail crime as levels of abuse, violence and antisocial behaviour surge across the country
-
NewsAsda partners with Deliveroo for on-demand grocery delivery
Asda has launched a partnership with Deliveroo for on-demand grocery deliveries with the goal to offer delivery from 300 stores by the end of the year.
-
NewsBank of England warns UK will fall into recession this year as interest rates soar
The Bank of England (BoE) has said the UK economy will crash into a recession by the end of the year as it raised interest rates to their highest point in 27 years.
-
NewsFootfall weakens across UK but regional cost-of-living divide emerges
While retail footfall has fallen across all parts of the UK, the cost-of-living crisis is deepening existing financial disparities between North and South.
-
NewsNext upgrades profit forecast as pandemic shopping behaviours unwind
Next has again upgraded its full-year profit forecast after reporting a reversal of customer trends in the first half of the year.
-
NewsScS bumps up profit expectations as like-for-like orders grow
Furniture giant ScS has announced that full-year profits will be ahead of expectation as like-for-like orders grew during the period.
-
NewsRetail calls on Truss and Sunak to address business rates failings
The British Retail Consortium has written to both Conservative leadership contenders to outline the sector’s concerns ahead of the ballot result on September 5.
-
AnalysisData: As ecommerce sales retreat, has the Covid online boom finished?
With the news in recent weeks that Amazon has swung to a loss and Shopify has sacked one in 10 employees, new data shows that the ecommerce boom seen during the pandemic may finally be coming to an end.
-
DataDecathlon launches rental service to help customers with rising prices
Decathlon has launched a new rental service for customers to help them deal with burgeoning inflation on products such as kayaks and stand-up paddle boards
-
NewsWaitrose removes best-before dates on 500 products to tackle food waste
Waitrose will remove the best-before dates on 500 fruit, salad and vegetable products in a bid to help customers reduce food waste.
-
Opinion‘Beset by issues, does the Co-op face a blip or a full-blown crisis?’
C-store specialist the Co-op has spoken recently of the need to make its business more efficient and cost-effective in the short term in light of spiralling costs.
-
DataWalmart issues profit warning as costs soar and inflation bites
US retail giant Walmart has warned on profits for the second time this year, as soaring inflation curbed customer spending
-
DataData: Two-thirds of customers limiting food spend as inflation surges
New data has found that two-thirds of customers are limiting their monthly food budgets as inflation sails to levels not seen in 40 years
-
NewsVery Group poaches marketing chief from Metro Bank
The Very Group has poached its new chief marketing officer from Metro Bank to help maintain the online retailer as a “destination of choice” for consumers
-
NewsWickes downgrades profit expectations as cost-of-living crisis bites
Wickes has blamed a softer outlook in some of its key markets and the uncertain macroeconomic outlook after it downgraded its profit expectations for the year
-
NewsAmazon blames inflation after increasing cost of Prime subscription
US giant Amazon is increasing the cost of its Prime subscription across its five key European markets as it seeks to offset increases in operating costs
-
NewsMorrisons expands international wholesale reach with British Corner Shop tie-up
Grocery giant Morrisons has expanded its global wholesale reach after agreeing a partnership with international grocer British Corner Shop
-
NewsThe Co-op to axe 400 head-office jobs
The Co-op has blamed the current “tough trading environment” as it unveiled plans to axe 400 roles at its Manchester head office
-
NewsNon-food and online sales fall as cost-of-living crisis intensifies
Non-food and online retail sales have fallen in the month of June as the cost-of-living crisis continues for customers
-
NewsJD Sports confident of delivering record profit and sales
JD Sports has said it expects to deliver a second straight year of record profits and revenues despite the ongoing cost-of-living crisis ahead of its AGM later today