All articles by Hugh Radojev – Page 7
-
NewsRetail and hospitality hit hardest as UK jobs market cools
The number of staff has fallen in 10 of the last 12 months, with most job losses concentrated in retail and hospitality roles.
-
NewsWaterstones secures £125m in new funding to support growth plans
Waterstones has secured £125m in new funding facilities, which it said is designed to support the company’s ongoing financing needs and future growth.
-
NewsClaire’s warns store managers to expect bailiffs as US bankruptcy impacts UK trading
Embattled retailer Claire’s has warned managers of its UK stores to expect bailiffs turning up to recover unpaid debts, Retail Week understands.
-
NewsAsda to launch new ecommerce insight platform Asda Xpert
Supermarket giant Asda has partnered with an ecommerce data analytics platform to create and launch the retailer’s new ecommerce insight and collaboration platform Asda Xpert, Retail Week can reveal.
-
NewsZalando raises guidance following About You acquisition
German ecommerce fashion retailer Zalando has raised its full-year profit guidance after a strong second quarter that included the completion of its acquisition of About You.
-
NewsAdanola sells minority stake to American-based private equity firm
Adanola has sold a minority stake to a Los Angeles-based private equity firm which focuses on “growth and long-term value creation”.
-
NewsChanel and Pandora latest retailers to be hit by cyber attacks
Luxury brand Chanel and jewellery retailer Pandora are the latest businesses to report that customer data has been stolen in cyberattacks.
-
NewsTHG issues profit warning as it sells nutrition product supplier
THG has warned on profits for the first half of the year, at the same time as announcing it has divested one of its nutrition suppliers after receiving a “highly competitive offer”.
-
NewsFormer BP convenience boss takes new role at Sainsbury’s
Former BP and Boots executive Tracey Clements has taken up a new role at grocery giant Sainsbury’s, as part of a wider shake-up of the supermarket chain’s senior team.
-
NewsMorrisons credits focus on availability and value for profits surge
Morrisons has credited its return to profits due to its “significant focus” on improved availability and value.
-
NewsCo-op pledges to ‘stand firm on climate, opportunity and community’
C-store specialist the Co-op has unveiled a new strategy designed to embed social value across every part of the business.
-
NewsAsda eyes £400m sale-and-leaseback deal to fund turnaround push
Asda is in talks for a sale and leaseback property deal on some 20 of its supermarkets, as part of a £400m deal to help fund its wider turnaround plans for the grocery business.
-
AnalysisDuck World: Meet the little retailer dealing with the sector’s biggest problems
On a self-appointed mission to spread joy, Duck World co-founder Irina Fedotova is instead left dealing with surging crime and costs threatening to clip her growing business’ wings
-
NewsRiver Island still confident of High Court decision despite creditor backlash at vote
River Island was handed a bloody nose after landlords voted down its restructuring proposals last Friday, although the retailer is still confident of the High Court waving through the controversial measures, Retail Week can reveal.
-
GalleryStore gallery: Nespresso opens new ‘immersive’ Edinburgh boutique
Nespresso has opened its newest “immersive coffee experience” boutique in the heart of Edinburgh’s St James Quarter shopping centre.
-
NewsAsda earmarks £12m for Yorkshire store upgrades
Grocery giant Asda has set aside £12m to invest in its store estate in Yorkshire, as part of its bid to modernise its estate and enhance its in-store experience.
-
NewsDeichmann UK boss steps down to take new role with German retailer
Footwear specialist Deichmann’s managing director Simon Wilson has left the business to take up a new role with a German retailer, Retail Week can reveal.
-
NewsAmazon warns on profits as uncertainty over tariffs threaten ecommerce business
Amazon has warned it may fail to meet market expectations on its operating income, as concerns over how President Trump’s tariffs will affect its ecommerce business overshadowed strong sales.
-
NewsTrump unleashes blizzard of new tariffs as global trade war escalates
President Trump has unveiled fresh tariffs on nearly 100 countries overnight, causing international stock markets to tumble and fears of a global trade war to heighten.
-
NewsHigh street sales flatline as inflation leaves consumers ‘under huge pressure’
Bricks-and-mortar retail sales were nearly flat in July, as growing inflation and other pressures left consumers with very little disposable income.