All articles by Luke Tugby – Page 3
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NewsMorrisons kicks off supermarket sale and leaseback plans
Morrisons has kick-started plans to sell off some of its supermarkets in a bid to raise cash during difficult economic conditions.
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NewsZara makes play for resale and repair market with pre-owned service
Zara is launching a new service to help its UK customers resell, repair or donate clothing bought from the retailer.
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NewsWickes warns of spiralling energy bill as sales rise
Wickes has warned its energy bill is set to soar by £7.5m next year as it flagged the impact of “uncertainties” surrounding operating cost inflation and consumer confidence.
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NewsDeliveroo reduces sales expectations amid ‘ongoing economic uncertainty’
Deliveroo has cautioned that full-year sales growth will come in at the lower end of expectations as it grapples with “ongoing economic uncertainty”.
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NewsRetail sales slump below pre-Covid levels in September
Retail sales volumes slumped to below pre-Covid levels in September as sluggish consumer confidence and store closures during the Queen’s funeral impacted performance.
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NewsExclusive: Iceland boss Richard Walker launches bid to become MP
Iceland boss Richard Walker has launched a bid to stand for Parliament at the next general election, Retail Week can reveal.
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NewsExclusive: AO chief operating officer Danny Emmett exits
AO chief operating officer Danny Emmett has made a shock exit from the business, Retail Week can reveal.
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NewsCo-op profits drop in ‘highly challenging’ market
The Co-op has suffered a decline in profitability as it battles to cut costs and shore up its balance sheet.
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NewsIkea and Tesco join forces on car park collection points
Ikea has partnered with Tesco to launch click-and-collect points in the grocer’s car parks.
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NewsBoohoo warns of further sales declines as profits crash
Boohoo has warned it is likely to suffer further revenue erosion during the crucial golden quarter after its first-half profits tumbled.
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AnalysisStrategic report: Aldi raising prices quicker than grocery rivals, exclusive data finds
Aldi is raising prices at a quicker rate than its mainstream grocery rivals, according to findings from Retail Week’s new strategic report.
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AnalysisStrategic report: Aldi raising prices quicker than grocery rivals, exclusive data finds
Aldi is raising prices at a quicker rate than its mainstream grocery rivals, according to findings from Retail Week’s new strategic report.
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NewsScS appoints ex-Argos boss John Walden as chair
ScS has named former Argos and Home Retail Group boss John Walden as its new chair.
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NewsMade.com and Revolution Beauty sound alarm over trading and financing
Embattled retailers Made.com and Revolution Beauty have raised further alarm bells over their financing and current trading as both businesses battle to secure their futures.
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NewsSainsbury’s ploughs £20m into ‘unprecedented’ autumn pay rise as cost of living mounts
Sainsbury’s is putting £20m into a fresh pay rise for staff “to support them with rising household costs”.
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NewsWilko moves to monthly rent payments to manage cash flow
Wilko has shifted to monthly rental payments in a bid to conserve cash heading into the crucial golden quarter.
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NewsIceland takes Nordic nation to court again in trademark row
Frozen food specialist Iceland is taking the country of Iceland to court again in the fight to trademark its name.
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NewsMike Ashley steps up Debenhams legal battle and eyes Gieves & Hawkes swoop
Mike Ashley is stepping up his legal battle over the controversial collapse of department store chain Debenhams.
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NewsTesco and The Entertainer launch concession partnership
Tesco has joined forces with The Entertainer to open toy concessions in 35 of its largest supermarkets.
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NewsOcado Retail promotes Hannah Gibson as new chief executive
Ocado Retail has named Hannah Gibson as its new chief executive, replacing Mel Smith.