All articles by Luke Tugby – Page 32
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NewsReiss’ festive sales spike as owner Warburg seeks buyer
Reiss has posted a jump in Christmas sales as its private equity owner Warburg Pincus seeks a buyer for the chain.
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NewsMorrisons to axe 3,000 roles in stores shake-up
Morrisons is to axe 3,000 department managers across its stores as part of a restructure of shopfloor teams, Retail Week can reveal.
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AnalysisAnalysis: Where next for Sainsbury’s under new boss Roberts?
Many predicted that Mike Coupe would depart Sainsbury’s in the wake of its failed bid to merge with Asda, and today he called time on his six years at the helm, passing the reins over to the supermarket’s retail and operations boss Simon Roberts.
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OpinionOpinion: Forget Asda – Coupe leaves a lasting legacy at Sainsbury’s
Once I made the mistake of telling Sainsbury’s boss Mike Coupe that I did most of my grocery shopping at Tesco.
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NewsMajestic Wine MD Lincoln exits as new boss Colley shakes up exec team
Majestic Wine managing director Josh Lincoln has left the business as new boss John Colley sets about reshaping his executive team.
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NewsSainsbury’s to axe hundreds of management roles
Sainsbury’s is to shed hundreds of jobs across its head office functions in a bid to slash costs and drive further synergies with the Argos business.
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NewsDixons Carphone re-issues festive trading update after error
Dixons Carphone has been forced to re-issue its Christmas trading update after a clerical error in its original filing.
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NewsAldi hikes pay rates for shopfloor staff
Aldi has hiked its base rate of pay for all shopfloor staff to what it has dubbed “market-leading” levels.
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NewsEve Sleep breaks even for first time during fourth quarter
Eve Sleep has broken even for the first time during the fourth quarter of its financial year as it remained on track to slash losses.
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NewsJoules profits hit by later fall of Black Friday
Joules has blamed the later fall of Black Friday for a slump in half-year profitability.
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NewsDixons Carphone posts flat Christmas sales as mobile hits top line
Dixons Carphone has hailed “strong” sales during the peak Christmas and Black Friday trading period, despite the turbulent mobile phone market continuing to drag on performance.
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NewsAsda launches one-hour click-and-collect service
Asda has launched a new click-and-collect service that allows shoppers to pick up their online orders in under an hour.
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AnalysisNew year, new you? The retailers in need of reinvention
Many people have started the new year with a mission to reinvent themselves. Lose weight, get more organised, find a new job. Which retailers could benefit from adopting a similar approach and what could their reinventions look like?
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NewsSpar posts festive sales rise as it focuses on fresh
Spar has recorded an increase in sales during the crucial Christmas trading period as its focus on availability and fresh categories bore fruit.
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NewsMoss Bros sales fall amid ‘challenging’ marketplace
Moss Bros has hailed “good progress” with its strategy despite a fall in sales during the second half of its financial year.
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NewsHalfords maintains profit guidance after ‘solid’ festive sales
Halfords has maintained its full-year profit guidance after clocking up a “solid” sales performance during the golden quarter.
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NewsAsda unveils plans for first ‘sustainability store’
Asda is to launch its first “sustainability store” as part of efforts to crack down on the amount of plastic it uses in its supermarkets.
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NewsHolland & Barrett sales rise in ‘early stages’ of transformation
Holland & Barrett has posted a jump in festive sales as its clean beauty and vitamins categories drove growth.
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NewsAsda to replace meat and fish counters with food-for-now offer
Asda is to close all of its in-store meat and fish counters as part of efforts to increase its focus on the food-for-now market.
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NewsTesco’s Lewis blames price cuts and promotions for ‘subdued’ market
Tesco boss Dave Lewis has blamed the “subdued” Christmas grocery market on widespread promotional activity and heavy investments in price, rather than the fragile consumer backdrop.