More on Me + Em – Page 329
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NewsFortnum & Mason toasts ‘successful’ Christmas after returning to profit
Fortnum & Mason has capped a year where it returned to profitability with strong sales performance over Christmas.
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NewsMatalan lenders pledge £100m of new investment after seizing control
Matalan’s lenders have taken over the ownership of Matalan after a prolonged corporate battle with former chair and co-founder John Hargreaves.
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NewsReiss expects record profit after strong Christmas
Fashion retailer Reiss has reported strong Christmas trading as sales surged in stores and online.
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NewsMade.com to enter voluntary liquidation process
Made.com will be placed into members’ voluntary liquidation to formally wind up the company, a shareholder vote on the future of the company has concluded.
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NewsFat Face delivers bumper Christmas as profits climb
Fat Face reported soaring sales in the run-up to Christmas after posting an increase in profits for the first half.
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NewsMarks & Spencer to open ‘bigger and better’ new stores creating 3,400 jobs
Marks & Spencer is to open 20 “bigger and better” new stores, creating 3,400 jobs
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NewsSainsbury’s signs delivery deal with Just Eat
Sainsbury’s is to offer rapid delivery with Just Eat as part of a new deal with the food delivery app.
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AnalysisDeep dive: Are we witnessing the death of the retailer HQ?
As hybrid working, advances in technology and cost pressures make the traditional head office less viable, Retail Week asks whether its days are numbered
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DataRanking: Amazon, Tesco and Asda offer best customer experience, say shoppers
Amazon, Tesco and Asda have come out on top of an exclusive consumer poll asking which retailers offer the best customer experience, but Aldi isn’t far behind.
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Innovation of the WeekInnovation of the Week: Walmart soars ahead with drone deliveries
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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NewsHarrods’ H Beauty launches ‘first-of-its-kind’ cosmetics recycling scheme
H Beauty is set to launch a pilot cosmetic recycling scheme for products deemed “unrecyclable”.
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NewsTed Baker to consult on 30 head office roles as part of strategic review
Ted Baker is carrying out a strategic review of its head office roles, which could result in 30 staff being made redundant.
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NewsBoohoo to cut 100 head office jobs across former Arcadia brands
Online fashion giant Boohoo has unveiled plans to axe around 100 jobs at its London head office.
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NewsLush hails return to high street and posts record Christmas sales
Lush reported its highest-ever trading month in December, exceeding its forecasts and beating pre-pandemic sales.
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NewsDFS reiterates profit guidance after strong start to the year
Furniture specialist DFS has reiterated its full-year profit guidance and hailed a strong start to winter trading, having spent much of last financial year struggling with low customer demand.
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AnalysisAnalysis: How retail confounded the doom and gloom to achieve a very merry Christmas
As soon as retailers’ Christmas updates started coming in, it was clear that something unexpected had happened – the festive season had been better than anticipated for many
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NewsPepco sales soar off the back of ‘very successful Christmas’
Poundland parent company Pepco has reported a boost in sales in the lead-up to Christmas and said it expects “another year of consistent performance” in 2023.
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NewsVirgin Wines issues profit warning following ‘difficult trading period’
Virgin Wines has issued a warning on full-year profits after a harsh half-year trading period hampered by strikes and operational problems.
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NewsProCook confident of recovery despite challenging Christmas period
ProCook has said it is confident its performance will improve despite reporting falling revenues over a Christmas period hampered by challenging trading conditions.
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NewsN Brown struggles over Christmas as cost-of-living pressures hit
N Brown has posted a drop in group revenue and product sales as cost-of-living pressures impacted shopper spending.