More on Me + Em – Page 332
-
NewsGreggs beats strikes and bad weather to post strong seasonal sales
Food-on-the-go specialist Greggs generated a big Christmas sales rise to end the year strongly.
-
NewsNext ups profit guidance as Christmas sales beat expectations
Fashion powerhouse Next has increased its earnings guidance after a strong Christmas performance.
-
NewsAmazon to cut 18,000 jobs across its business as tech giants suffer
Online giant Amazon is to axe approximately 18,000 jobs – about 6% of its workforce.
-
NewsWilko secures £40m lifeline as it reshuffles non-executive board
General merchandise retailer Wilko has secured a £40m funding lifeline from noted high street lender Hilco and has announced a change at the head of its board.
-
NewsSainsbury’s unveils ‘biggest ever’ investment in higher staff pay
Sainsbury’s is making its “biggest ever” investment in higher wages for staff, bringing its hourly pay rate up to at least £11 per hour.
-
NewsGrocery sales hit record £12.8bn over Christmas as inflation drives up prices
Take-home grocery sales passed the £12bn mark for the first time in December, with inflation the key driving factor as volumes decreased.
-
NewsMorrisons slashes prices on 130 items as cost of living bites
Supermarket giant Morrisons has reduced the prices on 130 items at the start of the year including bread, meat and cheese to help shoppers struggling with ongoing inflation.
-
Retail VoiceHow Holland & Barrett is using the digital HQ to unite its teams
Alongside Holland & Barrett’s physical stores, the retailer has a thriving tech team led by its chief technology officer Sathya Nandakumar. Slack’s Chris Mills met with her to discuss how Holland & Barrett’s teams are using a digital HQ — a single digital space that organises work between people, systems, partners and customers — to improve collaboration across the business
-
NewsFood inflation leaps to highest rate on record
Food inflation has risen to its highest rate on record, accelerating to 13.3% last month, the latest figures from the BRC-Nielsen Shop Price Index have shown.
-
NewsGymshark and Boden founders recognised in new year honours
Gymshark founder and chief executive Ben Francis has been awarded an MBE for services to business in the 2023 new year honours list.
-
NewsAldi hails record Christmas as World Cup and festive trading boost sales
Aldi has reported surging sales as the World Cup and the festive period, combined with a flight to value driven by the cost-of-living crisis, helped deliver its “best Christmas ever”.
-
NewsRetail Week and World Retail Congress bought by William Reed
Retail Week and World Retail Congress have been acquired from Ascential by family-owned publishing business William Reed.
-
NewsVictorian Plumbing to open new £50m distribution centre
Victorian Plumbing is to open a new 544,000 sq ft, purpose-built distribution centre in Lancashire after agreeing on a 20-year lease.
-
NewsHotel Chocolat teams with new partner for Japan expansion
Hotel Chocolat has entered a strategic partnership with Eat Creator Corporation to optimise the brand for the Japanese market.
-
AnalysisWhat’s in store for 2023? Very, Primark and Kingfisher bosses predict the year ahead
In the last year, the UK has leapt from a pandemic to a political circus straight into an economic whirlwind, begging the question: what’s next? So we’ve asked the bosses of retail to predict the unpredictable and tell us the trends they think will dominate and direct the sector in 2023
-
NewsFree-range egg rules could be relaxed to help UK farmers compete with Europe
The government is considering relaxing the rules around what qualifies as a free-range egg to help farmers battling a record avian flu outbreak compete with the European Union.
-
NewsFashion sector pays tribute to icon Vivienne Westwood
Tributes have poured in overnight from across the fashion sector following the death of the “undisputed queen of British fashion” Vivienne Westwood.
-
NewsThe Perfume Shop hails ‘best ever’ Christmas with record number of bottles sold
The Perfume Shop has hailed the resilience of perfume as a gifting category after it sold a record number of bottles over the Christmas trading period.
-
AnalysisBuys, boardroom exits and botched IPOs: retail’s biggest stories of 2022
From accounting scandals to crushing collapses, the thrills and spills of retail have provided plenty to talk about this year. As 2023 dawns, here’s our pick of the biggest eyebrow-raising stories from the industry in 2022
-
NewsTorrent of strikes could continue well into new year
A wave of industrial action, which has disrupted life for many including the retail sector, may continue for months to come, the TUC has warned.