All News articles – Page 10
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NewsDFS CEO Tim Stacey: “The burden of taxation-driven inflation is high”
DFS posted a healthy 10% uplift in its customer orders against a subdued market, but chief executive Tim Stacey signalled that the macro policy environment was constraining investment and growth potential.
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NewsMarks Electrical warns on profits following weak trading
Marks Electrical has issued a profit warning after weak first-half trading and rising costs weighed on its margins.
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NewsDFS posts stronger profits than expected in “weak market”
Revenue in the year ending 29 June, 2025, was up 4.4% on the same period last year, while underlying profits before tax increased by £19.7m.
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NewsNimbler H&M sees profits rise in third quarter
Sales in local currencies increased 2% in the three months to August 31, 2025 compared to 2024, despite a store closure programme.
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NewsCo-op swings to a loss as full impact of cyber-attack revealed
C-store specialist Co-op has reported falling sales and a plunge into the red, after reporting the cyber attack impacted profitability, disrupted trading and heaped on additional costs.
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NewsHolland & Barrett expands supermarket concessions with Morrisons tie-up
Holland & Barrett has announced a new concessions partnership with Morrisons, adding to the existing shop-in-shop programme it has with supermarket giant Tesco.
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NewsJohn Lewis launches in-store Christmas shops as seasonal sales take off online
Department store group John Lewis has opened the doors to its in-store Christmas shops.
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NewsAldi begins hunt for 4,500 Christmas workers
Aldi has begun its Christmas recruitment drive, hoping to take on thousands of store workers over the festive period this year.
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NewsDebenhams warns some suppliers of late payments
Debenhams Group, formerly Boohoo, has warned some of its suppliers that they may experience late payments amid mounting fears that the business is facing a cash crunch.
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NewsJohn Lewis heir chairs newly created Trust
Toy specialist The Entertainer has formed a dedicated trust as ownership is transferred by the founding Grant family to employees, Retail Week can reveal.
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NewsMarks & Spencer makes transformation hire at fashion division
Marks & Spencer has appointed a former Asos director to be transformation director for fashion, home and beauty.
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NewsJD Sports posts first-half profit fall as tough US conditions take toll
JD Sports has reported what it described as a “resilient” performance in the first half of its financial year.
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NewsPoundland reappoints former clothing boss ahead of Pep&Co relaunch
Poundland has brought back its former Pep&Co head of buying and design Maria Epaminondas ahead of the relaunch of its fashion range next year, Retail Week understands.
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NewsWestfield launches Allders Parade in former historic department store
Westfield owner Unibail-Rodamco-Westfield (URW) is poised to open the doors to a new retail development inside the historic Allders department store in Croydon this week.
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NewsIkea UK&I CEO exits to lead Germany
Ikea UK and Ireland chief executive Peter Jelkeby is to step down from the role to lead the furniture giant’s business in Germany.
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NewsAllSaints strengthens its global leadership team
AllSaints has promoted two members of senior management to its global leadership team.
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NewsAmazon to shutter all Fresh stores putting hundreds of jobs at risk
Retail giant Amazon is set to close all 19 of its UK grocery Fresh stores putting some 250 jobs into consultation, Retail Week can reveal.
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NewsKingfisher hails performance of B&Q and Screwfix as it upgrades profits
Kingfisher has singled out its strong UK performance across both B&Q and Screwfix as it upgraded its full-year profit guidance.
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NewsBRC warns government against further tax rises in autumn Budget
The British Retail Consortium has warned the government against any further tax rises on retailers in the coming autumn Budget, saying any such moves risks “losing the battle against inflation”.
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NewsNike confirms release date for Skims activewear brand
Nike is set to debut its highly anticipated new women’s activewear brand in partnership with Kim Kardashian’s Skims this Friday (September 26).