All News articles – Page 106
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NewsUncertain outlook despite shop price inflation stabilising
Shop price inflation remained unchanged in July, benefiting from high comparatives last year, but the outlook remains uncertain for the remainder of the year, according to the British Retail Consortium (BRC).
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NewsPrimark is locking prices of kids’ essentials to help families ‘feeling the pinch’ get back to school
Fashion giant Primark is freezing prices on hundreds of children’s clothing essentials to support families with their back-to-school shopping.
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NewsBoohoo lenders have tapped advisers to talk refinancing as debt deadline looms
Lenders to the Boohoo Group have reportedly drafted in advisers to discuss refinancing options for the business amid ongoing losses.
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NewsBoots Advantage Card data will be used to develop new disease treatments
Health and beauty giant Boots will use data gathered through its Advantage Card loyalty scheme to enable companies to seek new treatments for illnesses.
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NewsIceland has posted record profits as shoppers devoured its £1 range
Iceland has posted record profits as shoppers devoured its £1 range.
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NewsBritish Land taps into ‘significant growth market’ with first ever healthcare leases
British Land has leased over 10,000 sq ft of space to healthcare providers for the first time at its Crownpoint Retail Park in Greater Manchester, Retail Week can reveal.
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NewsTed Baker’s high street presence at risk as administrator plans to close all stores
Ted Baker could disappear from the high street once and for all as administrators gear up to close all its stores in the coming weeks.
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NewsJD Sports staff may face job losses as it puts distribution centre under review
Staff at JD Sports’ major distribution centre in Derby are facing potential job losses as the retailer puts the warehouse under review.
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NewsSupermarkets have been cleared in an investigation into loyalty card pricing
The competition watchdog has cleared the grocers having failed to find any widespread evidence of misleading loyalty promotions in the industry.
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NewsJohn Lewis has won support for build-to-rent housing scheme
John Lewis Partnership has won approval for a build-to-rent housing scheme, which had previously stoked controversy.
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NewsParcel delivery giant Evri has been snapped up by a private equity firm
Parcel delivery giant Evri is set to be sold to private equity firm Apollo.
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NewsDeliveroo has partnered with The Perfume Shop for rapid delivery
Deliveroo has partnered with The Perfume Shop, offering customers a selection of designer perfume brands for delivery in 25 minutes.
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NewsTHG is slashing 171 jobs as it orders all staff back to office five days a week
THG is set to cut 171 jobs across various departments as it puts an end to flexible working by calling staff back to the office for five days a week, starting from August 19, 2024.
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NewsCrew Clothing’s sales and profits have surged despite fashion retail battles
Crew Clothing has posted a surge in sales and profits for the 2023 financial year despite the ongoing challenges posed by the cost-of-living crisis.
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NewsMajestic has ramped up its bricks-and-mortar expansion with fresh £1m investment
Majestic Wine is ramping up its commitment to bricks and mortar with a fresh £1m investment in its store estate.
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NewsHammerson has posted growth in rental income and ‘capability’ in wake of Bicester Village sale
Hammerson, which owns and operates shopping centres including Birmingham’s Bullring and London’s Brent Cross, has posted a rise in rental income and “increased capacity and capability” after selling its £1.5bn stake in Bicester Village.
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NewsExclusive: Iceland has slammed illigitimate ads framing it as zero hours contract employer
A spate of illegitimate Iceland zero-hour contract job ads threaten to embarrass the retailer’s boss and Labour supporter Richard Walker, in the same week the new government pledged a ban on the contracts.
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NewsSephora has delivered ‘exceptional’ growth but LVMH sales and profit take a hit
Sephora has delivered double-digit growth despite parent group LVMH seeing a fall in sales and profit in the six months to June 30, 2024.
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NewsExclusive: John Lewis’ great-grandson and ex-CFO has joined Oak Furnitureland
The great-grandson of John Spedan Lewis who was also the partnership’s former chief finance officer has joined Oak Furnitureland, Retail Week can reveal.
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NewsMore shoppers are paying with their phones but use of cash also rises
Consumers’ use of mobile contactless payment significantly increased last year – when the number of people mainly using cash also rose.