All News articles – Page 13
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NewsAldi sales rise but profits drop as it rolls out record UK expansion plan
Value supermarket Aldi has reported an increase in sales alongside a fall in profits, as it announced a record £1.6bn expansion plan in the UK.
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NewsAO ups profit guidance as it expects to deliver double-digit sales growth
Electricals retailer AO has increased its profit guidance and it said it was on track to deliver a strong profit performance and double-digit sales growth.
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NewsUrban Outfitters to open second Irish store as it ramps up European expansion
Urban Outfitters is to open a second store in Ireland next week as it continues its expansion across Europe.
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NewsWhole Foods Market losses deepen as sales decline
Whole Foods Market has recorded deepening losses for its UK operations, as revenues took a sharp downturn.
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NewsOcado shares slide as Kroger takes ‘hard look’ at future of tie-up
Shares in pureplay grocer and technology firm Ocado dropped as markets opened on Friday, after major international partner Kroger said it would take a “hard look” at its automated warehouses.
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NewsBusiness rates rise brings closure risk for 400 stores
Supermarkets and department stores are among shops threatened with “a wave of closures” if businsess rates changes go ahead.
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NewsLaura Ashley to return to physical retail with new flagship store
Laura Ashley is set to return to brick-and-mortar retailing this month with the opening of its first standalone store in over five years.
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NewsHolland & Barrett leadership reshuffle as new group boss takes reins
Holland & Barrett has started to shape its leadership team under new group chief executive Anthony Houghton, Retail Week can reveal.
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NewsOcado Retail boss: ‘M&S products have been a really strong factor in our growth’
Ocado Retail boss Hannah Gibson has said that Marks & Spencer’s products have been a “really strong factor” in the joint venture’s 18-months of consistent growth.
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NewsGovernment hints at ‘fundamental change’ for business rates
The government has said it considers there to be a case for “fundamental change from a ‘slab’ to a ‘slice’ system” of business rates, in an interim report published today.
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NewsB&Q to cut over 650 roles to ‘simplify retail structure’
B&Q has placed more than 650 roles across its business into consultation as part of efforts to streamline its retail structures, Retail Week can reveal.
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NewsTHG beauty to launch AI academy as it prioritises being a ‘digital-first’ retailer
THG beauty is gearing up to launch an AI academy as it focuses on being a “digital first” retailer, Retail Week can reveal.
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NewsMarks & Spencer digital chief to stand down
Marks & Spencer chief digital and technology officer Rachel Higham is stepping down from her role, Retail Week can reveal.
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NewsTHG profits dip after slow start to the year for beauty
THG profits dipped in the first half of the year, after slow beauty trading and increased costs dragged on performance.
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NewsJohn Lewis focuses on positive momentum despite deepening losses
Losses deepened at John Lewis in the first half, but the retailer is still confident of a strong end to the year.
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NewsPrimark to ‘significantly’ raise prices in the US
Primark boss George Weston has revealed the fashion chain is “significantly” raising its prices in the US this week in response to President Donald Trump’s tariffs.
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NewsCurrys rolls out electronic shelf edge labelling to all stores
Currys is rolling out electronic shelf edge labelling (ESEL) to all of its UK and Ireland stores in the coming weeks.
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NewsWickes boss plans new stores drive in ‘underrepresented’ areas
Home and DIY firm Wickes is looking to expand its store presence to areas of the UK where the group is currently not present or underserved, Retail Week can reveal.
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NewsFenwick launches first loyalty programme in its 140-year history
Department store group Fenwick has launched a new loyalty programme, offering customers rewards such as money-off points and exclusive benefits.
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NewsGymshark promotes from within to appoint new CFO
Gymshark has appointed acting finance boss Rich Sanders to the permanent position of chief financial officer.