All News articles – Page 130
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NewsDr Martens CEO to depart and warns of ‘worst case’ 2025 scenario
Dr Martens said there was a “range of potential outcomes” for FY25 – including a potential “worst case scenario” if sales in the US flounder.
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NewsMarks Electrical posts record full-year sales
Marks Electrical revenue has reached a record £114.3m, despite an electronics slow-down and low consumer confidence for big-ticket items.
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NewsB&M racks up 10% growth as shoppers seek out savings
B&M group sales have grown to £5.5bn as budget-conscious consumers continue to hunt for savings.
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NewsBRC calls for tougher police action against retail crime
The British Retail Consortium is calling for tougher action against retail crime, as part of its Get Tough on Retail Crime campaign, ahead of the Police and Crime Commissioner (PCC) elections on May 2.
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NewsSuperdry to quit stock market as part of survival plan
Superdry is poised to de-list from the London Stock Exchange as part of a restructuring plans that it says are critical to its long-term survival as a brand.
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NewsSports Direct fails to get injunction against Newcastle United FC
Mike Ashley’s Sports Direct has failed to get an injunction against Newcastle United to stop the football club’s exclusive kit deal with rival sports retailer JD Sports.
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NewsPrimark slashes kidswear prices on hundreds of products
Primark has slashed prices on hundreds of its essential childrenswear products ahead of the summer season.
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NewsBath & Body Works to open first standalone store in London
US beauty and lifestyle retailer Bath & Body Works is set to open its first standalone store at Westfield London shopping centre in White City.
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NewsCharles Tyrwhitt sales jump as brand pivots to casual work attire
Suits and shirts specialist Charles Tyrwhitt expects its business to grow by 20% over the next year as customer demands for casual work attire booms.
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NewsDr Martens sues Temu over trademark infringement
British footwear brand Dr Martens has launched a lawsuit against Temu, accusing the online giant of trademark infringement.
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NewsGetir eyes restructuring as market value plummets
Getir, one of the world’s largest rapid-delivery grocery platforms, is in talks over a restructuring of the business after its valuation plummeted.
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NewsBritish heritage luggage brand is one of the fastest-growing retailers in the UK
The third fastest-growing retailer in the UK last year was a 100-year-old British luggage brand, according to new transaction data collected for Retail Week.
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NewsGucci poaches Louis Vuitton exec for deputy CEO role
Gucci owner Kering has named Louis Vuitton communications and events executive Stefano Cantino as its new deputy CEO.
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NewsHelloFresh opens largest European warehouse, creating 300 jobs
Recipe-in-a-box retailer HelloFresh has announced the opening of its new Derby-based distribution centre, its largest in Europe and “one of the most sustainable” in the country.
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NewsTesco joins rivals to launch ‘Best of British’ page on website
The UK’s largest supermarket Tesco has joined rivals to launch a ‘Best of British’ page on its website to support local farmers and producers.
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NewsIkea owner could bring US food hall concept to UK in ‘not too distant future’
Ikea sister company Ingka Centres is considering a new food hall pilot it debuted in San Francisco in its plans for a Brighton shopping centre, Retail Week can reveal.
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NewsMajestic Wine opening first store on Channel Islands
The UK’s largest specialist wine retailer has revealed plans to expand to the Channel Islands as it doubles down on its investment into bricks-and-mortar growth.
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NewsUniqlo owner posts ‘strong’ profits and sales increase
Uniqlo parent company Fast Retailing has posted a rise in both profits and sales during its first half as all geographies posted a “strong” performance.
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NewsTHG Beauty boss expects return to growth in ‘extremely buoyant’ market
THG Beauty, which owns pureplay retailers including Lookfantastic and Cult Beauty, expects to return to growth in the next financial year as sales grew at a double-digit rate in the last quarter and the premium beauty market in the UK remains “extremely buoyant”, according to chief executive Lucy Gorman.
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NewsAmazon to invest £600m in European robotics and AI over five years
Amazon has announced it will invest €700m (£600m) across its European fulfilment centre network between 2019 and 2024 to enable robotics and AI-powered technologies.