All News articles – Page 137
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NewsCurrys ups profit guidance after potential bidders walk away
Currys has upped its full-year profit guidance after it confirmed reports that both JD.com and Elliott Advisors had walked away from making potential bids to buy the retailer.
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NewsSainsbury’s boss apologises after deliveries cancelled over tech issues
Sainsbury’s boss Simon Roberts has been forced to apologise to customers after the supermarket giant had to cancel thousands of online deliveries due to technical issues.
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NewsExclusive: More than half of shoppers think supermarket loyalty prices are a scam
The majority of the British public believes that supermarket loyalty prices are a scam and that original prices have been doctored to make discounts look better, Retail Week can reveal.
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NewsBensons for Beds back in profit despite ‘challenging period’
Bensons for Beds has returned to an EBITDA profit, despite what it calls a continued challenging market and supressed consumer sentiment.
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NewsFreemans launches first credit offer in 13 years
Freemans has announced the launch of a new credit offer, its first in 13 years, in a bid to continue offering value and flexibility to shoppers.
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NewsJD.com walks away from Currys takeover bid
Chinese ecommerce retailer JD.com has abandoned its plans to put in a formal bid to takeover Currys.
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NewsNet store closures surge across Britain
Net store closures accelerated above 2022 levels in Britain but remained lower than between 2018 and 2021, according to the latest figures from PwC and Local Data Company (LDC).
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NewsWHSmith appoints new chief financial officer
WHSmith has appointed Max Izzard as its new chief financial officer, who will take over from Robert Moorhead.
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NewsAnn Summers names new finance boss as John Boyle retires
Ann Summers chief financial officer John Boyle is set to exit the business. He retires after 11 years at the lingerie and sex toy retailer, and will be succeeded by Kristina Moln-Page.
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NewsExclusive: Next Beauty CEO exits after nearly five years
Next Beauty’s chief executive Amanda Scott has stepped down from her role at the business, Retail Week can reveal.
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NewsPoundland to make TV advert debut
Poundland will showcase its new clothing, homewares and grocery ranges in its TV ad debut.
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NewsJohn Lewis scraps bonus again despite return to profit
John Lewis Partnership has returned to profit following a period of losses as it enters a year of “significant investment” to refresh its plan.
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NewsDeliveroo posts narrowing losses in ‘resilient year’
Deliveroo has reported narrowing losses and an increase in revenue in what the group described as a “resilient year of growth” amid tough macroeconomic conditions.
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NewsPrimark CEO Marchant: Belief in bricks-and-mortar retail ‘at the heart’ of success
Primark chief executive Paul Marchant has said the fashion giant’s belief and passion in bricks-and-mortar retail “lie at the heart” of its strategy and success.
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NewsAsda and Amazon face fresh strikes this month
Workers at the Asda Wisbech store, as well as at the Amazon Coventry and Birmingham depots, are set to strike this month, the GMB union has announced.
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NewsRefy CEO Jenna Meek: 'We want to be the number-one brand in Sephora US'
Jenna Meek, chief executive and co-founder of beauty brand Refy, said they turned down a £15m contract to expand in the Middle East to refine and focus the business.
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NewsYoung Minds: ‘The most successful brands we work with are the ones leaning into young people’
UNiDays head of wellbeing Alex Smith, speaking on the ‘Young minds: Future of Loyalty’ panel at LIVE 2024, has said that the most successful brands are the ones leaning into the needs of young people.
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NewsMusic Magpie 'confident' despite decline in profit and revenue
Music Magpie has reported a decline in overall revenue and profit for the year ending November 30, 2023.
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NewsZalando adopts new strategy designed to power growth
International fashion pureplay Zalando expects to return to growth as it follows a new strategy.
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NewsZara owner Inditex posts surge in sales and profits
Fashion giant Inditex, owner of fascias including Zara and Bershka, has reported an increase in annual earnings and revenue, which it said was driven by “strong execution”.