All News articles – Page 140
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NewsTesco unveils ‘biggest ever single investment’ in staff pay and benefits
Tesco has announced an increase in pay for frontline staff to up to £12.02 per hour, calling this its “biggest ever single investment” in colleagues.
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NewsAsos said to be in talks with Reliance as it eyes expansion in India
Asos is believed to be in talks with Indian retail giant Reliance Retail to bring the British fashion brand to the Indian market, according to reports.
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NewsSchuh bolsters top team with new appointments
Footwear retailer Schuh has poached Superdry executive Justin Lodge to be its new chief digital officer, as well as naming Stephanie Legg as chief marketing officer, effective immediately.
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NewsGreggs profits and sales on a roll in ‘record’ year
Greggs has posted booming profits and sales as market share reached an “all-time high” and the food-to-go retailer maintained its guidance for the 2024 financial year.
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NewsRetail sales dampened by one of wettest Februarys on record
UK retail sales declined as consumer demand was dampened by one of the wettest Februarys on record, according to the latest BRC-KPMG Retail Sales Monitor.
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NewsCo-op and Uber Direct join forces for quick commerce tie-up
The Co-op has launched a quick commerce partnership trial with Uber Direct, the delivery company’s white-label solution.
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NewsFootasylum names David Pujolar as new CEO
Sportswear retailer Footasylum has named David Pujolar as its new chief executive as boss Barry Bown steps down from his role as executive chair and chief executive.
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NewsOcado launches ‘Best of British’ aisle following campaign from MPs
Online supermarket Ocado has launched what it claims is the “largest Best of British aisle” in UK grocery retail, following a campaign by MPs.
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NewsSuperdrug partners with Gophr to offer on-demand pharmacy delivery
Superdrug has partnered with on-demand delivery network Gophr to deliver prescriptions direct to UK homes.
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NewsBRC urges chancellor to set new business rates at lower inflation levels
BRC and four other trading bodies have written to the Chancellor ahead of the spring budget urging him to align business rates rise with April inflation rates – currently at 2%.
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NewsCurrys invests a further £13m in staff pay
Currys is investing a further £13m in colleague pay, which will see all hourly paid staff receiving a higher hourly rate and bonuses.
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NewsFrasers buys Wiggle out of administration
Frasers Group has snapped up cycling retailer Wiggle, acquiring the brand and intellectual property after the business fell into administration in October last year.
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NewsThe Body Shop administrators investigate missing millions
The Body Shop’s administrators are investigating claims of millions of unaccounted funds that were taken out of the business before its collapse.
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NewsMohsin Issa to hand over running of Asda following ‘reset’
Mohsin Issa, co-owner of Asda said he plans to hand over the running of the UK’s third-biggest supermarket after carrying out a ”reset” of the business.
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NewsGymshark appoints first chief digital officer
Gymshark has appointed Carly Natalizia to the newly created role of chief digital officer to drive “digital growth for the brand for years to come”.
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NewsOxford Street revamp set to deliver £2.8bn in additional sales by 2033
The new £90m Oxford Street programme is expected to drive 5% to 10% in sales growth per year to potentially reach £2.8bn in additional sales between 2027 and 2033, according to the New West End Company.
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NewsM&S claims victory in court battle over Marble Arch store
Marks & Spencer has claimed victory over its Marble Arch store plans after the High Court ruled Michael Gove’s decision to block the redevelopment was “unlawful”.
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NewsAsda invests record £150m in staff pay
Asda has invested a record £150m in staff pay, which it said makes it the highest paying supermarket in the UK on base rate.
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NewsSuperdry buyout deadline extended for Dunkerton
The deadline for Superdry co-founder Julian Dunkerton to make an offer for the retailer has been extended till the end of March.
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NewsBoots appoints former Asda strategy head to lead transformation
Boots has appointed Preyash Thakrar as strategy and transformation director as it “embarks on a significant period of change”.