All News articles – Page 151
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NewsLidl rewards hourly paid staff with pay hike
Lidl has announced a further £37m investment in staff pay, which will see 26,000 hourly paid colleagues receive the “highest rates of pay” in the sector.
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NewsMorrisons scraps four-day week at head office
Supermarket chain Morrisons has scrapped its four-day working week following complaints from office staff forced to work at the weekend.
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NewsExclusive: Business rates and tackling crime top BRC election wish list
The British Retail Consortium is calling on the UK’s political parties to ensure that business rates are made more sustainable and that retail crime becomes a standalone offence, as it gears up for the general election this year.
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NewsTHG Ingenuity partners with fashion retailer Omnes 'to go to next level'
THG’s tech business Ingenuity Commerce has announced a new partnership with UK-based sustainable fashion retailer Omnes to fuel its growth plan.
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NewsBoohoo warehouse closures imminent
Fast-fashion giant Boohoo is set to shut down its Northamptonshire-based distribution centre putting 400 jobs at risk, according to reports.
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NewsSainsbury’s and M&S unveil fresh price pushes
Grocery giants Sainsbury’s and Marks & Spencer have today unveiled fresh investments in price as the two look to build on strong food performance over Christmas.
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NewsVirgin Wines hails ‘good Christmas’ as sales and profitability jump
Virgin Wines has hailed a strong Christmas trading period, reporting increases in both total revenues and profitability and maintaining its full-year profit guidance.
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NewsOfcom review paves way for Royal Mail to scrap Saturday deliveries
Royal Mail could be given the green light to scrap Saturday deliveries as part of an Ofcom review into how the UK’s postal service may need to be updated.
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NewsSainsbury’s boss backs law change to deal with spiralling retail crime
Sainsbury’s boss Simon Roberts has said that abuse and physical attacks on Sainsbury’s staff have “escalated through last year” and backed calls for changes in the law to protect shopworkers.
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NewsJohn Lewis staff could face smaller pay rises
John Lewis staff have been informed they face the prospect of smaller pay rises under new proposals being considered to give the business more flexibility as its turnaround continues.
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NewsBirkenstock warns on profits despite ‘most successful’ year to date
German footwear retailer Birkenstock has warned that 2024 EBITDA margins are expected to see a “modest headwind” due to increased costs, despite posting booming sales and profits in its “most successful” year to date.
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NewsLogistics giant Wincanton to go private in £560m mega deal
Wincanton is set to be snapped up by French shipping giant CMA CGM and delisted from the London Stock Exchange in a deal worth over £560m.
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NewsAsda to open more new c-stores this month
Asda is ramping up its expansion into the convenience store market with plans to open 21 new c-stores before the end of the month.
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NewsDFS suffers weather hit to sales but confident in full-year guidance
Sofa giant DFS has reported a fall in demand but still expects to meet full-year earnings expectations.
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NewsRetailer pain from volume hit to December sales, ONS reports
Retail sales advanced by value in December but volume slid, official data shows.
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NewsWickes makes store manager roles more flexible
Wickes has introduced flexible working options to all store manager roles across its estate.
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NewsCurrys boss blasts ‘inflationary’ government proposals
Currys chief executive Alex Baldock has lashed out at government “meddling” heaping unnecessary pressure on the retail sector.
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NewsN Brown ‘confident’ in strategy despite dip in sales
Fashion group N Brown, which owns Simply Be, Jacamo and JD Williams, has said it is “confident” in its strategic direction for the year ahead, despite posting a dip in sales in its third quarter.
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NewsMarks & Spencer unveils ‘biggest ever’ investment in Scottish stores
Marks & Spencer is to invest £30m to open or expand shops in Scotland.
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NewsWatches of Switzerland issues profit warning
Watches of Switzerland has issued a profit warning as shares plummeted by more than 25% this morning. In the run-up to Christmas, consumers opted to spend on fashion, beauty, travel and hospitality rather than luxury.