All News articles – Page 154
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NewsJohn Lewis drafts in new department stores boss
John Lewis Partnership has appointed former staffer Peter Ruis to run its eponymous department store business.
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NewsIkea slashes prices on thousands of products
Ikea has rolled out new lower prices on thousands of products, with more to come by spring.
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NewsGymshark to open second store in London
Gymshark is set to expand its physical retail offering as it announces its second permanent store in London’s Westfield Stratford City.
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NewsMarks & Spencer: ‘No clothing price increases this year’
Marks & Spencer has signalled that it does not intend to increase apparel prices in 2024.
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NewsVery Group credits toys, gifts and beauty for ‘strong’ Christmas trading
The Very Group has credited the success of its toys, gifting and beauty categories for driving “strong” Christmas results as sales rise in a “challenging market”.
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NewsExclusive: Homebase CFO Andy Coleman steps down
Homebase chief financial officer Andy Coleman has stepped down, Retail Week can reveal.
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NewsBBC finds Boohoo put ‘Made in UK’ labels on clothes made in South Asia
Fashion retailer Boohoo put ‘Made in UK’ labels on clothes made in South Asia, according to the BBC’s Panorama programme, which said the mislabelling could affect “thousands of clothes”.
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NewsMarks & Spencer sales rise across food and clothing
Marks & Spencer has posted a sales rise across its food, clothing and home categories over the Christmas period.
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NewsTesco upgrades profit guidance after ‘stronger performance than expected’
Tesco has upgraded its full-year profit guidance and said continued investments in its customer offer have resulted in a “stronger trading performance than anticipated”.
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NewsSainsbury’s boss working with government on Red Sea shipping
Sainsbury’s chief executive Simon Roberts is in direct contact with the government to mitigate any knock-on effects of the supply chain issues in the Red Sea and Suez Canal.
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NewsSosandar posts record quarter driven by ‘strong performance across all channels’
Fashion retailer Sosandar has posted a record golden quarter 23% increase in revenue year on year to £14.3m, up from £11.6m in the previous year.
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NewsMarks Electrical reduces profit guidance despite sales rise
Marks Electrical has reduced its profit guidance despite growth in revenue and market share as “consumers remain highly price-conscious” in a challenging trading environment.
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NewsProCook wary of Red Sea impact as Christmas trading breaks even
While ProCook said Christmas trading was in line with expectations, it remains wary of the macroeconomic environment and the impact of ongoing geopolitical supply chain issues.
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NewsGreggs sales soar driven by digital channels and extended trading hours
Greggs reported a surge in sales helped by the growing popularity of the brand and ”greater availability through digital channels and extended trading hours.”
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NewsSainsbury’s sales rise as grocery volumes grow
Sainsbury’s grocery volumes increase for the fourth consecutive Christmas reflecting “great value and service” and a “positive customer response” to the grocer’s first-ever Nectar Price Christmas.
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NewsAmazon warehouse workers set first-ever strike date at Birmingham depot
Amazon workers at a fulfilment centre in Birmingham are set to strike for the first time in January over pay and working conditions.
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NewsExclusive: London Designer Outlet Boxing Day sales hit record high
A total of 14 retailers have posted record-breaking Boxing Day sales at London Designer Outlet (LDO) at Wembley Park in the outlet’s “best trading day ever” as full-year sales also hit an unprecedented £99m, Retail Week can reveal.
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NewsExclusive: The Body Shop interim CEO exits as Aurelius takes ownership
The Body Shop interim chief executive Ian Bickley has left the business, effective immediately, as private equity firm Aurelius takes ownership, Retail Week can reveal.
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NewsBoohoo eyes Leicester factory closure
Fashion giant Boohoo is mulling the closure of its Thurmaston Lane factory in Leicester and relocating its operations, according to reports.
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NewsExclusive: WHSmith appoints GXO as UK logistics partner
WHSmith has appointed GXO as its new outsourced logistics partner in the UK, Retail Week can reveal.