All News articles – Page 159
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NewsPepco posts ‘disappointing profit outturn’ despite record sales
Discount retailer and Poundland parent company Pepco Group has posted a “disappointing profit outturn” after record European store openings and despite a record 17.7% growth in full-year revenue.
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NewsWaitrose to expand export business as global sales grow
Waitrose has unveiled plans to expand its export business as demand for products continues to grow in international markets.
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NewsSosandar swings to loss despite growth in revenue
Sosandar reported a loss in the first half of the year despite a growth in revenue as it continues to move towards a multichannel model.
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NewsLandsec unveils new retail operating model
Landsec has unveiled a transformation of its retail operating model, which it said represented a “signal of confidence in its continued investment” in stores.
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NewsShein considers potential for UK IPO
Fast-fashion giant Shein is reportedly in talks with the London Stock Exchange about the possibility of a public listing in the UK.
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NewsExclusive: B&Q faces staff backlash over contract changes
B&Q is facing backlash from employees surrounding changes to paid breaks and reduced hours, Retail Week can reveal.
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NewsMatalan boosts online offering with new fashion partners
Matalan announced today that it has bolstered its portfolio with the addition of 10 new third-party labels in a bid to boost its online proposition.
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NewsAsda faces lorry driver strikes over Christmas
Driver strikes at grocery giant Asda are threatening to cause food shortages during the peak Christmas trading period.
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NewsFarmison & Co relaunches butcher counter and click and collect
Direct-to-consumer butcher Farmison & Co has reopened its butcher counter in Ripon, Yorkshire, and click-and-collect service.
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NewsHarrods opens new womenswear rooms for 'ultimate shopping experience'
Luxury department store Harrods has opened two new rooms as part of the second phase of its womenswear redevelopment project.
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NewsLidl to remove ‘use-by’ dates on milk and yoghurt
Lidl is ditching ‘use by’ dates on all own-brand milk and yoghurt in a bid to help tackle household food waste.
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NewsLevi’s CEO Chip Bergh to retire as successor lined up
Levi’s chief executive Chip Bergh is set to retire from his role and will be succeeded by the fashion retailer’s president Michelle Gass in January.
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NewsLululemon hails strong ‘early performance’ ahead of Christmas
Sportswear retailer Lululemon has posted a “strong” third quarter and hailed its “early performance” ahead of the peak Christmas trading period as the brand continues to resonate with shoppers globally.
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NewsActivist investor Kelso urges THG to demerge business
Activist investor group Kelso Group Holdings has urged ecommerce giant THG to consider a demerger of its three business divisions “to maximise shareholder value”.
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NewsOnline fashion retailer Oh Polly launches rental collection
Online fashion retailer Oh Polly has announced a partnership with rental platform Zoa, marking a “pivotal moment in the group’s journey” to providing accessible fashion to customers.
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NewsJohn Lewis and Waitrose to close stores on Boxing Day
John Lewis and Waitrose stores across the UK will close on Christmas Day and Boxing Day, while New Year’s Day hours will vary across the group’s branches.
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NewsWilko and The Range to close all stores on Boxing Day
Wilko and The Range will close all of their 200-plus stores on Boxing Day to give its staff a “well-earned break” over the festive period.
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NewsWatches of Switzerland flat sales offset by ‘strong momentum in US’
Watches of Switzerland has posted flat group sales that were strengthened by its trading performance in the US.
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NewsFrasers sales and profit rise as elevation strategy pays off
Frasers has reported an increase in sales and profit across its portfolio as the group’s elevation strategy continues to “drive strong trading performance”.
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News‘Classic comfort foods’ top Waitrose food trends report
In a year dominated by the cost-of-living crisis and pressure on disposable incomes, Waitrose customers sought solace in familiar foods.