All News articles – Page 194
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NewsCompetition watchdog fines Asda for failing to comply with fuel inquiry
The Competition and Markets Authority (CMA) has fined Asda £60,000 and named Morrisons for targeting higher fuel margins, as it sets out its plan to drive down fuel prices.
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NewsM&S teams up with eBay and Oxfam to sell secondhand school uniforms
Marks & Spencer has launched a tie-up with online marketplace eBay and anti-poverty charity Oxfam to sell second-hand school uniforms.
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NewsMulberry rebuffs Sports Direct Ashley’s boardroom bid
Luxury fashion brand Mulberry has rejected a bid from Mike Ashley to join its board of directors, as the former Frasers chief executive continues to hoover up stakes in various retailers.
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NewsTesco appoints City veteran to replace John Allan as chair
The UK’s largest grocer Tesco has hired Burberry chair Gerry Murphy to replace John Allan, who stepped down from the retailer after allegations of inappropriate behaviour.
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NewsNike hails ‘milestone year’ as revenues jump despite fall in margins
Nike has reported an increase in revenues in the fourth quarter and full year ending May 2023, driven by “investment in innovation and digital leadership” as well as the success of its “top strategic partners”.
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NewsAuthentic Brands Group secures multimillion-dollar funding
Authentic Brands Group, which owns retailers including Reebok, Ted Baker and Hunter, has secured a $500m (£395.6m) primary follow-on investment from its current investor General Atlantic.
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NewsRevolution Beauty hits back at Boohoo as battle for control rages
Revolution Beauty has launched another attack on Boohoo as a daily war of words continues over the control of the beauty specialist.
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NewsWHSmith will not open any more high street stores
WHSmith will not open any more high street stores as it focuses instead on its growing travel arm.
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NewsM&S launches members’ prices for Sparks loyalty scheme
Marks & Spencer has become the latest retailer to offer lower prices to members of its loyalty scheme.
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NewsExclusive: Seasalt appoints two new executives
Cornish fashion retailer Seasalt has announced the appointment of Mel Wilcox as its first chief information officer and Duncan Tennent as the brand’s new director of strategic partnerships, Retail Week can reveal.
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NewsExclusive pictures: How Oxford Street will look after a £100m facelift
Oxford Street’s facelift is set to deliver better pedestrian access and a greener shopping environment, with shovels set to hit the ground on the project by autumn next year, Retail Week can reveal.
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NewsVery Group announces The Gate as lead creative partner
The Very Group has appointed The Gate as its new lead creative partner following a successful pitch.
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NewsPoundland to hire 120 staff ahead of digital expansion
Poundland has started to recruit 120 people for roles at its South Yorkshire distribution centre ahead of its digital expansion in the summer.
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NewsH&M beats profit forecast in good start to summer
H&M has reported stronger-than-expected profits and said its third-quarter sales were off to a good start.
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NewsMoonpig sales climb but profits fall
Moonpig has posted a fall in full-year profits despite an increase in revenue.
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NewsB&M boosts first-quarter sales as shoppers seek value
B&M has grown revenue by 13.5% in the 13 weeks to 24 June, 2023, as shoppers search out value during the cost-of-living crisis.
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NewsAngered Boohoo accuses Revolution Beauty of hiding free share award terms
Boohoo has accused Revolution Beauty of a “lack of transparency” for hiding the terms of its free share awards in its annual report and has set out a list of demands for the beauty brand’s management team.
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NewsJohn Lewis scores retail first as net-zero targets win official endorsement
John Lewis Partnership has become the first British retailer to gain validation for its net zero objectives from official body the Science Based Targets Initiative.
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NewsOcado slashes prices on more than 100 grocery products
Pureplay grocer Ocado has cut the prices on over 100 everyday essential items by up to 25% across a range of own-brand and Marks & Spencer items.
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NewsShopify launches ‘Collabs’ to connect UK brands and creators
Shopify is launching its “Collabs” service in the UK to make it easier for brands and creators to connect and work together.