All News articles – Page 2
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NewsNext upgrades profit guidance as sales soar
Next has again upgraded its full-year profit guidance, after soaring sales outstripped predictions for the third quarter.
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NewsAI search to have big Black Friday impact as retailers rush to capture spend
AI-enabled search will have a bigger impact on customer product discovery and spend this Black Friday, as retailers battle to capture promotional spend due to the potential impact of the Budget.
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NewsAmazon confirms mass corporate job cuts
Amazon has confirmed it will axe thousands of jobs across its global corporate workforce.
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NewsFenwick slashes losses as focus on sales and margin builds momentum
Department store group Fenwick has delivered a significant improvement in financial performance, Retail Week can reveal.
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NewsRetail bodies say over 100,000 jobs at risk if chancellor hikes business rates
Over 100,000 jobs could be at risk if chancellor Rachel Reeves imposes higher business rates, the British Retail Consortium and UK Hospitality have said.
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NewsMorrisons to transform hundreds of corner shops into convenience stores
Morrisons is planning to change hundreds of corner shops into its own branded convenience shops across England.
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NewsShop price inflation falls for start of golden quarter
Shop price inflation decreased year on year in the first week of October, providing relief for retailers heading into Halloween and the rest of the golden quarter.
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NewsOka losses narrow as premium homewares market proves ‘resilient’
Luxury homewares brand Oka has reported flat sales and narrowing losses for the year, with its chief executive highlighting the “resilience” of the premium end of the home market.
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NewsAroma Zone unveils details of first UK store
Aroma Zone will open its first UK store in Westfield London, Retail Week can reveal.
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NewsNew Weird Fish owner plots acquisition spree
The new owner of womenswear retailer Weird Fish is plotting a spending spree as it looks to build a portfolio of leading lifestyle and fashion brands.
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NewsNew Look rolls out loyalty programme nationwide
New Look has launched a nationwide loyalty programme as the fashion retailer aims to deliver a more personalised and data-led customer experience.
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NewsMarks & Spencer axes tech contract
Marks & Spencer has ended a contract with a big technology services provider, just months after a devastating cyber attack.
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NewsGrocery giants make rates plea to chancellor in bid to tame inflation
Leading grocers have written to chancellor Rachel Reeves, setting out the case for excluding shops from the planned business rates surtax.
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NewsAsos to kick off party season with London pop-up
Asos is celebrating the upcoming party season with a week-long pop-up on London’s Carnaby Street.
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NewsWestfield acquires stake in Edinburgh shopping centre
Westfield owner Unibail-Rodamco-Westfield (URW) has acquired a 25% stake in St James Quarter in Edinburgh.
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NewsTesco becomes first retailer to roll out bodycams for delivery drivers
Tesco will roll out body-worn cameras to over 5,000 delivery drivers across 100 stores by the end of the year.
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NewsVery Group delivers record earnings after ‘year of real progress’
The Very Group has hailed “a year of real progress” after it posted its highest EBITDA margin recorded in the online group’s 22-year history.
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NewsAllSaints profits rocket despite sales dip
AllSaints profits surged in its most recent financial year, despite a dip in sales, as the fashion retailer benefited from margin improvement initiatives.
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NewsMarks & Spencer turns to Sky to appoint customer director
Marks & Spencer has appointed a customer director who joins from broadcaster Sky as it seeks to further enhance shoppers’ experience, Retail Week can reveal.
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NewsRetailers enjoyed autumnal sales boost, according to latest ONS figures
Retail sales crept up in September as back-to-school shopping and a seasonal change drove spending and volume growth.