All News articles – Page 228
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NewsDeliveroo profits break even despite dwindling order volume
Deliveroo has taken a step towards profitability, having broken even on EBITDA, despite dwindling order numbers across its UK and international businesses.
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NewsDunelm upgrades profit outlook as sales skyrocket
Dunelm has upgraded its profit forecast after a strong performance over Christmas saw sales skyrocket.
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NewsBoohoo blames strong comparatives and long lead times for sales slump
Pureplay fashion giant Boohoo has blamed strong year-on-year comparatives and extended international delivery times for a slump in sales.
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NewsFarfetch announces key leadership changes with new executives
Online luxury fashion retail platform Farfetch has made key changes to its leadership team with new executives joining the business.
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NewsGymshark poaches former Lacoste executive as first supply chain boss
Gymshark has announced that Laurent Madelaine will join the brand as its first-ever chief supply chain officer.
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NewsInflation dips in December but UK households still feel squeeze
UK inflation dipped in December but remains at one of the highest levels since records began as the cost-of-living crisis continues.
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NewsBurberry pins sales slowdown on Covid disruption in China
Burberry has reported a slow growth in sales over Christmas as a result of Covid-related disruption in China.
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NewsCMA launches inquiry into £600m Asda forecourt c-stores deal
The Competition and Markets Authority (CMA) has launched an inquiry into Asda’s proposed £600m acquisition of 129 Co-op forecourt convenience stores.
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NewsAldi increases base rate of pay for warehouse workers
Discounter Aldi has raised the base rate of pay for its warehouse workers by 20%, following on from an increase for store staff earlier in the month.
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NewsWHSmith in ‘strongest ever position’ as international travel opens up
WHSmith is in its “strongest ever position as a global travel retailer” after travel revenues across its UK and international travel businesses soared.
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NewsCurrys confident UK performance will offset decline in international arm
Currys’ revenues fell over the festive period, although the retailer’s UK and Ireland business delivered better-than-forecast results to offset issues internationally.
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NewsExclusive: Kingfisher tech chief to leave as ‘next phase of digital journey’ begins
Kingfisher chief digital and technology officer JJ Van Oosten is leaving the DIY giant, Retail Week can reveal.
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NewsIceland MD Richard Walker takes over as executive chair
Iceland managing director Richard Walker has been named as the new executive chair of the retailer, taking over from his father Sir Malcolm Walker.
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NewsHammerson proposes workplaces over retail at former John Lewis Grand Central store
Hammerson has submitted plans to repurpose a former John Lewis department store in Birmingham’s Grand Central shopping centre into “modern wellbeing-designed offices”.
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NewsBurberry strengthens leadership with new executives
Giorgio Belloli and Delphine Sonder have been appointed to Burberry’s newly created roles of chief digital, customer and innovation officer and chief merchandising officer, respectively, with immediate effect.
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NewsSephora returns to the UK with new London flagship store
Sephora has announced its return to the UK and the opening of its London flagship store years after its British store closures in 2005 as it combines the use of “human touch and technology” for UK shoppers.
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NewsJollyes delivers 'all-time high' Christmas as shoppers pamper pets
Pets retailer Jollyes posted record Christmas sales across stores and online as a result of increased demand from shoppers pampering their animals despite financial pressures.
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NewsNaked Wines increases profit guidance following ‘solid festive trading’
Naked Wines has increased its full-year adjusted EBIT after a solid trading period in the quarter ending December 26.
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NewsThe Edit LDN secures multimillion-dollar funding for international launch
Global trainer marketplace The Edit LDN has secured a $4.8m (£3.9m) seed round led by Regah Ventures as it accelerates growth in the US and MENA.
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NewsQuiz sales rise as shoppers snap up occasionwear
Fashion retailer Quiz has reported a strong sales increase over Christmas when consumers bought party gear as they celebrated a festive period free of pandemic restrictions.