All News articles – Page 245
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NewsCurrys boosts staff pay for third time in a year
Currys has hiked its staff pay for the third time in the space of just 13 months.
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NewsJD Sports and Nike launch connected loyalty programme
JD Sports has extended its ties with Nike as the first European retail partner for its Connected Partnership loyalty programme.
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NewsJoules says turnaround 'progressing well' amid CVA rumours
Joules has responded to rumours of a potential company voluntary arrangement (CVA) as it continues its turnaround strategy.
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NewsMade.com losses widen as it looks for a buyer
Made.com has reported deepening losses following the decision to put itself up for sale.
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NewsMorrisons’ Trevor Strain in frame for top M&S role
Morrisons’ departing chief operating officer Trevor Strain is a leading contender to take on an executive role at Marks & Spencer, Retail Week has learned.
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NewsCo-op profits drop in ‘highly challenging’ market
The Co-op has suffered a decline in profitability as it battles to cut costs and shore up its balance sheet.
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NewsH&M blames closure of Russian business for 'significantly' affecting sales and profits
H&M has blamed the pause and eventual winding-down of its Russian business for a significant drop in revenues and profits.
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NewsNext downgrades profit guidance as Wolfson prepares for long-term instability
Next has revised down its full-year profit and sales guidance despite a better-than-expected first half as Lord Wolfson prepares the business for an extended period of financial uncertainty.
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NewsMorrisons profits plummet as ‘unprecedented’ inflation hits food manufacturing
Morrisons profits more than halved as the grocer bemoaned “unprecedented inflationary pressures” on its vertically-integrated food manufacturing.
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NewsIkea and Tesco join forces on car park collection points
Ikea has partnered with Tesco to launch click-and-collect points in the grocer’s car parks.
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NewsBoohoo warns of further sales declines as profits crash
Boohoo has warned it is likely to suffer further revenue erosion during the crucial golden quarter after its first-half profits tumbled.
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NewsShop prices hit new records as retail calls for business rates freeze
Shop prices hit record highs in September as retailers looked ahead to the next business rates revaluation with trepidation.
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NewsJohn Lewis unveils initiatives to ‘help customers spread Christmas costs’
Department store business John Lewis has detailed plans to enable customers to “manage Christmas costs as they suffer from the high cost of living”.
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NewsGymshark raids Asos for new chief financial officer Dunn
Gymshark has continued its recent run of new senior management additions by poaching Asos finance boss Mat Dunn.
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NewsMorrisons chief operating officer Trevor Strain steps down
Morrisons chief operating officer Trevor Strain has today informed the grocer’s board that he wishes to leave the business.
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NewsJD Sports fined £1.4m over Rangers FC price-fixing controversy
The Competition and Markets Authority (CMA) has fined JD Sports after it admitted to fixing the prices of Rangers FC merchandise.
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NewsCard Factory swings back to black as consumers return to high street
Card Factory has noted a “shift of customer spend back towards the high street and reversal of lockdown effects”.
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NewsAmazon unveils new Prime Sales event to help customers ‘spread seasonal spending’
Amazon has today announced the launch of a new two-day shopping Sale, Prime Early Access, in mid October, designed to help customers “spread out their seasonal spending”.
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NewsMatalan names Nigel Oddy as interim chief executive as it searches for buyer
Matalan has appointed retail veteran Nigel Oddy as chief executive on an interim basis, while founder and chair John Hargreaves is to step down.
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NewsRiver Island invests in stores as it returns to profit
River Island swung back into the black in 2021, beating pre-pandemic figures.