All News articles – Page 250
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NewsFelixstowe port strike could signal Christmas disruption as £700m of trade hit
An eight-day strike at the port of Felixstowe has begun and could lead to months of disruption, with retailers including John Lewis, Asda, M&S and Tesco set to be directly impacted.
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NewsAmazon pulls back on UK grocery store expansion ambitions
Amazon has paused the rollout of its checkout-free store grocery format in the UK following disappointing sales.
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NewsRevolution Beauty warns of stock trading suspension amid audit turmoil
Revolution Beauty has warned that its shares could be suspended from the start of next month due to delays in the audit of its full-year financial results.
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NewsMarks & Spencer details Oxford Street redevelopment plans as inquiry date set
Marks & Spencer has elaborated on the public realm and sustainability benefits of the proposed redevelopment of its flagship Oxford Street store ahead of an inquiry into the proposals.
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NewsJoules issues profit warning as hot weather scorches sales
Joules has issued a profit warning for its full year after unseasonably hot weather hit full-price sales.
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NewsFrasers appoints new joint CEO for Missguided and I Saw It First
Frasers Group has named Greg Pateras as the boss of its newly acquired fashion brands Missguided and I Saw It First.
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NewsSelfridges’ new owners unveil omnichannel ambitions as £4bn deal completes
The new owners of Selfridges intend to create “the world’s leading luxury omnichannel platform” following the completion of the takeover, understood to be valued at £4bn.
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NewsFrasers Group makes cash offer for MySale as it eyes international expansion
Frasers Group has made an offer for Australian flash Sales website MySale as the retail group seeks to further bolster its roster of recent acquisitions.
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NewsAO swings into the red as sales fall and it braces for further ‘volatility’
AO has reported a full-year loss in its delayed results as boss John Roberts says the etailer fights “through one of the most challenging operating environments we’ve weathered as a company”.
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NewsBoohoo makes major investment in Revolution Beauty
Boohoo has made a “strategic investment” in Revolution Beauty as part of a beauty push.
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NewsMathew Dunn set to exit as Asos restructures top team
Asos chief financial officer and chief operating officer Mathew Dunn has agreed to a “phased” exit from the business over the coming months.
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NewsAsda rolls out Rewards loyalty scheme nationwide
Asda is launching its loyalty scheme across the country after successful trials.
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NewsFood price inflation hits record levels as shoppers trade down to own brand
Food prices have hit a new record high, forcing shoppers to turn to own-label products in a bid to save cash.
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NewsAldi increases pay for warehouse workers for second time this year
Aldi has upped its pay rates for warehouse workers for the second time this year and boosted premium payments for night shift staff.
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NewsWatches of Switzerland sales surge as luxury demand ‘remains robust’
Watches of Switzerland has posted a spike in sales and unveiled plans for a new London flagship as demand for its luxury products “remains robust”.
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NewsTed Baker accepts fresh £211m takeover bid from Authentic Brands
Ted Baker has accepted a £211m takeover bid from Reebok owner Authentic Brands, ending months of speculation about its future.
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NewsFlannels and Sports Direct secure Next Beauty & Home store for new flagship
Frasers Group has swooped on the Next Beauty & Home store in the Metrocentre in Gateshead as the site for a new two-in-one North East flagship.
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NewsZalando cuts marketing spend rather than jobs
Online fashion giant Zalando is scaling back marketing in preference to cutting jobs amid challenging conditions.
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NewsHarrods takes tough line on strike threat
Department store Harrods may take advantage of new legislation and draft in agency workers in the face of strike action.
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NewsEx-Kingfisher and John Lewis director named new chief executive of Joules
Fashion retailer Joules has appointed Jonathon Brown as chief executive, succeeding Nick Jones.