All News articles – Page 252
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NewsScS bumps up profit expectations as like-for-like orders grow
Furniture giant ScS has announced that full-year profits will be ahead of expectation as like-for-like orders grew during the period.
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NewsRetail calls on Truss and Sunak to address business rates failings
The British Retail Consortium has written to both Conservative leadership contenders to outline the sector’s concerns ahead of the ballot result on September 5.
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NewsCo-op pens fresh Deliveroo deal to offer home delivery from 110 more shops
The Co-op has extended its partnership with Deliveroo for a further three years amid plans to roll out the service to 110 additional stores across the UK.
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NewsJust Eat narrows losses but order numbers fall as lockdown boom unwinds
Online food delivery marketplace Just Eat has narrowed losses despite a sharp drop in order numbers as the world exited the pandemic.
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NewsBeaverbrooks profits and sales surge despite Covid closures
Beaverbrooks has posted surging profits and sales despite the impact of store closures during the coronavirus crisis.
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NewsGreggs names ex-Tesco UK boss Davies chair as profits inch up
Greggs has appointed former Tesco UK boss Matt Davies as its new chair, as it recorded an uptick in profit and sales.
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NewsJD Sports looks overseas to appoint new chief executive
JD Sports has appointed Régis Schultz as its incoming chief executive
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NewsTikTok enters grocery sector with fresh food offer
TikTok has launched a fresh food offer on its shopping platform
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NewsSunak pledges to ‘save the high street’ with revitalisation plan
Prime ministerial contender Rishi Sunak has unveiled a plan to “save the high street”, as he battles for the Conservative leadership.
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NewsJD Sports sells Footasylum to investment group
JD Sports has offloaded its Footasylum business to German investment group Aurelius.
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NewsWaitrose removes best-before dates on 500 products to tackle food waste
Waitrose will remove the best-before dates on 500 fruit, salad and vegetable products in a bid to help customers reduce food waste.
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NewsAsda, Asos and Boohoo face CMA probe into ‘green’ claims
The Competition and Markets Authority (CMA) is to investigate the sustainability credentials of online fashion specialists Asos and Boohoo, along with Asda’s George clothing division.
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NewsShop vacancies fall for third quarter in a row
The national store vacancy rate has improved for the third quarter in a row but is still above the pre-pandemic level.
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NewsAmazon posts loss as ecommerce comes under pressure
Amazon has reported a second consecutive quarterly loss, but sales beat expectations despite its online retail business declining.
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NewsPrimark freezes essential kidswear prices to help with rising cost of living
Primark has pledged to freeze the prices of more than a thousand items in its children’s clothing range
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NewsHotel Chocolat’s Japan venture reaches melting point
Hotel Chocolat’s Japanese joint venture has entered into “civil rehabilitation”.
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NewsM&S prepares for battle with heritage groups over Marble Arch redevelopment
A group of campaigners has launched crowd-funding to argue against M&S’ Marble Arch redevelopment plans.
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NewsFrasers adds I Saw It First to fast fashion roster
Frasers Group has acquired fast fashion brand I Saw It First.
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NewsMusic Magpie is ‘recession-resistant’, says boss Steve Oliver
Music Magpie founder and chief executive Steve Oliver believes the business is well suited to weather the current economic storm.
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NewsShopify lays off one in 10 employees as bet on post-pandemic growth backfires
Canadian ecommerce firm Shopify is set to lay off approximately 1,000 employees after founder and CEO Tobi Lütke said the business made the ‘wrong’ bet on the long-term growth of online retail post-pandemic.