All News articles – Page 267
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NewsMorrisons’ new owner to sell £500m of grocer’s property portfolio
Morrisons’ new owner Clayton Dubilier & Rice (CD&R) has given the green light to sell off a chunk of the supermarket’s property portfolio.
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NewsMarks & Spencer joins resale market with childrenswear investment
Marks & Spencer has penned a deal with resale platform Dotte that will allow customers to buy and sell second-hand childrenswear.
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NewsLush unveils 24-hour vending machine ‘micro store’
Lush has opened its first fully automated shopping experience in London, following the news that the retailer has returned to profit.
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NewsTed Baker puts itself up for sale following fresh bids
Fashion retailer Ted Baker has launched a formal sales process after receiving unsolicited bids from private equity firm Sycamore Partners and an unnamed third party.
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NewsShein mulls fresh fundraising round at $100bn valuation
Chinese fast fashion operator Shein is mulling a fresh fundraising round that could value the business at close to $100bn (£76.2bn) after shelving IPO plans.
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NewsM&S Marble Arch flagship demolition to be reconsidered by Mayor of London
The Mayor of London will reconsider the decision to approve Marks & Spencer’s planned demolition of its Marble Arch store following a major backlash.
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NewsExclusive: Sainsbury’s axes 300 roles as it steps up ‘save to invest’ programme
Sainsbury’s is axing hundreds of jobs across three store support centres as it ramps up its cost-cutting drive, Retail Week has learned.
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NewsBoots’ sales ‘bounce back’ as beauty and online revenues climb
Boots has recorded a strong uplift in sales across its stores and online operations as boss Seb James says the retailer “continues to bounce back strongly from the pandemic”.
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NewsExclusive: Co-op names ‘co-managing directors’ to cover Jo Whitfield absence
The Co-op is poised to promote two senior executives to ‘co-managing directors’ of its food business to cover boss Jo Whitfield’s career break.
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NewsH&M sales rise despite fresh wave of Covid-19 disruption
H&M has registered rising sales during its first quarter despite “the negative effects of the pandemic” continuing to impact many of its international markets.
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NewsIkea to shutter Tottenham store to focus on smaller London formats
Ikea is set to close its Tottenham superstore as part of its London transformation plan.
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NewsAmazon stops packaging products in single-use plastic bags
Amazon has wiped out all single-use plastic delivery bags across its own UK distribution network as it ramps up its sustainability drive.
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NewsDecathlon suspends operations in Russia after calls for boycott
French sporting giant Decathlon has backtracked on its decision to remain open in Russia, citing difficulty around “supply conditions” as the reason behind the move.
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NewsSuperdrug unveils plans for beauty and wellness online marketplace
Superdrug has revealed its plans to launch Superdrug Marketplace, an online platform that will feature hundreds of premium and emerging brands.
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NewsVery names new chief operating officer in executive team shuffle
The Very Group has revealed changes to its executive team, including the promotion of current operations director Sean Hallows to the role of chief operations officer.
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NewsIceland brings back palm oil as Ukraine war sends food prices higher
Frozen food specialist Iceland is reluctantly using palm oil again in some own-brand products as the Ukraine war has sent the price of the alternative, sunflower oil, rocketing.
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NewsWHSmith launches Deliveroo trial in latest on-demand partnership
WHSmith is the latest retailer to partner with Deliveroo on a super-fast delivery trial.
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NewsAsda sales and profits rise as Covid-19 costs unwind
Asda has posted a jump in profits in its first year under the Issa brothers’ ownership as one-off costs related to the coronavirus crisis abated.
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NewsCurrys quits London HQ in favour of WeWork flexible office space
Currys is set to exit its west London headquarters after signing a deal with flexible office space group WeWork that will allow staff to work from 50 locations across the country.
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NewsRetailers urged to tackle ‘terrible issue’ of harassment through new certification
The Retail Trust and law firm Foot Anstey have joined forces to create safer working conditions for shopfloor staff.