All News articles – Page 269
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NewsP&O sackings raise further food supply chain concerns
Reduced ferry freight capacity resulting from P&O’s sacking of 800 staff yesterday could have a serious knock-on effect on the food supply chain in the coming days, industry chiefs have warned.
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NewsPrivate equity firm Sycamore eyes Ted Baker takeover
US-based private equity firm Sycamore Partners has confirmed it is in the “early stages of considering” a bid for embattled fashion retailer Ted Baker.
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NewsTM Lewin tumbles into administration as homeworking takes toll
Menswear retailer TM Lewin has tumbled into administration for a second time since the pandemic began, blaming working from home for lack of demand.
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NewsHomebase teams up with Tesco to launch shop-in-shop concept
Homebase has formed a partnership with Tesco to add its DIY products to the supermarket.
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NewsOcado sales fall following end of Covid restrictions
Ocado has attributed a decrease in revenues to a “softening market” as restrictions eased and more customers returned to offices.
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NewsDeliveroo losses widen despite soaring revenues
Deliveroo reported that losses had widened in its full-year results, with the delivery app vowing to break even in around two years’ time.
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NewsFashion giant Inditex warns of price rises as inflation hits
Zara owner Inditex has introduced price rises across its different brands in line with cost inflation.
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NewsClarks appoints new chief executive as it ‘looks forward to new phase’
Footwear specialist Clarks has named Jonathan Ram as chief executive as it seeks to rekindle success.
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NewsZara owner Inditex posts sales and profits surge
Inditex, owner of businesses including Zara, has reported rocketing annual sales and profits.
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NewsRetail Week Live 2022: Richard Walker, Jo Whitfield and Mike Coupe join line-up
Iceland boss Richard Walker, Co-op Food chief executive Jo Whitfield and former Sainsbury’s supremo Mike Coupe have joined the jam-packed line-up for Retail Week Live 2022.
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NewsCurrys raises staff pay as cost of living climbs dramatically
Electricals giant Currys has increased its hourly pay to a minimum of £10.
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NewsVirgin Wines counts cost of new customer acquisitions as profits fall
Virgin Wines has reported a slight decline in both profits and sales as it invests in new customers and its subscription business.
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NewsDFS sales and profits drop against lockdown boom
DFS has reported a decline in sales and profits compared with strong comparables during the lockdown period last year.
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NewsOcado extends Auchan Retail partnership and expands into Poland
Ocado has signed a deal with Auchan Retail to expand its grocery solutions into Poland.
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NewsMarks & Spencer to open Early Learning Centre outlets in stores
M&S will add Early Learning Centre concessions to a handful of stores at the end of this month in a bid to bolster its appeal to family shoppers.
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NewsM&S and Asos back employment pledge for Ukrainian refugees
A consortium of British businesses is in talks with the government to offer employment and accommodation to refugees fleeing Ukraine.
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NewsTesco launches exclusive frozen range with Italian restaurant chain Zizzi
Tesco has launched an exclusive at-home dining range with Italian restaurant chain Zizzi.
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NewsMorrisons finance boss Gleeson departs following takeover
Morrisons chief financial officer Michael Gleeson is stepping down from the business following its takeover by US private equity firm Clayton, Dubilier & Rice (CD&R).
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NewsLush stores remain open in Russia as Uniqlo U-turns and suspends operations
Lush stores will continue to operate under a longstanding franchise partner with a Russian licensee, despite the ethical retailer halting supplies and online sales in the country.
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NewsM&S boss Rowe steps down as Machin and Bickerstaffe take reins
Marks & Spencer chief executive Steve Rowe is stepping down from the business after six years and will be replaced in the top job by food boss Stuart Machin.