All News articles – Page 270
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NewsBoohoo sales rise as international business returns to growth
Boohoo has reported an uptick in sales, just days after Sir Brian Leveson made his final report to the board concerning the retailer’s supply chain overhaul.
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NewsJohn Lewis restores staff bonus and ups pay as turnaround strategy gathers pace
John Lewis has reinstated its staff bonus package after the business delivered rising sales and profits this year.
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NewsExclusive: B&Q launches online marketplace to create ‘one-stop shop for your home’
B&Q has launched an ecommerce marketplace as part of ambitious plans to expand its online range to more than 1 million home, DIY and garden products.
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NewsCost of living to climb again as more sanctions imposed on Russia
Cuts to imports of Russian oil and gas by Western countries in protest against the invasion of Ukraine will put further pressure on consumer finances.
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NewsGreggs boss Whiteside refuses to rule out price rises as inflation deepens
Greggs boss Roger Whiteside has said it would be “irresponsible” to rule out further price rises on products and warned inflation could hit 6% or 7% this year as ingredients and energy prices skyrocket.
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NewsD2C butcher Farmison eyes growth as investor snaps up stake
Online butcher Farmison & Co intends to accelerate growth after investor Inverleith acquired a majority stake in the business.
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NewsExclusive: M&S makes strategic investment in activewear platform The Sports Edit
Marks & Spencer has bought into activewear platform The Sports Edit as it builds its digital operations and strengthens its presence in the fast-growing category.
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NewsUniqlo defends decision to remain open in Russia
The parent company of Japanese fashion brand Uniqlo has vowed to continue its operations in Russia as a wave of other companies temporarily suspend sales and shut stores.
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NewsGreggs ‘stronger and better’ as profits and sales climb
Food-on-the-go specialist Greggs has recorded an increase in both sales and profits in its full-year results as easing of restrictions increased demand.
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NewsMade.com losses widen amid ongoing supply chain challenges
Made.com’s losses widened as the furniture retailer reported in its full-year results that it was “adversely affected by industry-wide global freight inflation and supply chain disruption”.
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NewsWalmart partners with Space NK to launch luxury beauty collection
Walmart has teamed up with British beauty retailer Space NK to launch a luxury beauty collaboration.
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NewsJohn Lewis chair Dame Sharon White: ‘Making a profit is a passport to doing good’
John Lewis Partnership boss Dame Sharon White has doubled down on comments that businesses should not let social and environmental goals distract them from making profits.
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NewsInditex, Burberry and Harrods cut ties with Russia
Zara owner Inditex has shut up shop in Russia, closing more than 500 stores and pausing online trading in the country.
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NewsAmazon launches first ‘sustainable’ own-brand range
Amazon has launched an own-label range across several categories entirely comprising “consciously created” products certified to meet sustainability criteria.
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NewsIkea closes Russia stores and halts sourcing from Belarus
Ikea has closed its stores in Russia and parent company Ingka Group has paused all imports and exports in and out of the country and Belarus in response to Russia’s invasion of Ukraine.
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NewsH&M and Boohoo suspend sales in Russia
H&M and Boohoo are the latest fashion retailers to stop sales in Russia and Ukraine following the invasion.
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NewsUK grocers join forces to roll out refill stations in sustainability push
UK grocers Waitrose, Ocado, Morrisons and Marks & Spencer have formed a partnership committing to the roll-out of refill stations across their store estates.
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NewsAmazon shutters all bookshops and 4-star stores
Amazon has announced it will close 68 physical bookshops and 4-star stores across the UK and US in order to focus on its grocery and department store concepts.
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NewsAsos suspends business with Russia following Ukraine invasion
Online fashion giant Asos has suspended sales to Russia in the wake of outrage over the invasion of Ukraine.
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NewsHolland & Barrett Russian oligarch backers stand down from investor board following sanctions
Holland & Barrett has insisted its operations will not be impacted by sanctions placed on its Russian oligarch backers, who have now stepped down from its owner’s board.