All News articles – Page 277
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NewsHalfords and Poundland post golden-quarter growth
Halfords and Pepco, which owns Poundland, have both reported quarterly sales growth despite ongoing challenges presented by the pandemic.
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NewsAsos festive sales increase despite ‘challenging’ market conditions
Asos has posted an uplift in Christmas sales across the UK and US, but interim boss Mat Dunn flagged that supply chain issues drove “heightened clearance activity” over the festive period.
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NewsTesco upgrades profit guidance as festive sales rise
Tesco has reported an uplift in sales over the Christmas period as its share of customer grocery spend online and in store hit a four-year high.
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NewsM&S Christmas sales climb amid ‘robust’ clothing and home demand
Marks & Spencer boss Steve Rowe has hailed a “strong” uplift in Christmas sales across all divisions as the retailer’s clothing and home sales increased for the second successive quarter.
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NewsDunelm and DFS sales rise as consumers revamp homes for Christmas
Both Dunelm and DFS have recorded strong results in the lead-up to Christmas as the homewares boom shows no signs of slowing down.
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NewsSainsbury’s serves up bumper Christmas, making market share gains
Sainsbury’s has raised its full-year profit guidance after delivering strong Christmas results and growing its market share.
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NewsJD Sports raises profit guidance following ‘robust’ Christmas
JD Sports has upped its full-year profit guidance after a strong Christmas trading period.
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NewsPrivate equity firms Bain Capital and CVC set to team up for Boots bid
Two of the world’s largest buyout firms Bain Capital and CVC have reportedly joined forces to launch a joint takeover bid for Boots.
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NewsLidl claims to be ‘fastest-growing bricks-and-mortar retailer’ as sales rise
Value grocer Lidl has unveiled a strong Christmas sales rise and laid claim to being “the fastest-growing bricks-and-mortar retailer”.
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NewsVery Group posts strong Christmas sales and names new chair
Pureplay retailer The Very Group has reported a steep rise in Christmas sales and appointed a former Walmart director as chair.
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NewsData: Christmas sales uptick brings retail relief heading into uncertain 2022
UK retail enjoyed a hugely successful Christmas sales period in December, giving the sector a much-needed boost heading into a new year still clouded by uncertainty.
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NewsIkea cuts sick pay for self-isolating unvaccinated employees
Ikea has chosen to only award statutory sick pay to unvaccinated employees who have to self-isolate due to having close contact with someone infected with Covid-19.
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NewsWilko to axe 15 stores putting hundreds of jobs at risk
Home and garden retailer Wilko is to close 15 stores across the UK in the next year, threatening more than 300 jobs.
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NewsThe Hut Group hands over City ‘conspiracy’ dossier to financial watchdog
The Hut Group has handed over a dossier of data to the City watchdog chief executive Matt Moulding hopes will prove stockbrokers colluded to drive down its share price.
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NewsAldi hails ‘best Christmas ever’ after growing sales in December
Discounter Aldi has hailed its “best Christmas ever”, luring half a million Big Four customers across and being the only supermarket to grow sales during December.
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NewsSainsbury’s bumps staff pay to £10 an hour in £100m investment
Grocery giant Sainsbury’s has increased rates of basic hourly pay for store staff to £10 an hour minimum and pledged pay rises for drivers as part of a £100m investment.
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NewsWest End retail revival threatened by ‘longest ever’ Tube strike
A six-month series of weekend Tube strikes threaten the recovery of London’s West End.
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NewsGousto wins new investment valuing it at almost $2bn
Recipe box specialist Gousto has raised $150m (£111m) to finance expansion in the developing direct-to-consumer market.
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NewsBoots sales strengthen as Walgreens Boots Alliance raises guidance
Boots recorded an increase in first-quarter sales as parent company Walgreens Boots Alliance (WBA) raised its full-year profit expectations.
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NewsB&M’s expected profits jump off back of ‘very strong golden quarter’
B&M has upped its adjusted EBITDA range for the full year off the back of what boss Simon Arora called “a very strong golden quarter” trading period.