All News articles – Page 280
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NewsRetailers pulling all the levers to avoid Christmas staffing chaos
Retailers across different categories are working overtime to deal with increasing absenteeism and a repeat of the chaotic ‘pingdemic’ scenes of the summer as the new Covid-19 variant surges across the UK.
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NewsCurrys boss Baldock: No justification for more Covid trading restrictions on retail
Currys chief executive Alex Baldock believes there are almost no circumstances in which further trading restrictions should be imposed on retailers as the latest Covid variant takes hold.
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NewsH&M and Inditex register soaring sales as fashion rebounds
Fashion giants H&M and Inditex have both hailed their sales recovery following lockdowns in the lead up to the festive season.
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NewsIn The Style earnings fall amid ‘higher than anticipated’ return rates
In The Style has suffered a fall in half-year profits after being hit by supply chain challenges and “higher than anticipated” return rates.
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NewsCurrys profits rise despite supply chain disruption
Currys has reported an uplift in profits during its first half and insisted it will “ride out” ongoing supply chain challenges and “bumpy demand” heading into 2022.
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NewsTesco agrees pay deal with Usdaw to avert pre-Christmas strike
Tesco has struck a pay deal with trade union Usdaw to fend off a strike by workers at nine of its distribution centres.
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NewsPoundland owner Pepco’s profits soar as new store openings boost sales
Pepco has recorded strong growth in profits despite “a challenging Covid-affected trading environment”.
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NewsJoules warns on profits due to supply chain troubles and Omicron
Joules recorded soaring sales across all its channels but has warned of supply chain issues in the coming weeks and months, which threaten Christmas season success.
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NewsNike makes further metaverse moves with digital fashion house acquisition
Nike is set to acquire virtual fashion and non-fungible token (NFT) platform RTFKT for an undisclosed sum.
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NewsOcado predicts ‘best ever Christmas’ as it wins patent trial
Ocado has reported “strong momentum” in the lead-up to the festive period.
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NewsRetailers pile pressure on Visa and Mastercard fees in legal battle
A group of retail brands including Superdry and AllSaints are seeking compensation from Visa and Mastercard over historic transaction fees.
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NewsJD Sports set to concede defeat in Footasylum takeover battle
JD Sports is on the cusp of relinquishing ownership of Footasylum following a protracted battle with the Competition Markets Authority (CMA) regarding the takeover.
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NewsExclusive: Majestic Wine quits Calais as Brexit booze rules hammer sales
Majestic Wine is calling time on its business in Calais after Brexit regulations decimated the traditional ‘booze cruise’.
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NewsPrimark predicts sales gains despite supply chain and Covid disruption
Primark owner Associated British Foods expects sales at the retailer to rise in the coming months despite the reintroduction of coronavirus restrictions in Europe and supply chain challenges.
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NewsHolland & Barrett snaps up at-home beauty business Blow
Health and wellness retailer Holland & Barrett has snapped up at-home beauty services business Blow Ltd for an undisclosed sum.
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NewsDr Martens profits soar after record 6 million pairs sold
Dr Martens has reported mounting profits as it looks forward to a stellar festive season.
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NewsFrasers profits soar but group warns of Covid and supply chain headwinds
Frasers Group has reported strong revenue rises across its portfolio, but remains “cautious” of the impacts of macroeconomic factors such as a potential lockdown over Christmas.
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NewsMoonpig revenues and profits slide against lockdown comparables
Moonpig has posted a dip in revenues and sales as customer spend dropped in line with easing restrictions.
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NewsPlan B delivers another blow to shops as workers told to stay at home
The government’s ‘Plan B’ Covid-19 measures will hit footfall for many retailers as commuters will now be encouraged to work from home.
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NewsTesco reaches agreement with Unite but Usdaw Christmas strike talks ongoing
Tesco has reached an agreement on pay with staff at four distribution centres, averting strike action and reducing the possibility of empty shelves before Christmas.