All News articles – Page 287
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NewsJD Sports snaps up Greek retailer Cosmos
JD Sports has acquired a controlling stake in Greek retailer Cosmos as it presses ahead with its international expansion drive.
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NewsAsda extends loyalty app trial to customers
Asda has extended the trial of its ‘pounds not points’ loyalty app to customers at 16 of its stores after a successful pilot of the programme with staff.
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NewsPayPal bid for Pinterest could create new ecommerce powerhouse
PayPal has made a bid for social media giant Pinterest, sparking rumours of a new force in ecommerce.
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NewsHammerson to end rent support for retailers as footfall returns
Shopping centre operator Hammerson has said it will focus on collecting rent arrears from tenants now that footfall has picked up.
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NewsDeliveroo sales soar despite hospitality reopening
Deliveroo reported a surge in orders across the UK and Ireland, and a doubling of Plus members through its Amazon Prime tie-up, despite the reopening of hospitality.
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NewsAmazon, Ikea and Inditex commit to zero-carbon shipping by 2040
A group of nine major international companies has pledged to use only zero-emission ships to transport goods by 2040 in a fresh attempt to decarbonise ocean shipping.
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NewsBurberry poaches new chief executive from Versace
Burberry has named Versace boss Jonathan Akeroyd as its new chief executive to replace the outgoing Marco Gobbetti.
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NewsMarks & Spencer reveals boom in contactless payments ahead of Tech Week
Marks & Spencer has revealed that contactless payments have surged across its store portfolio since the onset of the coronavirus pandemic.
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NewsMorrisons shareholders rubber-stamp £7bn CD&R takeover
Morrisons shareholders have rubber-stamped the £7bn takeover of the grocer by Clayton, Dubilier & Rice (CD&R) nearly four months after private equity interest in the retailer first emerged.
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NewsVery Group profits soar as revenues jump to record levels
The Very Group reported surging profits and a record year for sales during the pandemic as the retailer ramps up for a “particularly strong” Christmas.
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NewsMissguided recruits Holland & Barrett digital boss
Former Holland & Barrett chief digital officer Nick Thomas has moved to the same role at fast fashion brand Missguided, Retail Week can reveal.
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NewsMatalan sales improve despite supply chain issues
Matalan has reported improved sales despite the retailer admitting it was “feeling the impact” of the ongoing supply chain issues.
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NewsAsda, M&S and Boots target tens of thousands of workers amidst UK labour crisis
Asda, Marks & Spencer and Boots have become the latest retailers to set out temporary worker targets for the festive period with all looking to hire thousands of workers despite the UK labour shortage.
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NewsAsda’s £750m deal to sell forecourts business to EG Group terminated
The Issa brothers have pulled EG Group’s planned acquisition of Asda’s petrol forecourts business.
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NewsSelfridges’ owners in talks with Qatar about potential £4bn sale
Selfridges’ owners the Weston family are reportedly in talks with Qatar about a potential takeover of the iconic department store chain.
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NewsTHG boss Matt Moulding to ditch golden share in bid to restore City confidence
THG boss Matt Moulding will dispose of his golden share in the business he co-founded and apply to move onto the main market of the London Stock Exchange next year.
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NewsDreams turnaround mastermind Mike Logue stands down
Dreams chief executive Mike Logue, who won admiration for leading the turnaround of the specialist beds retailer, is to stand down.
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NewsBoots' sales climb driven by post-lockdown online surge
Boots recorded an increase in sales in its fourth quarter as lockdown restrictions eased and demand for pharmacy services rose.
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News£100 contactless payment limit rolls out across UK
The spending limit on contactless payments has been increased to £100 from today, though some retailers have warned it could take months to update terminals.
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NewsGovernment to roll back foreign driver rules to ease supply chain pressures
The government is planning to relax rules on the number of deliveries foreign drivers can make in the UK in a bid to ease ongoing supply chain issues.