All News articles – Page 299
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NewsPingdemic hits fashion as stores forced to close
Fashion retailers are being forced to close shops and the opening of a new department store has been delayed as the ‘pingdemic’ forces workers to isolate.
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NewsSupermarkets struggle to stock shelves amid Covid app ‘pingdemic’
Supermarkets including Tesco, Waitrose and Iceland have all been hit with staff availability issues as the ‘pingdemic’ forces workers to isolate.
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NewsTheo Paphitis’ Ryman appoints new boss to ramp up digital prowess
Stationery and office supplies retailer Ryman has hired former Staples executive Peter Birks as its new chief executive.
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NewsUK calls for EU to change stance and end Northern Ireland border disruption
The UK has launched an attempt to substantially rewrite the Northern Ireland protocol, as the Brexit minister said “we cannot go on as we are”.
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NewsPrivate equity battle for Morrisons set to intensify as CD&R mulls offer
The battle between private equity firms to take over grocery giant Morrisons is set to intensify, with reports that Clayton, Dubilier & Rice is working on another bid.
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NewsWickes sales soar in strong first half
Wickes reported strong sales in the first half of the year, with stores performing particularly well after reopening following the easing of coronavirus restrictions.
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NewsNext to repay business rates relief after sales surge
Fashion giant Next has increased its profit guidance for the financial year, with sales and profits “materially ahead” of expectations following a strong trading performance.
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NewsExclusive: Notonthehighstreet exec leaves to join private equity firm
Ella d’Amato has left her role as the chief commercial and marketing officer at online marketplace Notonthehighstreet to join consumer-focused investment and innovation firm True.
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NewsApollo may team up with Fortress for Morrisons deal
Private equity group Apollo will not make a bid for Morrisons on its own, but may swing behind Fortress’s recommended offer.
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NewsSosandar cuts losses as sales climb
Online womenswear retailer Sosandar has reported a strong start to its new financial year following reduced losses and a rise in sales.
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NewsThe Works emerges stronger after ‘intensely challenging year’
Arts and crafts specialist The Works has reported that it is well positioned for the future after navigating the challenges of the pandemic.
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NewsMorrisons trials checkout-less store tech at Bradford HQ
Morrisons is testing checkout-less stores that would allow shoppers to purchase groceries without queuing at a till.
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NewsSupermarket giants warn of trade disruption under Northern Ireland protocol
The UK’s biggest grocery retailers have warned that its businesses in Northern Ireland will be hammered by rising costs and trade disruption under the terms of the Brexit protocol.
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NewsMarks & Spencer braced for cuts to opening hours amid Covid ‘pingdemic’
Marks & Spencer has warned it may be forced to slash opening hours at some of its shops if the number of staff being forced to self-isolate rises further.
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NewsOcado suffers second major warehouse fire in two years
Ocado has been forced to cancel thousands of orders and apologise to its customers following a fire at its largest warehouse in southeast London.
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NewsBurberry posts ‘strong’ first quarter sales uplift against pre-pandemic levels
Burberry has reported an “excellent start” to its new financial year as full-price sales growth accelerated against its pre-pandemic performance.
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NewsJohn Lewis, Tesco and Sainsbury’s ask shoppers and staff to keep face masks
John Lewis, Tesco and Sainsbury’s have joined a growing number of big-name retailers that will encourage staff and shoppers to keep wearing face masks after July 19.
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NewsHobbycraft sales slump following lockdown store closures
Hobbycraft sales and profits slumped due to coronavirus-related store closures, although trading has improved since April reopening.
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NewsHammerson latest landlord to halt rent concessions
Hammerson has followed the lead of fellow institutional landlord British Land by putting a stop to offering rent concessions to struggling occupants.
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NewsAsos sales rise despite demand ‘volatility’
Asos has posted an increase in third-quarter sales but cautioned that “volatile demand” and supply chain pressures are likely to persist during the coronavirus crisis.