All News articles – Page 302
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NewsJD Sports to split top role as shareholders vote out pay committee chair
JD Sports announced its intentions to divide its top job into chief executive and chair before its next annual general meeting.
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NewsAO plots European expansion as German business rebounds
After returning AO.com’s German arm to profitability, boss John Roberts is eyeing expansion into France, Italy and Spain in the near future.
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NewsBoots sales rise as Walgreens upgrades profit forecast following strong third quarter
Boots has had a jump in third-quarter sales while parent group Walgreens Boots Alliance (WBA) has upgraded its profit forecast, buoyed by pharmacy sales and administrating Covid-19 vaccinations.
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NewsH&M bounces back to profitability in first half
Swedish fashion giant H&M has returned to profitability in the first half of the year after enduring a bruising 2020 due to the coronavirus crisis.
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NewsPrimark expects profits to be in line with last year following strong reopening
Primark owner ABF has said the fashion giant’s stores have performed exceptionally well since reopening and predicted full-year profits will be in line with the previous year.
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NewsAO.com back in the black as Covid drives soaring sales and profits
Pureplay electricals specialist AO.com has reported a return to operating profit driven by a surge in sales and EBITDA.
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NewsDecathlon adds Adidas and Speedo to its arsenal in shift to marketplace model
Decathlon UK will expand its website to include products from new brands in a fresh bid to help make sport more accessible to its customers.
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NewsStudio’s boss says home improvement trend continuing as full-year profits soar
The digital value retail business reported a stellar increase in revenues as consumers headed online in their droves during the pandemic.
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NewsAsda wades into on-demand grocery battle with new one-hour Express Delivery service
Asda has become the latest established supermarket to move into the rapid grocery delivery space with the launch of its one-hour Express Delivery service.
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Dixons Carphone swings into the black as boss hails strong year
Dixons Carphone has swung back into profit and reported soaring sales as boss Alex Baldock hailed the retailer’s strong performance in the financial year.
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NewsGovernment opens business rates revaluation consultation
The government is seeking input on its plans to increase the regularity of business rates revaluations.
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NewsBroadgate retail offering boosted by Lewis Hamilton-backed vegan restaurant
British Land’s Broadgate site has been given a fresh retail boost with the announcement of four new lettings, including a plant-based burger restaurant backed by Lewis Hamilton.
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NewsUK retail profits forecast to shrink by £8bn by 2025
UK retailers will see profits fall as the move towards ecommerce is accelerated by the pandemic.
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NewsPolice crackdown needed to protect shopworkers, say MPs
Police are failing to protect shopworkers against a rise in abuse in recent years and over the course of the pandemic, a new government report has found.
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NewsBoots launches new Online Doctor service
Boots has launched an online consultation service for customers that will address 45 non-urgent health conditions.
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NewsGovernment resumes ‘war room’ calls with grocers over driver shortages
The Department for Environment Food and Rural Affairs (Defra) this morning held the first Food Resilience Industry Forum call since April in response to growing concerns in Whitehall over the effects of a national shortage of HGV drivers.
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NewsM&S launches Clarks tie-up in kids’ and casual clothing push
Marks & Spencer will start selling Clarks children’s shoes this week as part of its shift away from special occasion clothing.
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NewsScrewfix to trial half-hour deliveries to local builders and DIYers
Screwfix is to begin a trial in Bristol delivering products in as little as 30 minutes.
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NewsFormer Ocado co-founder settles with retailer following lengthy legal battle
Two former Ocado employees, including one of the company’s co-founders, have settled with the company after a drawn out legal battle over information theft.
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NewsBurberry chief executive Gobbetti to step down
Burberry chief executive Marco Gobbetti is to leave the luxury giant after almost five years in charge.