All News articles – Page 308
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NewsN Brown profits plummet after pandemic hammers sales
N Brown has reported a sharp decline in profits after sales tumbled owing to the pandemic, but the fashion and homeware retailer’s boss pointed to “early signs of progress” in its turnaround.
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NewsWatch: John Lewis puts price centre-stage for first time in Anyday campaign
John Lewis has unveiled a marketing campaign for its new Anyday brand, which for the first time puts product prices at the heart of the push.
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NewsWatches of Switzerland eyes new store openings after ‘strong finish’ to year
Watches of Switzerland has recorded strong sales across both the UK and the US, with momentum continuing into the new financial year.
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NewsKingfisher raises outlook as sales continue to soar
Kingfisher has raised its profit predictions for 2021/2022 as its sales increased in almost all markets.
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NewsBoohoo to link top team bonuses to meeting ethical and environmental targets
Boohoo has agreed to link its bonus scheme for directors to making changes to its supply chain following last year’s scandal.
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NewsAsos eyes Cult Beauty and Feelunique as takeover targets
Asos is considering possible takeovers of online beauty platforms Cult Beauty and Feelunique, it is understood.
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NewsDunelm to smash profit forecasts following strong reopening
Homewares specialist Dunelm expects full-year profits to come in “significantly ahead” of City expectations after strong sales growth.
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NewsM&S promotes Bickerstaffe and Machin to become chief operating officers
Marks & Spencer has unveiled a management restructure, including promotions for Katie Bickerstaffe and Stuart Machin.
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NewsFootfall edges up as high street shopper numbers rise
Retail footfall registered a modest week-on-week climb in the week ahead of hospitality reopening, although high streets were the only retail destination that registered growth.
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NewsAmazon in talks to buy MGM Studios for $9bn
Amazon is reportedly in talks to buy cinematic behemoth MGM Studios in a deal worth $9bn (£6.4bn).
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NewsTopps Tiles back in the black following ‘strong recovery’ upon reopening
Topps Tiles has returned to profit at the half-year mark as boss Rob Parker hails the retailer’s “flexibility and resilience”.
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NewsUK proposes new food checks in the Irish Sea from October
The UK is planning to introduce phased border checks on food products in the Irish Sea from October this year.
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NewsUK retail and hospitality sectors face labour shortage due to Covid and Brexit
The UK’s retail and hospitality employers are struggling to find staff as lockdown lifts due to the combined effects of the coronavirus and Brexit.
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NewsUK consumers to spend £2.5bn as indoor hospitality reopens
UK consumers are predicted to bring a much needed boost to the high street by spending billions of pounds in the first week of indoor hospitality.
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NewsAmazon set to create 10,000 new UK jobs
Amazon is embarking on a hiring spree as the US giant backs the online shopping boom brought on by the pandemic continuing in the UK.
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NewsFarfetch revenues soar after ‘tremendous start to 2021’
Farfetch reported strong growth in both revenues and gross merchandise values in what the luxury specialist’s boss called a “tremendous start to 2021”.
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NewsThe Works sales slide as coronavirus restrictions take toll
The Works revised its internal profit forecast earlier in January after store closures during the year tanked sales.
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NewsDixons Carphone rebrands all UK businesses as Currys
Dixons Carphone has brought its four businesses together to become Currys.
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NewsThe Entertainer targets Spanish expansion with first branded store
Family-owned toy retailer The Entertainer has set its sights on expanding its own-brand store estate in Spain, following the opening of its first fascia in Valencia.
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NewsOnline sales growth slows following non-essential retail reopening
Online retail sales reported positive growth in April despite the easing of restrictions, although sales did decline on a month-by-month basis.