All News articles – Page 310
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NewsSuperdry full-year revenues slump despite improved fourth quarter
Superdry has reported a slump in full-year sales but chief executive Julian Dunkerton says there is “light at the end of the tunnel” for the retailer following an improved fourth quarter.
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NewsNext raises full-year profit guidance after strong first quarter
Fashion giant Next has upgraded its full-year profit guidance following a much stronger than expected performance in the first quarter.
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NewsAsda owners to sell 27 forecourts to smooth competition concerns
Asda’s new owners the Issa brothers have agreed to offload a tranche of EG Group’s petrol forecourts, paving the way for them to formally complete their £6.8bn takeover of the supermarket chain.
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NewsBoohoo profits surge as sales rocket across globe
Boohoo has posted a spike in sales and profits as coronavirus lockdowns across the globe spurred growth in all of its international markets.
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NewsIkea launches ‘buy back’ initiative as part of sustainability drive
Ikea is set to launch its ‘buy back’ initiative, which allows customers to sell their unwanted furniture back to the retailer.
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NewsCo-op price matches vegan and meat products as part of new climate strategy
The Co-op has price matched all of its plant-based Gro products with their meat equivalents as part of a new ten-point climate change blueprint to be carbon neutral by 2040.
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NewsFrasers Group probed by EU tax authorities over VAT bills
Frasers Group is in talks with EU tax authorities over a controversial VAT arrangement that has seen the retailer pay tax on overseas sales in the UK.
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NewsTopshop Oxford Street flagship goes on sale for £420m
The sale of Topshop’s iconic Oxford Street flagship has kicked off, with a portion of the funds from the £420m sale allocated to Arcadia’s pension scheme.
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NewsMarks & Spencer launches tech recruitment drive to turbocharge online growth
Marks & Spencer has begun a recruitment push to find 85 tech specialists following a consumer shift online during the Covid pandemic.
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NewsTheo Paphitis and Damian McGloughlin join Stores Week line-up
Theo Paphitis and Homebase boss Damian McGloughlin have joined the growing list of speakers for Retail Week’s Stores Week.
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NewsAldi eyes possible cashierless store format with ‘Shop & Go’ trademark
Aldi has trademarked ‘Shop & Go’ with the Intellectual Property Office (IPO), paving the way for the potential launch of a cashierless store format.
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NewsOn demand: Exclusive Research - Five Winning Retail Strategies
Retail Week bring you an exclusive update on its Retail Horizon report, a new strategic toolkit and year-round series of in-depth insight.
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NewsCo-op ditches bags for life to cut plastic use
The Co-op is to replace plastic bags for life with compostable and renewable carriers as it seeks to reduce the use of plastic.
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NewsOne in seven shops now empty as shopping centre vacancies spike
The number of retail vacancies increased across all shopping destinations and regions in the first quarter of 2021.
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NewsAmazon profits soar as online demand booms
Online giant Amazon has reported skyrocketing sales and earnings as the pandemic-stoked shift to online continued.
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NewsApple’s profits double as Chinese sales soar
Apple has recorded soaring sales since the beginning of the pandemic, with particular momentum seen in China.
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NewsIn The Style hails strong momentum after successful IPO
After completing a successful float on AIM, In The Style has recorded strong sales throughout the past year.
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NewsAsda to sell second-hand clothing in George stores
Supermarket chain Asda is set to start selling second-hand clothes in 50 of its stores across the UK, following a successful trial in Leeds.
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NewsWaitrose and Hotel Chocolat strike new product partnership
Waitrose has struck a partnership with Hotel Chocolat to sell a selection of the retailer’s products in its supermarkets and online.
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NewsWHSmith launches £325m fundraise to open 100 new travel stores
WHSmith has unveiled plans to launch a £325m fundraise as the retailer doubles down on the expansion of its challenged travel division.