All News articles – Page 314
-
NewsFrasers Group calls for inquiry into Peacocks deal
The Mike Ashley-led Frasers Group has called on MPs to launch an inquiry into the handling of the sale of fashion chain Peacocks to a group backed by former owner Philip Day.
-
NewsGovernment faces criticism as it hints at Covid certificates in stores
Coronavirus certificates could be needed to enter some high street shops from this summer, the government has hinted, as Labour pledged to vote against any such plans.
-
NewsJoules poaches new chief financial officer from Moneysupermarket
Fashion retailer Joules has poached its new chief financial officer from price comparison business Moneysupermarket to replace outgoing CFO Marc Dench.
-
NewsPaphitis warns it’s ‘goodnight Vienna for physical retail’ without rates reform
Retail tycoon Theo Paphitis has urged chancellor Rishi Sunak to reform business rates or risk the “destruction” of bricks-and-mortar retail.
-
NewsPeacocks bought out of administration, 2,000 jobs saved
Peacocks has been bought out of administration by a consortium of investors led by Edinburgh Woollen Mill’s chief operating officer Steve Simpson.
-
NewsAmazon found to have illegally fired climate activist workers
US labour officials have found that Amazon “illegally retaliated” against two former employees who were fired after speaking out about the firm’s environmental practices and warehouse safety.
-
NewsAlmost 190,000 UK retail jobs lost since first lockdown
Nearly 190,000 retail jobs have been lost in the year since the UK entered its first lockdown, with administrations and cost-cutting programmes driving redundancies.
-
NewsRetail gets green light as Johnson confirms April 12 reopening plan
Boris Johnson has confirmed that non-essential retailers can open their doors on April 12 as planned.
-
NewsBoots UK sales slide as parent Walgreens ups profit guidance
Boots has endured a slump in second-quarter sales as parent company Walgreens blamed the reintroduction of lockdown restrictions for the “set back” in its revenue recovery.
-
NewsNext raises 2022 forecast despite slump in profits during pandemic
Next has raised its profit guidance for the 2021/22 financial year despite a slump in earnings during the coronavirus crisis.
-
NewsAsda to partner with In The Style as it rules out George sale
Asda’s new owners the Issa brothers have committed to keeping the retailer’s George brand and unveiled plans to partner with third parties to attract younger customers.
-
NewsWatch: H&M incentivises sustainable behaviours with green loyalty points
H&M has introduced points for loyalty club members to reward them for making more sustainable choices.
-
NewsH&M seeks to ‘regain trust’ in China following Xinjiang row
Fashion giant H&M has insisted it remains committed to trading in China and hopes to defuse a row over forced labour allegations that have led to a backlash against the retailer.
-
NewsHeavy discounting in March as low demand plagues fashion and footwear
Shop prices continued to fall in March, as non-food retailers struggled to entice shoppers to buy during lockdown.
-
NewsCarpetright boss Walsh to take chair role at parent company
Carpetright chief executive Wilf Walsh has been promoted to the role of chairman at his firm’s parent company.
-
NewsDeliveroo slashes share price amid investor fears over workers’ rights
Deliveroo is set to price its imminent float at the bottom of the range due to investor concerns over the pay and working conditions of its riders.
-
NewsUS threatens UK with tariffs on exports over planned digital tax
Exports including jewellery, furniture and game boards could all face tariffs being exported across the Atlantic, with the US targeting British products in response to any digital tax.
-
NewsIkea and Dixons goods delayed as efforts to shift stranded Suez ship continue
Ikea and Dixons Carphone are among those with goods stuck on the container ship that has been stranded in the Suez Canal for almost a week.
-
NewsShops to be allowed extended opening hours when lockdown eases
The government has said shops in England will be permitted to open until 10pm when lockdown restrictions ease next month.
-
NewsUnion hails ‘massive victory’ as Asda equal pay challenge fails in Supreme Court
Grocery chain Asda could be forced to pay out as much as £500m to employees following its latest setback in a long-running equal pay battle.