All News articles – Page 335
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NewsB&M half-year profits skyrocket as sales surge
B&M has recorded a jump in interim profits spurred by a leap in sales that boss Simon Arora says shows the retailer is “well-attuned to the evolving needs of customers”.
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NewsWHSmith tumbles to full-year loss as sales slide
WHSmith has fallen into the red at the full-year mark as the retailer’s sales across travel and the high street were “heavily impacted” by the pandemic.
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NewsMarks & Spencer adds Early Learning Centre to online brand stable
Marks & Spencer is to sell Early Learning Centre products on its website in its latest tie-up with a complementary brand to build online appeal.
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NewsLive updates: Tracking retailers’ response to lockdown 2.0
Retailers and brands are reacting to the challenges posed by the winter lockdown in England and restrictions across the UK. Retail Week tracks the response of businesses, as they happen. Last updated on November 20.
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NewsSelfridges raids Lane Crawford for new managing director
Selfridges has appointed Andrew Keith, president of upscale Hong Kong-based department store business Lane Crawford, as its new managing director.
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NewsSupermarkets lobby to extend pre-Christmas Sunday trading hours
Supermarket bosses have launched a bid to extend Sunday trading hours in the lead up to Christmas.
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NewsAmazon abused position to obtain third-party sellers’ data, says EC
Amazon has been charged with breaking EU competition laws, using data from its third-party sellers to gain dominance in the market.
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NewsWaitrose dials up focus on food counters following Sainsbury’s closures
Waitrose has revealed plans to increase its focus on food service counters just days after rival Sainsbury’s closed all of its equivalent meat, fish and deli areas.
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NewsHomebase seeks new owners to drive next phase of growth
Homebase owner Hilco has hoisted the ‘for sale’ sign as the home and DIY business eyes the next phase of its transformation.
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NewsNew Look completes financial restructuring
New Look has completed a major recapitalisation of its finances.
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NewsSupreme acquired by Timberland owner VF in $2.1bn deal
Iconic streetwear brand Supreme has been sold to VF Corporation, which owns brands including Vans and North Face, in a deal valued at $2.1bn (£1.6bn).
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NewsLandsec signals further fall in rents likely
Landsec, the retail property group, expects shopping centre rents to fall because of the impact of the Covid pandemic and an “ongoing structural shift to a lower rent model”.
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NewsGrocery sales rise in October as record numbers flock online
Grocery sales jumped last month as a record number of shoppers turned to online.
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NewsAldi to roll out click and collect to 200 stores before Christmas
Aldi is to extend its click-and-collect trial to more than 200 additional stores before Christmas as it ramps up its online proposition.
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NewsTesco to pay Christmas bonus as Lidl ups hourly wages
Grocery giants Tesco and Lidl have handed their staff pay fillips ahead of the crucial Christmas trading period.
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NewsRetail sales rise in October boosted by pre-lockdown splurge
Retail sales recorded a year-on-year uplift in October, which British Retail Consortium (BRC) boss Helen Dickinson says demonstrated many retailers “finding their footing” prior to the second lockdown.
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NewsBRC unveils sustainability roadmap to hit net zero by 2040
The British Retail Consortium has launched its Climate Action Roadmap with the aim for the industry to reach net-zero carbon emissions by 2040.
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NewsIn pictures: Fenwick unveils Newcastle Christmas window to 250,000 online
More than 250,000 viewers streamed the unveiling of Fenwick’s Christmas window at its Newcastle flagship.
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NewsHarrods lockdown closure prompts credit renegotiation
Department store Harrods has renegotiated the covenants of a £200m syndicated loan following the latest Covid-19 lockdown.
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NewsJohn Lewis leads calls for clarity on Christmas reopening
John Lewis has urged the government to provide clarity urgently about whether stores can reopen in December when the latest lockdown in England is scheduled to end.