All News articles – Page 349
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NewsBooker chief executive Charles Wilson to step down early next year
Booker chief executive Charles Wilson will stand down after 15 years with the wholesaler in February, Tesco has announced.
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NewsNew Look landlords accuse retailer of inconsistency as CVA teeters
New Look is facing an uphill battle in convincing landlords to vote in favour of its CVA, with many store owners growing increasingly disgruntled about the retailer’s perceived lack of transparency in negotiations.
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NewsMorrisons wades into pricing wars as recession begins to bite
Supermarket chain Morrisons has become the latest of the big four to invest in pricing by slashing prices on more than 400 essential products.
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NewsPrimark profits to hit top end of range after strong trading resumes
Primark owner Associated British Foods (ABF) said the retailer’s profits are expected to be at the top of its revised range after a strong resumption of trading following lockdown.
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NewsIceland founder wins discount for completing buyback early
Iceland founder Malcolm Walker has negotiated a reduction in the amount he is paying to return the grocer to full family ownership, with the former majority stakeholder agreeing a discount in exchange for early payment.
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NewsDixons Carphone ShopLive paves way for 24-hour shopping
Dixons Carphone has revealed plans to ramp up its ShopLive innovation to include extended operating hours, bookable appointments and livestream shopping.
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NewsPret UK boss Clough: Dinner, deliveries and digital will drive transformation
Pret a Manger is ramping up plans to break into the dinner market and broaden its delivery proposition as it seeks new revenue streams amid the coronavirus pandemic.
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NewsDebenhams boss: ‘We’re not on a cliff edge’
Debenhams chair Mark Gifford has said the department store group is trading better than expected, providing reassurance amid speculation about its future.
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NewseBay appoints new UK boss in management reshuffle
Online marketplace eBay has promoted Murray Lambell to general manager of its UK business as part of wider leadership changes.
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NewsTopps Tiles names new chief financial officer
Specialist retailer Topps Tiles has appointed Stephen Hopson as its chief financial officer.
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NewsCo-op to create 1,000 jobs as Covid changes shopping habits
The Co-op has unveiled a £130m investment programme including more store openings and more jobs.
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NewsPret a Manger to launch coffee subscription service
Pret a Manger is launching a coffee subscription service as it ramps up its multichannel strategy.
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NewsModern slavery risk rises in Asia as pandemic hits fashion industry
While the UK is enraged by the allegations of modern slavery in Leicester factories, manufacturing hubs in Asia have seen the problem worsen amid the coronavirus pandemic.
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NewsLunchboxes, tablets and growth spurts drive back-to-school sales surge
As children return to school this week after six months away, John Lewis and M&S recorded sales jumps across stores and online as parents prepped for the new academic year.
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NewsEve Sleep raises full-year expectations as lockdown spurs sales
Direct-to-consumer mattress brand Eve Sleep has raised its expectations for the full year, after successive months of growth.
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NewsCosta Coffee store review puts 1,650 jobs at risk
High street chain Costa Coffee has said 1,650 roles across the business are at risk of being axed as it reviews its sprawling store estate in light of the coronavirus crisis.
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NewsJohn Lewis adds 30 new brands to ‘modernise’ offer
John Lewis has added more than 30 third-party brands to its autumn/winter range across clothing, accessories and beauty.
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NewsAmazon set to create 10,000 new UK jobs this year
Amazon is on course to create 10,000 new permanent jobs during 2020 across its UK operations in order to meet growing consumer demand.
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NewsLego set to open 120 new stores amid lockdown sales surge
Lego has announced plans to open 120 new stores this year, following a leap in the number of adults using the building kits during lockdown.
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NewsB&M set to enter FTSE 100 as pandemic sales climb
B&M will bump ITV out of the FTSE 100 in a quarterly reshuffle as the discount retailer’s market value rose by nearly a quarter during the year.