All News articles – Page 35
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NewsCrew Clothing steps into new product category
Fashion retailer Crew Clothing has unveiled a new collection as it expands into a new product category.
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NewsZara owner Inditex sales rise again as collections prove hit with shoppers
Zara owner Inditex has hailed its “solid operational performance” as sales and profits during the first quarter rose amid its ongoing expansion.
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NewsRetail has lost 360,000 jobs in the last decade
The retail industry has lost more than 360,000 jobs over the last 10 years, according to new data from the Office for National Statistics, sparking fresh concerns over the sector’s long-term staffing prospects.
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NewsPoundland owner inching closer to sale of discounter
Pepco is inching closer to agreeing a sale of discount chain Poundland, with a deal expected to be announced as soon as this week.
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NewsPayment system failures could cost UK retailers £1.6bn in annual sales
Payment outages and system failures have been estimated to cost UK retail and hospitality companies around £1.6bn in sales annually.
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NewsBoots to release hundreds of new wellness products this summer
Health and beauty retailer Boots is rolling out hundreds of new wellness products as it rapidly expands its range.
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NewsM&S resumes online trading following cyber attack
Marks & Spencer has started trading online again after weeks of disruption since it was hacked by cybercriminals.
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NewsUK retail sales slow as consumers put the brakes on discretionary spending
UK retail spending growth slowed to a crawl in May casting doubt on the strength of consumer resilience heading into the summer.
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NewsFrasers Group offers Debenhams cash injection as Ashley demands meeting with chair
Frasers Group is reportedly looking to tighten its grip on Debenhams, formerly Boohoo Group, with an offer of a cash injection to the retailer, which is going through debt refinancing talks.
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NewsFortnum & Mason launches first-ever membership programme
Premium department store Fortnum & Mason has launched the first membership programme in its entire history.
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NewsPoundland eyes rent cuts in bid to save on costs
Struggling value player Poundland is reportedly mulling plans to force through steep rent cuts on its properties in a bid to slash mounting costs.
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NewsJohn Lewis to shrink senior staff committee as part of turnaround strategy
The John Lewis Partnership is set to shrink its most senior staff committee down as it looks to press on with its ongoing turnaround efforts.
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NewsMatalan to invest £25m in new stores and refurbishments
Matalan is to invest more than £25m in upgrading its store estate as part of its transformation strategy.
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NewsRevolution Beauty confirms takeover interest from Frasers Group
Frasers Group is among the businesses interested in taking over cosmetics firm Revolution Beauty.
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NewsRiver Island stores at risk as it draws up rescue plan
Advisers from PwC have been brought in to help devise a rescue plan for River Island, it has been reported.
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NewsFlying Tiger revenue rises in ‘another year of change and growth’
Danish variety retailer Flying Tiger has recorded a rise in revenue as it saw “another year of change and growth”.
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NewsFormer Rituals MD takes on leadership role at French beauty retailer
The former managing director of Rituals has taken on a new leadership role at a French beauty retailer as it plans to enter the UK market, Retail Week can reveal.
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NewsOne in 10 retail jobs at risk by 2028, warns BRC
The British Retail Consortium has warned that mounting financial pressures could eliminate one in 10 retail positions across the UK by 2028.
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NewsMarks Electrical finance boss steps down
Marks Electrical’s chief financial officer is set to leave after four years with the business.
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NewsSports Direct reported to the regulator for pricing practices
Sports Direct has been reported to the Competition and Markets Authority (CMA) following claims of “misleading” pricing by Which?.