All News articles – Page 354
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NewsRetail Week Awards teams up with retailTRUST to celebrate and support sector
The Retail Week Awards is introducing a series of new categories and joining forces with retailTRUST in 2021 to celebrate and support the industry in the wake of the coronavirus pandemic.
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NewsHobbs boss to take dual role as Whistles MD steps down
Whistles boss Helen Williamson is to take early retirement after nearly six years with the retailer.
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NewsNearly 300 staff test positive for coronavirus at M&S sandwich supplier
Almost 300 staff have been forced into self-isolation after testing positive for the coronavirus at a Northamptonshire-based sandwich supplier for Marks & Spencer.
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NewsPrimark, Tesco and other retailers partner with government on new supply chain fund
Some of the UK’s largest retailers have partnered with the government to help launch a fund designed to protect supply chains and support international workers.
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NewsRiver Island to slash another 350 jobs as coronavirus continues to take toll
Fashion retailer River Island is set to slash 350 jobs across its store estate as it battles to survive the ongoing coronavirus crisis.
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NewsBike stores take prime city locations amid cycling boom
City centres have seen an influx of bike shops in prime locations as consumers have taken to cycling during lockdown.
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NewsNew Look launches CVA and recapitalisation
Embattled fashion retailer New Look has launched a company voluntary arrangement (CVA) in a bid to “rebase” its existing leasing portfolio.
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NewsEtailer Very’s sales surpass £2bn as new customers double in lockdown
The Very Group has registered a jump in fourth quarter sales and says it is on track to return to full-year profitability in what boss Henry Birch describes as “a really fantastic performance”.
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NewsTopps Tiles expects ‘modest’ profit as sales recover
Topps Tiles has said it now expects to turn a “modest” profit this year following a bounce back in retail sales.
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NewsWatches of Switzerland profits rise despite Covid-19 impact
Watches of Switzerland has posted an increase in full-year profits despite the impact of the coronavirus crisis.
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NewsTrain companies seek government aid for station retail tenants
Britain’s train companies are lobbying the government to introduce rent cuts and payment holidays for retail tenants at their stations to help them through the coronavirus pandemic.
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NewsWalmart joins forces with Instacart to boost same-day delivery credentials
Walmart has joined forces with Instacart to offer same-day delivery in four US markets as it seeks to rival Amazon’s rapid fulfilment proposition.
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NewseBay pledges to absorb digital tax for sellers
eBay has told its sellers they will not bear the brunt of the new digital services tax and the online marketplace will pay any additional tax.
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NewsM&S bolsters food division with new distribution centre
Marks & Spencer is to open a new food distribution centre next month that will increase capacity and help address longstanding availability problems.
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NewsDr Martens eyes doubling of store estate after quick coronavirus recovery
The chief executive of Dr Martens has said he can envisage the retailer doubling its global store estate in the next five years, after a quick financial recovery from the coronavirus crisis.
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NewsKroger aims to take on Amazon with marketplace launch
Kroger, the biggest grocer in the US, is to launch its own online marketplace in a bid to compete with rivals such as Amazon and Walmart.
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NewsDr Martens’ profits climb as online sales soar
Footwear brand and retailer Dr Martens has posted a rise in annual sales and profits, helped by strong online growth.
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NewsJust Eat sales and earnings leap during lockdown
Food delivery service Just Eat as reported a surge in sales and earnings after the coronavirus outbreak spurred demand.
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NewsAsos profits to beat expectations as returns rate falls
Online fashion giant Asos expects sales and profits this year to come in “significantly ahead of market expectations”.
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NewsAshley’s Frasers Group delays results for second year in row
Tycoon Mike Ashley’s Frasers Group has put back publication of its annual results for the second year running.