All News articles – Page 358
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NewsJohn Lewis adds new people executive director to top team
The John Lewis Partnership has named the newest member of its overhauled executive team as Nikki Humphrey.
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NewsBoohoo sets out parameters of Leicester factories review
Following the allegations of modern slavery in Boohoo’s supply chain in recent weeks, the fashion giant has announced the details of an independent review of its operations.
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NewsKingfisher poaches John Lewis digital director
Kingfisher has announced two new appointments to its customer & digital team, including former John Lewis digital director Sienne Veit.
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NewsSelfridges axes 450 roles as sales drop ‘significantly’
Selfridges will be cutting 14% of its headcount – around 450 jobs – in a move that managing director Ann Pitcher said was “the toughest decision we have ever had to take”.
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NewsCard Factory sales exceed expectations after store reopenings
Card Factory has suffered a fall in sales but said revenues raked in from its stores since reopening after lockdown have exceeded its expectations.
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NewsGreggs swings to loss but ‘encouraged’ by sales since reopening
Greggs has tumbled into the red after store closures sparked by the coronavirus pandemic hammered its top and bottom lines.
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NewsWalgreens Boots Alliance boss Stefano Pessina steps down
Walgreens Boots Alliance chief executive Stefano Pessina is stepping down, six years after leading the group’s mega-merger.
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NewsAmazon throws down gauntlet to supermarkets by launching free grocery deliveries
Amazon has launched free grocery deliveries for its Prime members in a move that could land a major blow to its supermarket rivals.
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NewsGousto to create 1,000 new jobs as sales surge in lockdown
Gousto will create 1,000 new jobs as part of ambitious plans to ramp up its expansion following a surge in sales.
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NewsSainsbury’s trials virtual queuing system in tie-up with Ufirst
Sainsbury’s is testing a new virtual queuing system and accelerating the rollout of checkout-less shopping as it ramps up its response to the coronavirus pandemic.
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NewsSunak ponders online sales tax to raise £2bn
Chancellor Rishi Sunak is considering an online sales tax to raise £2bn a year and level the playing field between digital and high street businesses.
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NewsGreen seeks to restructure Arcadia after Covid hit
Fashion tycoon Sir Philip Green is to overhaul his Arcadia fashion empire for the second time in little more than a year because of the impact of the coronavirus pandemic.
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NewsBoohoo plans to lead way with ‘model factory’ in Leicester
Online retailer Boohoo aims to open a ‘model factory’ in Leicester after being engulfed in controversy over working conditions in the city’s textile industry.
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NewsDebenhams raises ‘For sale’ sign to secure future
Debenhams is preparing to seek new owners among a range of options being considered to put it on a firm footing after its collapse earlier this year.
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NewsRetail sales rise in June, ONS reports
Retail sales by value rose year on year and month on month in June as online stores continued to perform strongly.
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NewsNaked Wines chair Walden to step down
Naked Wines chair John Walden is to step down from the role in August for personal reasons.
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NewsFrench Connection turns to Hilco to boost liquidity
Fashion group French Connection has secured funding from investment and turnaround specialist Hilco, which will help it through the disruption caused by the coronavirus pandemic.
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NewsHotel Chocolat to meet profit expectations as sales rise
Hotel Chocolat expects to hit full-year profit guidance as full-year sales rose despite a decline in revenues during lockdown.
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NewsConsumer confidence holds steady despite mounting job losses
Consumer confidence held its position in July as shoppers’ trepidation about the economy was offset by increased optimism in their personal finances.
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NewsFrasers Group accused of paying warehouse staff below minimum wage
Mike Ashley’s Frasers Group has again been accused of paying warehouse workers below minimum wage for the second time in five years.