All News articles – Page 365
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NewsSosandar appoints new finance director
Sosandar has appointed Stephen Dilks as its new finance director, to replace head of finance James Bowling.
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NewsCard Factory chief executive Karen Hubbard steps down
Card Factory boss Karen Hubbard is stepping down from her role at the end of this month after four years at the helm.
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NewsTesco first-quarter sales jump driven by lockdown ecommerce surge
Tesco has reported strong sales growth in its first quarter bolstered by online as lockdown measures prompted a surge in demand.
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NewsIntu administration looms as financing talks fail
Embattled retail landlord Intu has said it is ‘likely’ to appoint administrators as negotiations with its lenders stall.
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NewsRetail landlords collect less than 15% of rent owed on quarter day
Retail landlords received a fraction of due rent on quarterly rent day earlier this week, with Boots among the big name retailers that withheld some payments.
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NewsCo-op urges government intervention after attacks on staff increase
The Co-op’s food boss has warned that the coronavirus pandemic has seen an increase in violence against staff and called on the government to urgently introduce legislation to protect shopworkers.
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NewsMatalan bolsters board as full-year profits fall
Matalan’s full-year profits dropped despite a slight uptick in revenues, amid a challenging backdrop of political uncertainty and decreased spending.
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NewsNew Waitrose boss calls for post-Brexit food protections
The new boss of Waitrose has joined other representatives of the food industry and farmers in calling for food standards protections in any post-Brexit trade deals.
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NewsN Brown profits and sales slump in ‘year of restructuring’
N Brown has reported falling profits and sales across its brands in what it called a “year of restructuring”.
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NewsTikTok launches business arm to work with brands
Social media giant TikTok has launched a new ‘TikTok for Business’ platform to help brands market themselves on the app.
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NewsCMA clears Amazon-Deliveroo tie-up despite financial turnaround
The competitions watchdog has once again provisionally cleared ecommerce giant Amazon’s investment in food delivery app Deliveroo, despite the latter’s financial turnaround.
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NewsJohn Lewis raids Co-op for new department stores boss
The John Lewis Partnership has poached a top Co-op executive to take charge of its eponymous department store business.
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NewsVery Group axes 141 roles in tech-driven restructure
The Very Group is cutting a number of roles across its head office and customer care team as it transforms its business in the wake of the coronavirus pandemic.
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NewsBeaverbrooks sales soar as shoppers flock back to stores
Jewellery retailer Beaverbrooks has reported a marked increase in sales in the week following its reopening of stores on June 15.
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NewsAmazon launches accelerator for UK start-ups and small businesses
Amazon has launched an accelerator to help small UK businesses develop their online operations.
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NewsJD Sports buys Go Outdoors back out of administration
JD Sports has bought its subsidiary Go Outdoors back for £56.5m in a bid to renegotiate better rents with landlords after putting the business into administration earlier this week.
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NewsNaked Wines narrows losses as lockdown accelerates sales growth
Naked Wines has reported narrowing losses in its full-year results spurred by a “sharp acceleration” in sales since the outbreak of the coronavirus pandemic in the West.
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NewsSwedish bed brand Carpe Diem makes UK debut
Luxury bed brand Carpe Diem, founded in Sweden 25 years ago, has launched UK ecommerce operations and a London flagship store, despite the impacts of the coronavirus pandemic on international retail.
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NewsLandlords brace for worst quarterly rents day
Retail landlords are bracing for what could be the worst quarterly rent day ever, when what is paid could be as little as 10% of what is owed.
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NewsCoronavirus: Pubs set to reopen next month as 2m distancing rule relaxed
The government will ditch the two-metre social distancing rule from July 4 as it allows businesses including pubs, restaurants and hairdressers to reopen.