All News articles – Page 368
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NewsPrimark to reopen all 153 English stores on Monday
High street giant Primark has confirmed it will reopen all 153 of its stores in England on Monday with “rigorous health and safety measures” in place.
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NewsAldi extends Deliveroo partnership into London
Aldi has extended its trial with Deliveroo into London, less than a month after launching the pilot in the Midlands.
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NewsLiberty rebrands digital flagship as it celebrates 145 years
London department store Liberty has completed a rebranding including a new logo and redesigned website, as it celebrates its 145th birthday this year.
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NewsMorrisons hit by investor revolt over exec pension payments
Morrisons has been rocked by a shareholder revolt over the pay packages of its executive team.
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NewsUK economy suffers worst-ever slump during coronavirus lockdown
The UK economy suffered its worst-ever collapse during April as the coronavirus lockdown wiped out a fifth of GDP.
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NewsB&M full-year profits and sales rise despite coronavirus disruption
B&M has posted an uplift in full-year profits bolstered by strong sales growth, and reports that revenues throughout the coronavirus pandemic have been “strong”.
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NewsRetail 100 2020: Industry’s most influential leaders revealed
Tesco boss Dave Lewis has retained his position at the top of RWRC’s annual Retail 100 list, following a year in which Britain’s biggest retailer completed its turnaround and played a crucial role in feeding the nation during the coronavirus pandemic.
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NewsUpdated: Ocado launches £1bn fund raise to capitalise on online shift
Ocado has launched an ambitious bid to raise £1bn in fresh funding to help it capitalise on the “significant acceleration” in online shopping during the coronavirus pandemic.
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NewsCMA delays final Amazon-Deliveroo decision until August
The Competition and Markets Authority (CMA) has delayed publishing its final decision on the proposed tie-up between Amazon and Deliveroo until the first week of August.
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NewsZara owner Inditex posts first-ever quarterly loss
Zara owner Inditex has reported its first-ever quarterly loss as the coronavirus crisis took its toll on the group’s bottom line.
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NewsMonsoon and Accessorize bought out of administration by founder
Peter Simon has bought Monsoon and Accessorize out of administration with cash from a new holding company in a bid to “rescue a significant number of stores”.
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NewsQuiz property arm slips into administration as it eyes store portfolio restructure
Struggling fashion brand Quiz has said it will seek to appoint administrators to its wholly owned subsidiary in a bid to restructure its failing retail store portfolio.
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NewsThe Hut Group profits soar as total sales exceed £1bn
The Hut Group profits have rocketed while total sales have surpassed £1bn driven by new brand acquisitions and investment in technology.
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NewsSegro completes fundraising as it eyes bigger piece of online shopping boom
UK warehousing group Segro has raised £680m from a new share placing to fund the acquisition of new online distribution facilities.
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News70% of shoppers wary of returning to stores ahead of non-essential reopening
As non-essential retail prepares to reopen on June 15 UK consumers are reluctant to return to normal life, with seven in 10 uncomfortable going shopping according to the second EY Future Consumer Index.
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NewsDebenhams closes more stores after failing to agree terms with Intu
Department store chain Debenhams has confirmed the closure of a further three stores after failing to agree to terms with institutional landlord Intu.
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NewsMulberry to axe quarter of workforce amid coronavirus crisis
Mulberry plans to axe a quarter of its workforce across the globe as the coronavirus pandemic takes its toll on the business.
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NewsSosandar pens deals with Next and John Lewis as sales surge during lockdown
Sosandar will start selling its clothing through the John Lewis and Next websites as it seeks to build on surging sales during the first two months of its financial year.
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NewsAudit watchdog ends probe into Tesco’s £326m accounting scandal
The audit watchdog has closed its investigation into Tesco almost six years on from its accounting scandal.
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NewsRetail sales slump in May despite relaxed lockdown restrictions
After a record low in April, May sales figures showed little signs of improvement, registering the second-worst decline since records began in 1995.