All News articles – Page 390
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NewsDFS profits fall as coronavirus plays havoc with full-year guidance
DFS has reported a decline in both profits and sales and warned that the developing coronavirus outbreak has made it impossible to give accurate guidance on its full-year results.
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NewsRetail sales growth hampered by storms, says BRC
Retail sales in February were hampered by three named storms during the month, according to the latest BRC-KPMG retail sales monitor.
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NewsCoronavirus: Government to grant supermarkets more flexible delivery times
Supermarkets will be granted the ability to set more flexible delivery times as the government looks to ensure people have access to products in the event of a wider coronavirus outbreak.
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NewsAO.com co-founder Alan Latchford dies
AO.com co-founder Alan Latchford has died at the age of 61.
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NewsAmazon starts selling checkout-less tech to retail rivals
Amazon has started selling the technology behind its checkout-less Amazon Go stores to other retailers.
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NewsUsdaw calls on chancellor to ‘save our shops’ ahead of budget
Usdaw has added its voice to retailers in calling on the chancellor to deliver urgently needed business rates reforms to “tackle the retail sector crisis”.
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NewsJohn Lewis launches first spring TV advertising campaign
John Lewis has launched its first-ever TV advertising campaign outside of Christmas and clearance, in a bid to push sales of its spring and summer collections.
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NewsReiss profits and sales soar after ‘strongest’ results in its history
Reiss has reported soaring profits and sales for the last financial year, in what the brand described as its “strongest” set of results in its history.
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NewsCo-op boss Murrells calls for business rates reform to save small towns
The Co-op’s chief executive Steve Murrells has urged Chancellor Rishi Sunak to reform the business rates system ahead of the budget this week.
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NewsTesco to sell Thai and Malaysian business in £8.2bn deal
Tesco is set to offload its Thai and Malaysian grocery divisions to Thai business empire CP Group in a deal unanimously approved by its board.
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NewsSupermarkets ration products to quell coronavirus stockpiling
Tesco, Asda and Waitrose have all started rationing sales of certain items, such as toilet paper and antibacterial hand gel, in store or online.
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NewsStorms wash away gains in February as footfall declines across the board
Three named storms brought record rainfall to the UK during February, driving footfall down and wiping out some of the modest gains made at the start of the year.
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NewsReading shopping centre owner wins permission for residential development
The owner of Reading’s Broad Street Mall shopping centre has gained planning permission to add new retail space as well as residential accommodation as part of its regeneration project.
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NewsCoronavirus: Supermarkets slam health minister’s food supply claims
Supermarket sources have poured cold water on the health secretary’s claims that the government is working directly with grocers to manage food supplies in the event of a coronavirus outbreak.
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NewsCoronavirus: Retailers scramble to prepare for operational disruption
As the government warns a UK epidemic is “highly likely”, how is the retail sector preparing for the spread of coronavirus?
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NewsCMA warns of coronavirus price hike crackdown
The Competition and Markets Authority (CMA) has said it may ask for government intervention to regulate the cost of items such as hand sanitiser as coronavirus panic-buying increases.
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NewsWilko to slash sick pay for thousands of workers
Wilko is set to remove sick day payment for its warehouse and shop floor staff after their second absence within a year.
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NewsBoots halts Advantage Card payments following cyber attack
Boots has suspended the use of Advantage Card points in lieu of payment after hackers accessed almost 150,000 customer accounts.
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NewsAsos bolsters board with chief people officer appointment
Asos has snapped up former Sainsbury’s HR director Jo Butler as its new chief people officer.
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NewsJohn Lewis pays lowest bonus since 1953 as profits slump
John Lewis Partnership will pay staff its lowest bonus for more than 60 years after suffering a drop in full-year profits and a write-down in the value of its property.