All News articles – Page 403
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NewsRetailers pledge donations in fight against Australian bushfires
Several retailers have pledged money to the appeal to support those fighting the devastating bushfires in Australia.
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NewsRetail CVAs decline with rise in administrations ‘sign of things to come’
The number of retailers entering into CVA has decreased year on year while administrations are on the rise.
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NewsIkea to open first UK city-centre store format
Ikea has unveiled plans to open a new smaller store concept as part of its plans to make the homeware giant more accessible.
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NewsTesco’s Lewis blames price cuts and promotions for ‘subdued’ market
Tesco boss Dave Lewis has blamed the “subdued” Christmas grocery market on widespread promotional activity and heavy investments in price, rather than the fragile consumer backdrop.
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NewsCard Factory warns on profits after weak Christmas
Card Factory has slashed expectations for the year to come and its financial year ending January 2021 following a “softer than anticipated Christmas trading period”.
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NewsBoots sales fall as Walgreens Boots Alliance profits decline
Boots has recorded a decline in first-quarter sales as parent group Walgreens Boots Alliance reiterated its full-year profit guidance despite a slump in operating income.
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NewsNaked Wines hails ‘good performance’ over Christmas as Gormley departs
Naked Wines has reported it had a “good performance” over Christmas with strong underlying revenue growth, as its founder and chief executive retires with immediate effect.
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NewsJohn Lewis boss Paula Nickolds exits and Christmas sales fall
Total sales at John Lewis department stores and sister grocery specialist Waitrose slipped over Christmas and longstanding director Paula Nickolds is to leave.
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NewsM&S posts ‘improved’ Christmas performance despite clothing decline
Marks & Spencer’s Christmas like-for-like sales edged up but total sales dipped despite its grocery arm “outperforming” the market.
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NewsDunelm hails ‘particularly strong’ Christmas results
Dunelm has registered increased sales and profits during the crucial golden quarter.
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NewsTesco sales inch up as it hails growth in ‘subdued UK market’
Tesco has reported slight increases in both total and like-for-like sales and a fifth consecutive Christmas of growth in what it described as a “subdued UK market”.
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NewsBRC: 2019 was ‘worst year on record’ for retail sales
Total sales for 2019 were the “worst on record” as the retail sector limped to the end of the year when Black Friday distortions were taken into account.
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NewsTed Baker’s lenders hire advisers to review struggling business
Ted Baker’s lenders have called in advisers to carry out an independent business review.
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NewsVictorian Plumbing hails ‘most profitable year to date’
Victorian Plumbing has registered soaring profits and sales during a record year.
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NewsGreggs to rollout delivery nationwide after successful trials
High street baking chain Greggs has confirmed it will roll out food delivery nationwide towards the end of this year, as it seeks to capitalise on changing customer behaviours and successful trials in 2019.
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NewsSainsbury’s boss Coupe to tackle ailing toys and gaming sales
Sainsbury’s boss Mike Coupe has hinted that the retailer could reduce its exposure to the challenged toys and gaming categories following a turbulent Christmas.
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NewsTopps Tiles posts quarterly sales fall
Topps Tiles has reported a decline in like-for-like sales in its first quarter, when political uncertainty hit trade.
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NewsShoe Zone suffers profit fall after tough year
Shoe Zone has posted a fall in annual profits and hit out at the burden of business rates.
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NewsGreggs celebrates strong end to ‘exceptional year’ with staff pay-out
Food-on-the-go specialist Greggs has posted a strong fourth-quarter performance and full-year profit will be ahead of expectations.
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NewsSainsbury’s sales edge down over Christmas as general merchandise hit
Sainsbury’s has reported a fall in sales over the Christmas quarter, when strong food sales were undermined by a decline in general merchandise.