All News articles – Page 405
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NewsAgenda: John Lewis, Sainsbury’s, M&S and Tesco update the market
Retail Week looks ahead to the next seven days, which include updates from Topps Tiles, Shoe Zone, Greggs, Morrisons and Card Factory.
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NewsM&S launches athleisure range to woo younger shoppers
Marks & Spencer is rolling out a 150-piece sportswear collection today in a bid to cash in on the booming athleisure market.
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NewsNext edges up profit guidance as Christmas sales beat expectations
Next has recorded an increase in full-price sales over the festive period ahead of internal expectations, spurred by online, and has upped its full-year guidance as a result.
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NewsRetail discounts deepen in December in bid to lure shoppers
Shop prices fell in December as non-food prices dropped significantly below the 12-month average for the fifth consecutive month.
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NewsTopshop to close Westfield Stratford store after lease expires
Topshop in the Westfield Stratford City shopping centre is set to shut after its lease runs out.
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NewsRetailers report subdued Christmas spend as footfall plummets
Retailers registered tough trading during December as footfall declined throughout the crucial post-Christmas period.
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NewsOnline returns set to spike on ‘Takeback Thursday’
Returns of online purchases are set to spike today as shoppers seek refunds or exchanges on unwanted Christmas gifts.
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NewsMusic sales hit highest level since 2006 but CDs plummet
Music sales hit their highest level since 2006 in the UK last year, despite sales of physical CDs continuing to plummet.
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NewsReliance takes on Amazon and Flipkart with JioMart launch
Indian retail giant Reliance Industries has launched an ecommerce platform to challenge Amazon and Walmart-owned Flipkart in its homeland.
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NewsCo-op unveils online expansion and vegan products push
The Co-op is extending its online reach with the roll-out of same-day delivery services accompanied by the launch of a vegan range.
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NewsJohn Lewis weekly sales fall as shoppers shun tech promotions
Sales at John Lewis & Partners department stores slid last week but there was a strong rise at grocery stablemate Waitrose & Partners.
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NewsEthical spending surges to record heights
Consumer spending on ethical products has rocketed over the last two decades, outpacing wider household expenditure.
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NewsRetail industry forecast to grow in 2020
Retail is expected to grow 1% in the new year, helped by post-election political stability that should boost consumer confidence.
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NewsNext saviour Sir David Jones dies
Sir David Jones, credited for saving Next from collapse, has died aged 76.
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NewsFashion retailer Joy on brink of collapse for third time
Joy, the fashion and accessories specialist, looks likely to plunge into administration and become the first retail collapse after Christmas.
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NewsRetailers recognised in New Year Honours List
Retailers in fields ranging from fashion to grocery and health and beauty were recognised in the New Year Honours list.
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NewsRetail job losses reach highest level in more than two decades
Almost 150,000 retail jobs were lost in 2019 as the industry battled high costs and changing shopping habits.
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NewsAmazon-Deliveroo deal to face in-depth competition investigation
Amazon’s investment in online food delivery specialist Deliveroo will be subject to an in-depth investigation over competition concerns.
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NewsRetail delivery by drone moves closer to reality
An official trial will begin early in the new year that could be a big step towards retail order delivery by drone.
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NewsHedge funds gamble against retail big names
Hedge funds are betting that big-name retailers’ share prices will fall as the industry faces continued tough conditions.