All News articles – Page 418
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NewsCarrefour unveils Uzbekistan expansion plans
French retail giant Carrefour has unveiled plans to open seven stores in Uzbekistan over the next two years.
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NewsSports Direct criticises CMA over ‘inaccurate’ supply estimates
Sports Direct has lashed out at the CMA for publishing “inaccurate estimates” of its access to product as part of the watchdog’s phase two investigation into the JD Sports-Footasylum merger.
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NewsNext in-store sales fall but profit expectations remain unchanged
Next has reported a fall in full-price sales from stores but saw a big upturn in online sales in its third quarter, ensuring that its profit expectations for the year remain unchanged.
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NewsShop prices fall for fifth consecutive month, spurred by grocery
The rate of falling shop prices slowed in October as the inflation of ambient grocery products rose ahead of the 12-month average.
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NewsSchuh swings to loss after second ‘extremely challenging’ year
Schuh fell to a loss for the financial year, with the retailer blaming a “second consecutive year of extremely challenging conditions” in the sector.
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NewsAsda to increase basic pay as contract dispute goes to the wire
Asda has said it will increase the basic pay of its hourly-paid staff next April, as its dispute with thousands of its staff over their failure to sign new contracts rumbles on.
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NewsM&S presses button on instalment payments for shoppers
Marks & Spencer is to roll out an instalment payment option for online clothing and home customers.
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NewsTesco to launch Clubcard Plus subscription next week
Tesco will launch its Clubcard Plus loyalty subscription service next week as it bids to create “lifetime value” for shoppers by combining the different divisions of its business.
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NewsM&S launches menswear marketing campaign to ‘shout about changes’
Marks & Spencer has unveiled a new menswear marketing campaign to emphasise how its offer has changed and prompt a reappraisal by shoppers.
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NewsJohn Lewis trials first plastic bag-free store
John Lewis & Partners Oxford branch is poised to become the first department store to eradicate plastic bags.
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NewsWestfield owner reports increased footfall and sales
Unibail-Rodamco-Westfield registered increased tenant sales and “strong footfall growth” across all its locations.
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NewsOpenpay confirmed as Retail Week Live headline partner
Openpay has been confirmed as the headline partner for Retail Week Live 2020.
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NewsWalgreens Boots Alliance ups cost-cutting drive as full-year profits fall
Walgreens Boot Alliance (WBA) has recorded a decline in full-year profits despite increased sales in what chief executive Stefano Pessina described as “a challenging operating environment.”
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NewsUntuckit unveils UK expansion plan with two new stores
Untuckit has revealed it is opening two new stores in the UK as part of its worldwide expansion plan.
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NewsRetail stock levels reach record high stoked by Brexit fears
Retailers’ stock holdings versus anticipated sales have reached an unprecedented level, partly on the back of Brexit concerns, according to the CBI.
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NewsTesco to source energy directly from wind and solar farms
Tesco has unveiled plans to source green electricity directly from wind and solar farms and solar panels on 187 UK stores.
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NewsSosandar sales soar following ‘aggressive marketing strategy’
Sosandar has posted a jump in sales following investment in its marketing strategy and broadening product ranges.
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NewsLidl to spend £25m on electric vehicle charging points at stores
Lidl has said it plans to spend more than £25m installing rapid charging points for electric vehicles at 300 stores by 2022.
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NewsAsda refuses to remove sack threat as contract deadline looms
Asda has rejected calls to remove the threat of dismissal from thousands of staff who could be sacked this week if they fail to sign new contracts.
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NewsTopshop separates logistics from Arcadia Group
Arcadia has opened a new warehouse dedicated to Topshop and Topman products as Sir Philip Green ramps up efforts to separate the chains from the rest of his fashion group.