All News articles – Page 421
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NewsJobs at risk as Jessops approaches administrators for property arm
Photographic retailer Jessops has approached administrators in a bid to salvage its struggling property arm.
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NewsFlipkart to launch online grocery business FarmerMart
Walmart-owned Flipkart has unveiled plans to enter the grocery market in its native India.
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NewsRetail business rates to increase by £137m
The BRC has warned that retailers face a £137m business rates hike from next April based on the latest figures from the government’s consumer price index (CPI), which will pile more pressure on the sector.
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NewsLidl to invest £15bn in UK supply chain over next five years
Lidl has committed to investing £15bn into UK businesses over the next five years, as the discounter aims to provide suppliers with “support and ability needed to invest and grow”.
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NewsTed Baker appoints new American boss
Fashion brand Ted Baker has hired former Scotch and Soda boss Ari Hoffman as the new chief executive of its US business.
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NewsCustomers ‘more mindful than ever’ of plastic, says John Lewis
UK consumers in 2019 waged war on plastic waste, focused more on convenience than ever before and followed the fashion trends they saw on television, according to John Lewis.
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NewsAsos profit tumbles despite increased sales
Asos has reported a nosedive in its profit before tax despite strengthening sales in its full-year results, with boss Nick Beighton warning of more work ahead to turn the business around.
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NewsAmazon rolls out new fashion search tool in UK
Amazon has rolled out its AI-powered fashion search tool to UK users of its mobile app, which enables customers to “shop visually” for the products they want.
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NewsThe Hut Group launches credit offer to bolster Christmas spend
The Hut Group has launched interest-free instalment payments across its own brands and ecommerce platforms.
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NewsGrocery sales grow as discounters increase market share
The grocery market continued its recovery with further growth, as discounters Aldi and Lidl solidified their combined market share.
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NewsThe Entertainer appoints ‘most significant’ role in recent years
The Entertainer has hired former TK Maxx and White Stuff director Julie Price as its chief transformation officer in what founder Gary Grant called its “most significant hire in recent years”.
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NewsLaura Ashley finance chief steps down after two decades
Laura Ashley’s long-serving chief financial officer Sean Anglim will step down from his role at the end of the year after more than 20 years with the clothing retailer.
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NewsSports Direct calls for probe into Nike and Adidas
Sports Direct has demanded a competition probe be launched into sportswear brands Nike and Adidas.
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NewsBRC welcomes government’s proposed crackdown on plastic
The British Retail Consortium has welcomed proposals put forward by the government in the Queen’s speech today aimed at cutting the use of plastic.
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NewsLidl hiring for digital role as it mulls online delivery service launch
Lidl is hiring for a digital project manager as the grocer is poised to launch its first online platform for customers.
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NewsMatalan profits dampened by ‘awful’ spring weather
Matalan has suffered a drop in second-quarter profit as political uncertainty and “awful” weather during spring dented earnings.
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NewsRetail braced for ‘worst Christmas since Woolworths collapsed’
Retail is bracing itself for the toughest Christmas in a decade as Brexit uncertainty, high property taxes and deep discounting grip the market just two weeks into the golden quarter.
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NewsSuperdry names Dunkerton permanent chief executive
Superdry has named Julian Dunkerton as its chief executive on a more permanent basis following six months in an interim role.
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NewsNike to drastically scale back retail supply deals
Nike is to end its supply agreements with dozens of independent retailers as it accelerates efforts to sell more of its products direct to consumer.
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NewsRetailers facing ‘sustained drop in footfall’ as September falls flat
The number of people visiting bricks-and-mortar locations has tumbled 10% over the past seven years, after September suffered a further decline in footfall.