All News articles – Page 429
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NewsH&M to sell third-party brands in strategic shift
H&M is to pilot selling products from external brands as it plots moves to compete more directly with the likes of Asos and Zalando.
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NewsGrocery market returns to growth as Lidl leads pack
The grocery market returned to growth in recent weeks, when value player Lidl generated the greatest sales rise among bricks-and-mortar retailers.
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NewsOcado sales rise as joint venture with Marks & Spencer goes live
Ocado Retail, the newly formed joint venture between the online grocer and Marks & Spencer, has posted an increase in quarterly revenue and orders, but the average order size edged down.
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NewsFrench Connection cuts losses and extends sale process
French Connection has reported reduced first-half losses and extended its strategic review and formal sale process for a second time, until the end of the financial year.
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NewsBe Inspired: Academy’s Boaten wins Woman of the Year
Alice Boaten, regional manager at Sainsbury’s Argos and member of Be Inspired’s Senior Leadership Academy, was named Woman of the Year at the Barclaycard Everywoman in Retail Awards this month.
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NewsLush and Patagonia to shut shops for global climate strike
Several retailers will be joining a global strike this week in solidarity with youth climate strikes led by 16-year-old activist Greta Thunberg.
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NewsAldi boss: Ecommerce to deliver £100m of sales by end of year
The chief executive of Aldi has hailed the “strong progress” being made by the discounter’s ecommerce business, saying it will deliver £100m of sales by the end of the year.
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NewsH&M sales boosted by ‘well-received’ summer collections
H&M has posted an increase in its third-quarter group sales which the retailer attributed to its work to meet “customers’ ever-increasing expectations”.
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NewsAsda profits surge as price and quality focus pays off
Asda has reported a rise in annual profits as improvement initiatives at the Walmart-owned grocer bore fruit.
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NewsKingfisher struggles to sell Russian and Iberian operations
Kingfisher’s exiting chief executive Véronique Laury is struggling to sell its Russian and Iberian arms of the business before she steps down later this month.
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NewsClintons owner calls in advisors as it mulls sale
The owner of greetings card retailer Clintons has called in KPMG to advise on a potential sale of the business.
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NewsAldi profits drop as it ramps up store investment
Aldi has suffered a fall in full-year profits after ramping up its investment into its store portfolio and slashing prices.
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NewsAgenda: Next, Kingfisher and Ocado update the market
Retail Week looks ahead to the next seven days with updates from Next, Kingfisher and Ocado all on the agenda.
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NewsMike Ashley swoops on Hertfordshire retail park in cut-price deal
Sports Direct tycoon Mike Ashley is poised to add a retail park in Hertfordshire to his growing list of acquisitions.
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NewsForever 21 vows to keep ‘vast majority’ of US stores
Forever 21 has vowed to continue operating “the vast majority” of its US stores despite suggestions it is about to file for bankruptcy.
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NewsSainsbury’s pledges to halve plastic packaging by 2025
Sainsbury’s has committed to cutting its plastic packaging use by 50%, in an “ambitious” plan to “help drive change across the industry”.
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NewsTopshop losses balloon to £500m as sales tumble
Topshop and Topman have slumped to a loss of more than half a billion pounds after suffering a fall in sales and booking a raft of one-off charges.
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NewsBoots sells Lovehoney products in new sexual pleasure category
Boots has partnered up with several adult toy and sexual health retailers for the launch of its new sexual pleasure and wellbeing category.