All News articles – Page 435
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NewsOffice earmarks 15 loss-making stores for closure
Office is mulling the closure of 15 stores in the UK over the next two years as part of a wider turnaround strategy from parent company Truworths.
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News‘For sale’ sign raised over toy retailer Hawkin’s Bazaar
Toys and gadgets specialist Hawkin’s Bazaar has been put up for sale and offers are being sought for all or parts of the retailer.
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NewsTK Maxx owner quarterly sales and profits climb
TK Maxx’s parent company TJX has posted an uplift in second-quarter sales and income despite a decline in profit margin.
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NewsOverseas investors eye Morrisons and others due to weak pound
Stable retail businesses such as Morrisons are being eyed by overseas investors due to a drop in the price of sterling driven by ongoing uncertainty around Brexit, according to analysts.
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NewsGlobal Fashion Group sales rise and losses narrow
Global Fashion Group posted rising sales during its first half following the recent IPO.
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NewsHammerson appoints new chief financial officer
Hammerson has appointed a new chief financial officer who will also be made executive director on joining the company in September.
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NewsMike Ashley sacks Jack Wills boss Suzanne Harlow
Sports Direct tycoon Mike Ashley has sacked Jack Wills boss Suzanne Harlow, just weeks after buying the retailer out of administration.
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NewsJohn Lewis Partnership sales fall despite product launches
John Lewis Partnership’s weekly sales figures were affected by the ongoing “gloomy weather” despite a host of new products being launched across the group.
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NewsNotonthehighstreet appoints ex-HelloFresh boss as new CEO
Notonthehighstreet has appointed HelloFresh’s former UK boss Claire Davenport as its new chief executive as current CEO Barrie Seidenberg steps down for health reasons.
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NewsOcado notches up fastest growth in flat grocery market
Grocery sales were flat over the last three months when turnover declined at all of the big four grocers.
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NewsEstée Lauder sales spike amid rapid China growth
Estée Lauder has posted a spike in fourth-quarter sales, driven by its performance in China.
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NewsAsos asks suppliers for discounts in bid to cut costs
Asos has asked suppliers for discounts on its orders as the etailer bids to cut costs in the wake of a string of profit warnings.
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NewsBrits fail to pick up £228m of click-and-collect orders
British shoppers fail to pick up £228m of click-and-collect orders every year, new research has revealed.
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NewsAldi loses court battle with Charlotte Tilbury over ‘lookalike’ makeup
Discounter Aldi has lost a High Court battle with makeup artist and brand owner Charlotte Tilbury over a “lookalike” makeup line, with the judge describing the similarities between the two as “substantial”.
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NewsMonsoon chief stands down, will not be replaced
Monsoon Accessorize chief executive Paul Allen is to leave the retailer and will not be replaced.
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NewsPhilip Green set to settle Arcadia CVA challenges
Sir Philip Green is understood to be close to reaching out-of-court settlements of two challenges brought by landlords following its CVA.
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NewsMajestic Wine lures old boss Colley back from Kingfisher
Majestic Wine’s previous chief executive John Colley is understood to be returning to the retailer two years after departing under its new ownership.
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NewsLidl tells suppliers to cover no-deal Brexit costs
Lidl has written to British suppliers warning them they will bear the brunt of no-deal Brexit costs.