All News articles – Page 441
-
NewsHouse of Fraser closures loom as Ashley’s Sports Direct takes hit
Sports Direct has laid bare the scale of problems at House of Fraser, the department store business it bought out of administration last year, as it posted a fall in full-year earnings.
-
NewsDebenhams boss reassures staff amid Sports Direct results fiasco
Debenhams executive chairman Terry Duddy has told staff that speculation about an administration is “misplaced” and that attempts involving Sports Direct to derail a turnaround will not divert its strategy.
-
NewsAgenda: Next, Pets at Home and Travis Perkins update
Retail Week looks ahead to the next seven days with updates from Next, Pets at Home, Travis Perkins, Hammerson and Intu all on the agenda.
-
NewsOcado creates 300 jobs with new customer service hub
Ocado is set to create 300 new jobs when it opens a new customer service hub based in the centre of Sunderland.
-
NewsMothercare warns on profits as it seeks to offload UK arm
Mothercare has warned that its full-year losses are likely to be in line with its previous financial year’s as it kicks off talks to sell struggling UK stores.
-
NewsAmazon misses profit forecasts while Prime costs bite
Amazon has reported lower-than-forecast second-quarter profits as it ploughed investment into its one-day delivery services.
-
NewsIceland becomes first grocer to ban plastic bags in pilot
Iceland has become the first major supermarket to entirely remove plastic bags from one of its stores, as part of a pilot programme in London.
-
NewsFindel makes ‘solid start to the year’ ahead of AGM
Findel has said it has made a “solid start to the year” and its full-year financial guidance remains unchanged, ahead of its AGM this afternoon.
-
NewsDemand for retail property in London plummets
Demand for retail property in London is approaching lows last seen after the 2008 financial crash, according to new research.
-
-
NewsTesco to quit using plastic bags for grocery deliveries
Tesco is to stop using plastic carrier bags to deliver its groceries as the war on single-use plastics steps up.
-
NewsBRC calls for ‘high street rethink’ as retail employment falls
The British Retail Consortium has called on the new prime minister to “rethink the high street strategy” as retail jobs decline across the country.
-
NewsCMA kicks off probe into JD Sports’ Footasylum acquisition
The Competition and Markets Authority (CMA) will kick off an investigation into JD Sports’ acquisition of rival Footasylum tomorrow.
-
NewsAlibaba opens up online platform to American sellers
Alibaba is opening its online platform allowing American companies to sell its products to small businesses around the world.
-
News
B&M posts ‘record-breaking’ sales
B&M has posted increased sales during its first quarter which boss Simon Arora hailed as its “third consecutive record Easter trading period”.
-
NewsCard Factory appoints former Tesco director as CCO
Card Factory has recruited a new chief commercial officer following the recent exit of executive commercial director Lousie Hoste.
-
-
NewsCBI and BRC welcome Johnson but warn of challenges
The Confederation of British Industry and British Retail Consortium have welcomed the appointment of Boris Johnson as the new prime minister but warned of the issues facing business and retail more widely.
-
NewsSupermarket sales decline for first time in two years
Grocery sales have declined for the first time since June 2016, according to the latest data from Kantar Worldpanel.
-
NewsUK retail industry conditions on brink of all-time low
The health of the UK retail sector is on the cusp of hitting record lows as businesses battle “some of the toughest trading conditions they have experienced”.

















