All News articles – Page 442
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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.
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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”.
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NewsJoules profits and sales climb in ‘strong’ year
Joules has reported soaring full-year profits and sales in what boss Colin Porter says was driven by “growth across channels and product categories, both in the UK and internationally”.
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NewsMcColl’s seeks ‘stability’ as profits nosedive
McColl’s has posted a decline in profits at the interim mark despite an uplift in sales as boss Jonathan Miller says the group plans to “refocus on retail execution”.
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NewsSainsbury’s teams up with Deliveroo for take away pizza trial
Sainsbury’s is set to partner with food delivery company Deliveroo to deliver freshly baked pizzas and snacks to customers’ homes from five stores across four UK cities.
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NewsSports Direct drops Debenhams CVA challenge
Sports Direct has withdrawn its legal challenge to Debenhams’ CVA – but will continue to fund the objection lodged by one of the department store chain’s landlords.
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NewsLego to open two new UK stores this year
Lego is set to open two new stores in the UK this year, both at flagship shopping centres owned by Hammerson.
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NewsCBI: New PM must bring in annual business rates reviews
The Confederation of British Industry has called on the next prime minister to deliver annual business rates revaluations, as part of a sweeping manifesto to “get the UK economy back on track”.
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NewsHomebase rescues Bathstore from administration
Homebase has rescued Bathstore from administration, taking on more than 40 of its stores and saving 154 jobs.
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NewsLiberty sold to private equity group in £300m deal
A controlling stake in Liberty has been sold by current owner BlueGem to private equity consortium Glendower Capital.
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NewsBen Sherman owner eyes Jack Wills acquisition
The owner of fashion label Ben Sherman, Marquee Brands, is among those eyeing a potential acquisition of troubled Jack Wills.
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NewsTed Baker founder Ray Kelvin considers backing buyout
Ted Baker founder and former chief executive Ray Kelvin is mulling support for a private equity buyout of the company, just four months after leaving following allegations of sexual harassment.
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NewsMarks & Spencer turns to McDonald’s for new people chief
Marks & Spencer has drafted in a new human resources director from fast-food specialist McDonald’s as it seeks to definitively transform its culture.
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NewsAgenda: Joules, B&M and Bonmarché update the market
Retail Week looks ahead to the next seven days with updates from Joules, Bonmarché and the Kantar/Nielsen figures on the agenda.
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NewsShopworkers’ union demands action on retail crime
Shopworkers’ union Usdaw has called on the Government to address soaring levels of shoplifting.
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NewsSales value and volume increased in June, ONS reports
Retail sales by both value and volume edged up during the month of June, according to the latest Office for National Statistics retail sales figures.
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NewsWaitrose offloads seven stores putting 700 jobs at risk
Waitrose & Partners is to pull down the shutters on seven branches as it focuses on profitability, affecting almost 700 employees.
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NewsOnline retail sales climb in June driven by fashion
Online sales bounced back in June, registering the strongest rate of growth so far this year bolstered by clothing.