All News articles – Page 445
-
-
NewsJohn Lewis sales jump driven by fashion clearance
John Lewis’ sales jumped last week off the back of strong results across its fashion range, but Waitrose struggled across its categories.
-
NewsExclusive: Sainsbury’s Argos execs Steel and Kibble to exit
Sainsbury’s Argos executives Mark Steel and Gary Kibble are both leaving the business, Retail Week can reveal.
-
NewsDunelm sees ‘significant opportunity’ after sales soar
Dunelm has posted a rise in quarterly sales and is confident that full-year profits will come in at the top end of expectations.
-
NewsSuperdry plunges into loss as Dunkerton ‘steadies ship’
Superdry has slid into the red after a tough year at the end of which founder Julian Dunkerton took control after staging a boardroom coup.
-
-
NewsAsda staff set for £62m windfall from share scheme
Around 25,000 Asda staff have pocketed a share of £62m from a share save scheme with the grocer’s parent company that came into effect in 2016.
-
NewsSainsbury’s-Asda merger blocked for 10 years
The competition watchdog has blocked Sainsbury’s and Asda from joining forces for 10 years, rubbing salt into the wounds of their failed merger bid.
-
NewsRetail sales slide in 'worst June on record'
Retail sales declines in June dragged the 12-month average increase to the lowest since records began as BRC boss Helen Dickinson warns of a “bleak” sector outlook.
-
NewsOcado profits hit by Andover fire as sales climb
Ocado posted a fall in half-year profits due to costs associated with the fire at its Andover warehouse, but sales rose as boss Tim Steiner hailed “innovation” at the grocer.
-
NewsPrimark founder and chair Arthur Ryan dies
Primark founder, chair and former chief executive Arthur Ryan passed away today following a short illness.
-
NewsJack Wills owner canvasses buyer interest
Fashion retailer Jack Wills’ private equity owner BlueGem is soliciting interest in the business from potential buyers.
-
NewsTrafficking gang used slaves to supply top UK grocers
Retailers including Tesco, Marks & Spencer and Asda were supplied goods from supply chains that used slaves from the UK’s largest human trafficking network.
-
NewsDebenhams’ CVA opponent drops legal challenge
Property investment firm M&G Real Estate has withdrawn its court action against Debenhams’ CVA.
-
NewsMatalan warns on margins as discounting rises
Matalan has reported a rise in first-quarter sales and earnings but cautioned that price-cutting is taking a toll on margins.
-
NewsGreen’s overseas assets targeted by pensions watchdog
Sir Philip Green’s overseas assets could be plundered by The Pensions Regulator as it bids to secure payments promised to the Arcadia pension scheme.
-
NewsTesco to launch 750 c-stores in Thailand expansion push
Tesco is preparing to fire the starting gun on an ambitious expansion plan in Thailand that will see it open 750 convenience stores over the next three years.
-
NewsAsos could axe 100 jobs as profits crash
Asos is poised to axe around 100 jobs at its London head office as the business grapples to revive slowing sales.
-
-
NewsMonsoon Accessorize to cut up to 50 roles
Monsoon Accessorize will make up to 50 staff redundant as part of ongoing efforts to restructure the business.