All News articles – Page 446
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NewsMoonpig owner Photobox to cull over 5% of jobs
Photobox Group is streamlining its brands and putting 42 roles at risk of redundancy as it reorganises its personalised gifting businesses under two separate arms, Retail Week can reveal.
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NewsAgenda: Ocado, Superdry and Dunelm update the market
Retail Week looks ahead to the next seven days with updates from Ocado, Superdry and Dunelm on the agenda.
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NewsAmazon’s Deliveroo deal could face CMA probe
Amazon’s investment into online food fulfilment business Deliveroo has been thrown into doubt by the competition watchdog.
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NewsSainsbury’s boss Coupe gets shareholder backing at AGM
Sainsbury’s under-pressure boss Mike Coupe has been unanimously backed by the grocer’s shareholders, despite suffering a bruising AGM.
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NewsSports Direct’s Mike Ashley loses second key ally
Sports Direct boss Mike Ashley has lost a second key ally in the space of a week after the retailer’s company secretary stepped down.
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NewsAsda and Just Eat launch 30-minute grocery deliveries
Asda is to launch 30-minute grocery deliveries after extending its tie-up with Just Eat.
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NewsDixons Carphone to axe 140 jobs in transformation drive
Dixons Carphone is to axe 140 jobs across its central functions as boss Alex Baldock ramps up his transformation plans.
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NewsThe Uptick: High-flying leaders and high street heroes
Welcome back to The Uptick, Retail Week’s monthly newsletter bringing a fresh perspective on retail to your inbox by focusing on the stories, people, innovation and inspiration that make the sector such a vibrant place to be.
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NewsGame management to sell shares to Ashley
Game’s management has told its shareholders to accept the offer of 30p per share made by Sports Direct mogul Mike Ashley.
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NewsPrimark new space drives growth as like-for-likes shrink
Primark sales have risen thanks to new space as like-for-likes declined over the past three quarters.
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NewsSuperdry hires former M&S and New Look finance chiefs
Superdry has hired the former chief financial officers of M&S and New Look to its board.
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NewsMonsoon Accessorize CVA passed by creditors
Monsoon Accessorize’s CVA has been passed by its creditors, paving the way for hefty rent reductions at around half of its stores.
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NewsSosandar sales rocket as losses narrow
Sosandar has registered a surge in sales and narrowed losses during its full-year results as it “continues to expand its product range” to fuel “future growth”.
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NewsCoupe: ‘You couldn’t choose a worse date’ for Brexit
Sainsbury’s chief executive Mike Coupe has lamented the timing of Brexit and insisted “you couldn’t choose a worse date” than October 31 for Britain to leave the EU.
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NewsThe Hut Group sales and profits soar in ‘landmark year’
The Hut Group has posted an uplift in full-year sales and profits bolstered by international growth as the retailer scaled up investments across its brands and technology.
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NewsThe Works profits dip as like-for-like sales rise
The Works reported a decline in its profit before tax, despite an increase in its like-for-like sales.
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NewsTopps Tiles like for likes increase in third quarter
Topps Tiles has reported a rise in like-for-like sales in its third quarter and improved trading from the levels reported in the first half of the year.
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NewsSainsbury’s sales fall in ‘tough’ first quarter
Sainsbury’s like-for-like sales fell by 1.6% in the first quarter, as the grocer struggled in what it described as a “tough market”.