All News articles – Page 463
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NewsIkea hires former Clas Ohlson boss to lead UK business
Ikea has appointed former Clas Ohlson chief executive Peter Jelkeby as its new UK and Ireland country retail manager.
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NewsLandlords demand bigger Arcadia stake in exchange for CVA vote
A host of Britain’s biggest property owners have joined forces to demand a larger equity stake in Arcadia, should the fashion group push forward with a CVA.
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NewsOcado investors hit out at executive pay
A quarter of Ocado’s shareholders rebelled against the etailer’s renumeration plan for its directors at its annual general meeting.
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NewsKlarna rolls out 'buy now, pay later' to stores
Klarna has unveiled plans to extend its ‘buy now, pay later’ scheme to in-store payments.
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NewsThe Hut Group snaps ups luxury hotel chain
The Hut Group has acquired boutique hotel group Eclectic Hotels in a bid to drive exposure of its beauty and wellbeing brands.
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NewsThe Uptick: DNA, Disney and DIY turnarounds
Welcome back to The Uptick, Retail Week’s latest newsletter designed to offer a fresh perspective on the sector as we seek out the stories, people, innovation and inspiration that makes retail such a vibrant place to be.
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NewsWatches of Switzerland considers IPO as sales rise
Watches of Switzerland will consider a float after posting an increase in sales for its fourth quarter.
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NewsZalando sales and profits rise in 'strong' first quarter
Zalando has posted an increase in sales and profits and gained more customers during its first quarter.
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NewsN Brown profits edge up despite sales decline
N Brown has posted an uptick in full-year profits despite a decline in sales as boss Steve Johnson said a refocus of the group’s strategy is “now required”.
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NewsShop price inflation slows due to surge in discounts
Shop price inflation slowed for both food and non-food goods in April, driven by “double the number” of products on discount.
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NewsSelfridges names new chair to lead next phase of growth
Selfridges has promoted Alannah Weston to chair of the department store group with immediate effect.
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NewsSainsbury's Coupe vows to stay despite failed Asda deal
Sainsbury’s boss Mike Coupe has vowed to fight on despite the collapse of the grocer’s proposed merger with Asda.
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NewsTesco urges online sales tax to fund business rates cut
Tesco has called for a 2% online sales tax to help fund a 20% business rates cut.
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NewsNext overperforms after online drives sales
Next has reported rising sales despite falling store figures thanks to its online business.
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NewsSainsbury’s profit nosedives as Asda deal costs mount
Sainsbury’s pre-tax profits have plummeted with like-for-likes dipping in its full-year results.
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NewsSainsbury’s reclaims second spot on grocery ranking
Sainsbury’s has edged out Asda as the second-biggest UK grocer this month after being usurped for the first time since 2015 in March, according to the latest data.
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NewsArcadia board to hold crunch restructuring meeting today
Arcadia’s board is set to meet today to discuss the future of Sir Philip Green’s embattled fashion chain, as it eyes a possible company voluntary arrangement.
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NewsUpdated: Tesco launches 'Clubcard prices' discounts
Tesco will offer its Clubcard holders discounts at the checkout on a host of products from next week to celebrate its centenary.