All News articles – Page 464
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NewsConsumer confidence still negative in April
Consumer confidence remained negative but stable during April, according to the GfK Consumer Confidence Index.
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NewsElectrical fault caused Ocado Andover warehouse fire
Ocado said an electrical fault with one of its battery charging units caused the February fire at its Andover customer fulfilment centre, in a circular for investors ahead of a meeting regarding its impending tie-up with Marks & Spencer.
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NewsSainsbury's opens first till-free grocery store in UK
Sainsbury’s has today opened the first till-free grocery store in the UK in central London, following a number of trials with pay-and-go technology in other convenience stores.
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NewsRetail rents fall as tough trading conditions take toll
The harsh trading environment drove down retail rents on prime properties in the first quarter of this year.
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NewsKurt Geiger owner weighs up sale to US fashion powerhouse
The owner of upscale shoe specialist Kurt Geiger is mulling a £450m sale of the retailer to a US fashion group.
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NewsArcadia bank to act as guarantor to suppliers
A banker to Sir Philip Green’s troubled Arcadia fashion empire has agreed to act as a guarantor to suppliers.
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NewsAgenda: Sainsbury's, Next and N Brown update the market
Retail Week looks ahead to the next six days with updates on the agenda from Sainsbury’s, Next and N Brown.
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NewsDebenhams launches CVA as torrid trading continues
Debenhams has launched its CVA proposal and revealed trading has continued to suffer, with like for likes spiralling in the six months to March.
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NewsCotswold Outdoor owner launches CVA in bid to slash rents
Cotswold Outdoor’s parent company Outdoor & Cycle Concepts has launched a CVA proposal in a bid to stem falling profits, Retail Week has learned.
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NewsAmazon posts record profits as first-quarter income doubles
Amazon has posted its fourth successive quarter of record profits as its first-quarter income more than doubled.
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NewsLaura Ashley issues second profit warning this year
Laura Ashley has issued its second profit warning this year after cautioning full-year profits would come in “significantly below market expectations.”
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NewsSuperquinn chain founder Feargal Quinn dies
Retailer and former Irish senator Feargal Quinn has died at home following a short illness.
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NewsShop Direct transfers returns centre to logistics provider
Shop Direct will be transferring its Greater Manchester returns and fulfilment centre to Clipper Logistics, ahead of plans to shut three of its sites by 2020.
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NewsCarpetright 'will be profitable next year'
Carpertright is on track to be profitable next year after reporting a “significant improvement” in like for likes during its fourth quarter.
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News75,000 retail jobs lost in first three months of 2019
75,000 retail jobs were lost in the first quarter of the year, as bricks-and-mortar retailers continue to be affected by increasing online sales.
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NewsSainsbury's-Asda merger blocked by CMA
The CMA has blocked the proposed mega-merger between Sainsbury’s and Asda, which would have created a £10bn grocery giant.
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