All News articles – Page 493
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NewsRetail CVAs increase seven-fold in 2018
The number of large retailers launching company voluntary arrangements (CVAs) increased seven-fold last year, according to Deloitte.
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NewsAgenda: Retailers update on Christmas trading
Retail Week looks ahead to the next seven days with festive figures from M&S, Tesco, John Lewis, Sainsbury’s and Morrisons all on the agenda.
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NewsM&S hires ex-Tesco Clubcard boss Andrew Mann
Marks & Spencer has drafted in the former boss of Tesco Clubcard, Andrew Mann, as its new head of insight and customer loyalty.
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NewsShop price inflation accelerates despite festive discounting
Shop price inflation accelerated at the highest rate for more than five years in December, despite widespread discounting in the build-up to Christmas.
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NewsGear4music cautions on profits despite Christmas sales spike
Gear4music has warned that full-year profits will fall “slightly below” those achieved last year, despite a spike in sales during the crucial Christmas quarter.
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NewsDobbies Christmas sales bloom as shopper numbers rise
Dobbies has posted an increase in Christmas sales as the business cashed in on growing shopper numbers.
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NewsWolfson: High street must wake up to 'new reality'
Town centres must change in recognition of the shifts transforming retail, according to Next chief executive Lord Wolfson.
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NewsApple warns on profits, blames China sales slowdown
Apple has reduced its first-quarter sales forecast over the crucial Christmas trading period as boss Tim Cook said the business did not anticipate China’s “economic deceleration”.
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NewsNext posts Christmas sales rise, trims profit guidance
Next has recorded an increase in fourth-quarter sales as strong trading in the run-up to Christmas “made up for disappointing sales in November”.
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NewsMissguided rejigs digital team as Wall departs
Missguided’s chief digital officer Jonathan Wall has been appointed as UK general manager at home security business Simplisafe.
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NewsCo-op eyes 100 new stores amid £200m investment
The Co-op is targeting 100 new shops across the UK in 2019 as part of a £200m investment into its convenience store portfolio.
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NewsJohn Lewis sales rise in crucial Christmas fortnight
John Lewis & Partners has posted an increase in sales during the final two weeks of December, boosted by a “very strong” Christmas Eve performance.
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NewsIceland faces £21m bill from HMRC over Christmas club
Iceland has been accused by HM Revenue & Customs of breaking minimum wage rules over a staff Christmas savings scheme.
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NewsSpecialist etailer Mahabis plunges into administration
Mahabis, regarded as a rising star of online retail, has collapsed into administration.
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NewsTK Maxx owner sues Mike Ashley's Sports Direct
TK Maxx owner TJX is suing Sports Direct amid claims that Mike Ashley’s business breached trademarks through the launch of its Brand Max fascia.
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NewsRetail job losses to hit 164,000 in 2019
More than 164,000 retail jobs will be lost in 2019, the Centre for Retail Research has warned.
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NewsHMV collapse is ‘red flag’ on business rates, boss warns
HMV’s fall into administration throws into stark relief the urgent need for business rates reform, its boss has said.