All News articles – Page 5
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NewsIkea sees sales decrease in UK, citing weak economy
The furniture retailer announced retail sales of £2.25bn in its 2025 financial year, which runs to August, down by 2.1% on the year before.
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NewsBain forecasts “subdued” festive sales growth in the UK
The management consultancy firm says that “poor consumer confidence and ongoing economic uncertainty” means most sales growth with likely be due to inflation, with sales volumes set to decrease, Retail Week can reveal.
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NewsSuperdrug partners with Pure Seoul for first step into international beauty
Superdrug has partnered with Korean beauty retailer Pure Seoul to bring hundreds of items to its roster as it makes its first major step into international beauty products.
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NewsJohn Lewis sets up supplier brands platform to accelerate new launches
Department store group John Lewis has gone live with a new supplier brands platform as it aims to provide customers with more choice, faster.
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NewsProCook posts record first-half performance
ProCook has seen sales climb for its eighth consecutive quarter as its store and marketing strategies pay off.
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NewsOcado Group appoints first chief revenue officer
Ocado Group has appointed its first chief revenue officer as it embarks on a shake-up.
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NewsBiggest festive retail recruiters revealed amid record-breaking job search figures
The recruitment platform revealed that jobseeker searches for Christmas roles in the UK were up 28% year on year, the highest level it had seen since comparable data began in 2018.
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NewsTed Baker expands into activewear with new collection
Fashion brand Ted Baker is expanding into sportswear for the first time as it unveils its debut premium activewear collection.
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NewsQuiz plots store expansion following sales growth
Quiz is planning to open up to 10 new retail outlets over the next 12 months as store sales continue to surge.
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NewsGrocery price inflation back over 5% in September
Meat, coffee and chocolate are driving up till prices, according to the latest figures from Worldpanel by Numerator, covering the four weeks ending October 5.
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NewsSosandar returns to revenue growth in first half
Fashion retailer Sosandar has reported that it was back in growth in the first half of its financial year.
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NewsMarks & Spencer extends chair Archie Norman’s tenure
Marks & Spencer chair Archie Norman is to stay in post for an extended period so the retailer can benefit from his “continued strong leadership”.
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NewsTemu EU profits more than double as low prices draw customers
Online giant Temu’s EU business more than doubled pre-tax profits last year to almost $120m.
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NewsTHG reports ‘best quarter’ of trading in four years
Online beauty and nutrition group THG has reported its “strongest quarter of organic sales growth” since 2021.
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NewsRetail sales growth slows as Budget uncertainty and weather delay spending
The rate of retail sales growth moderated in September as factors such as a looming Budget and warm weather affected trading conditions.
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NewsFMCG brands dominate top 30 fastest growing retailers in the UK
Food and drink brands dominate the list of the top 30 fastest growing retailers, according to exclusive data shared with Retail Week.
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NewsThe Cotswold Company to open first retail park store
The Cotswold Company is to open a retail park store, a first for the premium furniture retailer.
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NewsScrewfix launches loyalty programme with member-only deals
Screwfix has launched a new loyalty programme which offers member-only deals, rewards and more.
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NewsAsda commits further to price cuts with over 200 more lines reduced
Asda has made further commitments to price cuts with over 200 more lines reduced, just a few days after announcing previous price cuts.
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NewsIceland boss says private equity firms causing ‘death of the high street’
Iceland boss Richard Walker has said private equity ownership in the UK has caused more damage to retail than any other entity.