All News articles – Page 50
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NewsLord Kalms, the retail giant who built Currys, has died
Lord Stanley Kalms, the retail entrepreneur who changed the face of retail, has died aged 93.
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NewsIkea to launch new ‘refreshingly compact’ store format
Ikea has snapped up several Homebase units to launch a handful of new format stores, Retail Week can reveal.
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NewsShop prices stay deflated for most non-food categories
Shop prices remained deflated in March, with most non-food categories driving this fall despite retailers facing increased costs from the budget.
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NewsMajestic buys wine supplier to ‘turbocharge’ business
Specialist retailer Majestic Wine is to acquire a leading wine and spirits supplier as it prepares for a new business phase.
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NewsAsda launches facial recognition trial to combat retail crime
Grocer Asda has begun trialling live facial recognition at five stores in a bid to assess how the technology can help it battle spiking rates of retail crime.
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NewsMother’s Day 2025 drives more shoppers to stores
UK shoppers were keener to get what they needed for Mother’s Day this year, with footfall rising for all shopping destinations across the weekend.
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NewsPrimark boss resigns following investigation into behaviour
Primark’s chief executive has resigned from his role with immediate effect following an investigation carried out by owner Associated British Foods (ABF).
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NewsPets at Home cuts next year’s profit guidance due to costs from Budget
Pets at Home has reduced its profit guidance for the next financial year as it battles cost increases stemming from the Budget.
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NewsAsda IT upgrade costs expected to pass £1bn this year
Asda’s IT upgrade is set to surpass £1bn this year, adding more costs to the supermarket as it embarks on a turnaround.
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NewsM&S kicks off £50m investment in North West stores
Marks & Spencer has begun an investment programme in new and upgraded stores in the North West of England, creating hundreds of jobs, Retail Week can reveal.
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NewsFormer Nisa director named head of rebranded Co-op wholesale business
The Co-op has launched a new wholesale business and placed a former Nisa director as its head as the brand looks to “reaffirm its commitment to the independent retail sector”.
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NewsBoohoo vows to push forward with Debenhams rebrand despite Frasers Group intervention
Boohoo has vowed to push forward with its plans to rebrand the group to Debenhams, despite Frasers Group thwarting its efforts to pass a resolution on the subject at today’s general meeting.
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NewsTikTok Shop head of UK says European expansion is a ‘natural step’ for growth
TikTok Shop’s head of UK Jan Wilk told Retail Week that expanding in Europe is a “natural step” in the platform’s growth journey.
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NewsModella Capital lays out plans for WHSmith after acquiring its high street arm
Private equity firm Modella Capital has laid out its plans for the WHSmith high street business, which was acquired in a £76m deal.
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NewsUK retail sales rise for the second consecutive month, according to the ONS
UK retail sales inched up in February, marking the second consecutive month of growth, according to the Office for National Statistics (ONS).
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NewsWHSmith sells UK high street business to private equity firm and rebrands to TGJones
WHSmith has made the decision to sell its UK high street business to a private equity firm in a £76m deal as it focuses on becoming a pureplay global travel retailer.
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NewsDecathlon has named a new chief executive
Sportswear and equipment specialist Decathlon has today announced the appointment of a new chief executive officer.
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NewsThe Very Group to launch new beauty hub driven by tech transformation
Online retailer The Very Group is launching a new platform dubbed “Beauty Inspiration Hub” driven by its new tech overahul through its cloud-based system.
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NewsAsda invests £80m in raising frontline staff pay
The supermarket said this brings its total investment in staff pay to half a billion pounds since 2021.
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NewsHigh-profile Asda director makes surprise exit
Exclusive: A member of Asda’s executive committee who has played a frontline role in its price offensive is leaving the grocer, Retail Week can reveal.