All News articles – Page 507
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NewsBoots' fourth quarter sales fall as beauty stutters
Boots has recorded declines across its beauty and pharmacy sales, which Walgreens Boots Alliance attributed to “lower prescription volume and a decline in UK pharmacy funding”.
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NewsHamleys plunges to £12m loss as sales fall
Hamleys has swung to a full-year loss in what chief executive Ralph Cunningham described as “one of the most challenging years in UK retail history”.
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NewsCoast collapses into administration, 300 jobs at risk
Coast has tumbled into administration following “difficult trading conditions”, putting 300 jobs at risk.
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NewsN Brown sustained by financial services as product flops
N Brown was carried by its financial services performance in its half years with product revenues falling.
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NewsWHSmith to close high street stores amid falling profits
WHSmith’s high street profits and sales fell during its last year, with the business boosted by its travel arm.
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NewsAsos launches voice shopping with ‘Enki’
Asos has launched voice shopping on Google with its shopping assistant ‘Enki’, becoming one of the first fashion retailers to do so
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NewsTK Maxx profits drop as it ramps up store estate
TK Maxx has recorded a decline in its full-year profits as it ploughed investment into its IT proposition and bolstered its bricks-and-mortar network.
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NewsPets at Home poaches Royal Mail exec for new data role
Pets at Home has snapped up the Royal Mail’s chief data officer Robert Kent to take on the same role, which is a newly created appointment for the retailer.
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NewsWilko swings to red as exceptional costs rack up
Wilko posted a pre-tax loss due to one-off costs as sales rose, in what chief operating officer Sean Toal described as a “tough trading environment”.
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NewsMySale to take buy-now, pay-later scheme to market
MySale is planning to offer its proprietary buy-now, pay-later technology to the rest of the industry.
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NewsSelfridges Group names Pitcher boss amid senior changes
Selfridges had made a raft of changes to its top management team as it prepares for further growth.
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NewsMaplin creditors braced for huge losses
Maplin’s creditors will receive just a fraction of the cash they are owed following the electricals specialist’s collapse into administration.
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NewsRetail sales suffer ‘summer hangover’ in September
Retail sales dipped in September as constrained consumer spending drove the industry’s poorest performance in five months.
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NewsTapi losses widen amid rapid store expansion
Tapi has suffered widening full-year losses as it pressed ahead with its aggressive store expansion plan.
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NewsMountain Warehouse abandons Zakti store format
Mountain Warehouse is abandoning its Zakti standalone store format and will rebrand all of its existing shops in a reshuffle of its estate.
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NewsM&S boosts food leadership team with key hires
Marks & Spencer has made a number of senior appointments to its food team as food managing director Stuart Machin aims to transform the division.
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Boux Avenue appoints first chief executive
Lingerie and womenswear retailer Boux Avenue, which is owned by retail entrepreneur Theo Paphitis, has appointed Michael Kerr as its first chief executive.
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NewsAmazon seeks UK properties for Go stores
Online powerhouse Amazon is on the hunt for UK retail properties for its checkout-free grocery arm, Amazon Go.
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NewsFrench Connection sale on cards as Marks eyes exit
French Connection founder Stephen Marks is seeking to sell his 42% stake in the fashion retailer.
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NewsTesco boss Lewis urges tax on products sold online
Tesco chief executive Dave Lewis has urged a tax on products sold online to prevent bricks-and-mortar retailers being destroyed by etail competitors.