All News articles – Page 51
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NewsDeliveroo launches ‘Morrisons More’ loyalty scheme for grocery customers
Deliveroo has today launched Morrisons More loyalty scheme on its app for grocery customers, becoming the first app to integrate the scheme into its platform.
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NewsGoogle Retail reveals the top trending searches ahead of Mother’s Day
Google Retail has released its latest search trends consumer report ahead of Mother’s Day on March 30.
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NewsH&M profits hit by ‘negative external factors’ and increased markdowns
Swedish fashion giants H&M have reported a dip in profits in the first quarter, driven by “negative external factors”, increased markdowns of products and investment.
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NewsNext upgrades profits and sales guidance after strong start to the year
Next has upgraded its full price sales and pre-tax profit guidance for the current financial year after trading in the first eight weeks of the period were ahead of expectations.
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NewsSpring statement brings no new pain for retail – but no relief either
While today’s spring statement did not have any more unexpected tax rises in-store for retail, it also did not deliver any relief for a sector still coming to terms with the October Budget.
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NewsMorrisons sales jump as grocer ramps up cost-cutting targets
Morrisons’ sales for the first quarter jumped, as the retailer increased its cost savings target by £300m to £1bn in the “medium term”.
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NewsLakeland becomes latest acquisition target for Modella Capital
Lakeland has emerged as a takeover target for several investment groups, including Modella Capital, which owns Hobbycraft and The Original Factory Shop.
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NewsPandora is opening its fourth store on an iconic London shopping street
Jewellery retailer Pandora is opening its fourth store on London’s iconic Oxford Street.
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NewsUK inflation falls ahead of chancellor’s spring statement
Inflation across the UK has fallen further than expected ahead of chancellor Rachel Reeves’ spring statement later today.
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NewsRetailers slash staff perks as wage increase looms
Retailers have cut work perks for staff by as much as 60% ahead of the looming national minimum wage increase and other rising costs, according to new research.
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NewsVirgin Wines reports ‘resilient’ sales and profits as it targets £100m in revenue
Virgin Wines hailed “strong profitability” during the first half.
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NewsTHG completes £90m fundraise to support ‘strategic growth targets’
THG has completed a £90m fundraiser as it requested a debt refinancing and equity raise to support “strategic growth targets.”
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NewsAO profit expected to come in at top end of guidance
Electricals retailer AO expects its profit to come in at the top end of its guidance range as its adjusted profit before tax grows faster than sales.
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NewsWHSmith completes refinancing package
The retailer announced the completion of a £200m issue of US Private Placement (USPP) notes and a bank term loan of £120m.
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NewsKingfisher profit drops as ‘big ticket’ demand weakens
The retail group, which owns B&Q and Screwfix, reported a 7% fall in profit in 2024/25 with sales also declining on the year before.
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NewsCo-op to launch ‘biggest ever value campaign’
C-store specialist Co-op has waded into the looming UK grocery price war, launching its first-ever Aldi price match as part of its “biggest ever value campaign” launch ever.
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NewsFrasers Group bolsters presence in Asia with new Sports Direct stores
Sports Direct is expanding its global growth plans with new store openings planned across Southeast Asia and India.
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NewsB&Q launches value message marketing campaign
B&Q has unveiled a major new marketing push highlighting its commitment to affordability.
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NewsUniqlo ramps up UK expansion with raft of new store openings
Fashion giant Uniqlo is ramping up its UK expansion as it unveils raft of new openings this year.
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NewsMorrisons puts hundreds of jobs at risk as part of strategic review
Morrisons has put over 300 jobs at risk as it makes changes and adjustments to its stores and operations.