All News articles – Page 520
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NewsM&S unveils start-up investment venture
Marks & Spencer has struck a joint venture to discover and develop start-ups in its latest initiative to build its digital operations.
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NewsEx-House of Fraser boss Don McCarthy dies, aged 63
Former House of Fraser executive chairman Don McCarthy has died at the age of 63 following a battle with cancer.
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NewsTesco prepares to launch discount chain within weeks
Tesco could launch a new discount chain as early as September as Britain’s biggest grocer prepares to go toe-to-toe with Aldi and Lidl.
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NewsAmazon's Gurr warns of 'civil unrest' over Brexit
Amazon’s UK boss Doug Gurr has warned there will be “civil unrest” if Britain leaves the EU without a trade deal.
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NewsHouse of Fraser landlords launch legal challenge to CVA
Landlords have lodged a legal challenge in a bid to overturn House of Fraser’s company voluntary arrangement (CVA).
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NewsAgenda: Joules, McColl's, Hammerson, grocery data
Retail Week looks ahead to the next seven days, with updates from Joules, McColl’s, property giant Hammerson and Kantar-Nielsen all coming up.
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NewsRetail sales dip in June, strongest quarter since 2015
Retail sales edged down in June as shoppers prioritised the World Cup and hot weather over non-food purchases.
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NewsBurberry destroys £29m of stock to avoid discounting
Burberry burned £28.6m worth of clothing, accessories and perfumes last year in favour of selling them at a cut price and risking damage to its brand.
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NewsPoundworld axes warehouses and all shops, 2,600 jobs lost
Poundworld is set to axe over 2,600 jobs across its distribution centres, as well as shuttering its remaining 190 stores.
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NewsAo.com sales up but weaker demand hits June performance
Electricals retailer Ao.com’s UK sales jumped 8% in its first quarter but sales in June slowed due to weaker consumer demand.
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NewsSports Direct takes £85m hit on Debenhams stake
Sports Direct full-year profits plunged as it took a £85.4m hit on its near-30% Debenhams stake over the year.
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NewsM&S ramps up digital transformation with Octopus deal
Marks & Spencer has joined forces with Octopus Energy to revamp its energy supply business as part of its wider digital transformation plan.
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NewsHotel Chocolat tastes sales success in ‘strong’ year
Hotel Chocolat has posted an increase in full-year sales, boosted by the opening of 15 new stores and its growing online customer base.
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NewsWalmart extends Microsoft tie-up to drive digital shift
Walmart has extended its partnership with Microsoft as part of the drive to “accelerate” its digital transformation.
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NewsPoundworld closes further 40 stores
Poundworld has unveiled its third round of store closures in a week as the beleaguered value retailer continues to seek a buyer.
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NewsJohn Lewis sales slump due to hot weather and World Cup
John Lewis recorded a drop in its weekly sales as strong sales of summer products failed to offset declines in its home division.
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NewsAsda warehouse closure plans put 260 jobs at risk
Asda has entered into consultation with more than 260 employees amid plans to shutter one of its fulfilment centres.
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NewsGoldsmiths owner Aurum posts sales and profits jump
Jewellery and watches retail group Aurum has reported a jump in sales and profits for the year as it eyes a stock market flotation.
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NewsSainsbury’s and WHSmith launch food-to-go trial
Sainsbury’s will supply a “limited range” of its food-to-go offer in a handful of WHSmith’s stores on a trial basis.
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NewsTesco’s Carrefour tie-up set for French watchdog probe
The proposed tie-up between Tesco and Carrefour and its impact on their respective consumers and suppliers will be scrutinised by the French anti-trust authority.