All News articles – Page 530
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NewsMonsoon losses shrink but sales remain flat
Monsoon managed to significantly shrink its losses in its last full year but sales remained stubbornly flat.
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NewsAsda sales rise for fourth consecutive quarter
Asda has registered its fourth consecutive quarter of sales growth as the earlier fall of Easter boosted its performance.
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NewsOcado pens landmark deal with US grocery giant Kroger
Ocado has entered into a deal with Kroger, through which it will build automated warehouses and supply software to the US supermarket chain.
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NewsMothercare launches CVA and rehires ousted Newton-Jones
Mothercare will swing the axe on more than a third of its stores through a Company Voluntary Arrangement (CVA) and has rehired ousted boss Mark Newton-Jones to spearhead the restructure.
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NewsShop Direct leaves City £55m out of pocket
Investors in Shop Direct have taken a hit after fears of a consumer credit crackdown triggered a sell-off in the company’s debt.
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NewsMissguided online boss Jones exits after eight months
Missguided’s online chief executive Gareth Jones has left the business after less than a year in the role.
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NewsMoss Bros hails 'improvement' despite sales decline
Moss Bros has suffered a further sales decline, but pointed to an “improvement” in performance as it grapples to turn around its fortunes.
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NewsBurberry profits rise in 'year of transition'
Burberry has posted an increase in full-year profitability as boss Marco Gobbetti hailed “promising early signs” in its transformation plan.
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NewsPoundworld founder Chris Edwards eyes rescue bid
Poundworld’s founder and former boss Chris Edwards is mulling a move to rescue the embattled business.
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NewsArcadia owner Taveta profits crash 42% as market bites
Arcadia owner Taveta suffered plunging profits last year amid a tough fashion market, which saw sales fall.
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NewsIkea names Quiñones as new UK boss to replace Drakeford
Ikea has named a new UK and Ireland boss as Gillian Drakeford prepares to move into its worldwide franchise business.
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NewsWickes axes 100 of its head office roles
Wickes is cutting 100 jobs in its head office team in a bid to drive cost efficiencies across the business.
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NewsRetail property market polarising, Landsec says
The divergence in performance between different types of retail locations is becoming ever more divergent, according to property giant Landsec.
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NewsAmazon Go to open more cashierless stores
Amazon is to open more of its cashierless ‘just walk out’ stores in the US.
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NewsRetail footfall tumbles at 'unprecedented' rate
Retail footfall dropped sharply in April as wet weather spurred declines in shopper numbers across high streets, retail parks and shopping centres.
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NewsMothercare to seek fresh investment for rescue plan
Mothercare is set to tap up investors to bolster its restructuring plan with the launch of equity share placing alongside its full-year results this week.
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NewsPoundworld parent TPG parks CVA plan in favour of sale
Poundworld’s owner has halted plans for a possible Company Voluntary Arrangement (CVA) after receiving expression of interest from prospective buyers.
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NewsAgenda: Asda, Mothercare and Burberry update the market
Retail Week looks ahead to the next seven days, with updates from Mothercare, Gear4Music and Asda on the agenda.
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NewsThe Hut Group obtains £600m loan to drive acquisitions
The Hut Group has secured a £600m revolving credit facility to supercharge its acquisition warpath and bolster its tech capabilities.
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NewsMPs launch new inquiry into health of high streets
Parliamentarians are to consider how to breathe new life into high streets that are suffering as online shopping grows and cost pressures increase.