All News articles – Page 541
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NewsJohn Lewis to launch Madewell brand in UK
John Lewis is to launch US denim brand Madewell in the UK in its new shop at Westfield White City.
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NewsAgenda: Ocado, Kingfisher, ScS, Ted Baker and Next
Retail Week looks ahead to the next seven days, with updates from Ocado, Kingfisher, ScS, Ted Baker and Next on the agenda.
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NewsCarpetright mulls CVA as part of turnaround mission
Struggling flooring specialist Carpetright is being advised by Deloitte about possible restructuring options including a company voluntary arrangement (CVA), Retail Week understands.
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NewsH&M sales slow in first quarter despite store openings
H&M has suffered a slowdown in sales during its crucial Christmas quarter despite pressing ahead with a rapid store expansion programme.
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NewsTesco poaches Airbus exec Dekkers as new tech boss
Tesco has poached Airbus executive Guus Dekkers as its new chief technology officer to drive innovation across its retail operations.
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NewsZara launches AR-enabled app across flagship stores
Zara has unveiled plans to roll out an augmented reality (AR) experience across 120 of its global flagships.
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NewsAlibaba founders plough $20m into Rent the Runway
Alibaba’s co-founders Jack Ma and Joe Tsai have invested $20m (£14.3m) into Rent the Runway via their investment firm Blue Pool Capital.
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NewsToys R Us plans to close down all US stores
Toys R Us has reportedly told its US employees that it will sell or shutter all of its 885 US stores, putting 33,000 jobs at risk.
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NewsCo-op apologises after IT issue disrupts deliveries
The Co-op has been forced to apologise to customers after an IT issue at one of its depots scuppered deliveries to a host of stores.
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NewsInditex global profits up as online sales jump
Inditex’s full-year profits and sales have risen during a year in which the retail giant ploughed ahead with global expansion.
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NewsBest bet for Bunnings is to exit UK, said JP Morgan
Analysts at JP Morgan calculated that the “least bad outcome” for Bunnings-owner Wesfarmers would be to pull out of its fledgling UK operations.
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NewseBay launches AI-powered celebrity style matcher
eBay has launched AI-powered celebrity style-matching content for its fashion offer, using visual search to link outfits with its inventory.
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NewsToys R Us to close all stores as search for buyer fails
Administrators have failed to secure a buyer for Toys R Us and have informed staff that all of its 100 UK stores will close over the next six weeks.
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NewsBargain Booze owner Conviviality hit by cash crisis
Bargain Booze owner Conviviality is facing a cash squeeze after discovering it must pay HMRC £30m by the end of this month.
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NewsMorrisons like-for-likes up as profit climbs
Morrisons like-for-likes and profits rose over its last year, making the period its third consecutive year of growth.
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NewsJohn Lewis sales buoyed by early Mother’s Day
John Lewis sales blossomed last week, as Mother’s Day gave the retailer’s clothing and gifting categories a lift.
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NewsChancellor unveils business rates changes
Chancellor Philip Hammond has confirmed in his Spring Statement that business rates will now be reviewed every three years.
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NewsMaplin sale hopes fade as retail rivals circle stores
A clutch of retailers are circling Maplin’s store estate as its hopes of securing a rescue deal rapidly evaporate.
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NewsThe Original Factory Shop makes pair of senior hires
The Original Factory Shop has drafted in a new finance boss and chief operating officer as the retailer shapes its senior leadership team.
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NewsMajor retailers back sustainability and equality drive
A swathe of top retailers including John Lewis, M&S and Sainsbury’s have signed up to an action plan aimed at driving sustainability, development and equality.