All News articles – Page 563
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NewsOpinion: Retailers shouldn’t say 'it’ll never happen'
All my life I’ve heard smart, intelligent people say the words ‘it will never happen’.
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NewsSports Direct investors block Ashley’s brother’s £11m
Sports Direct’s investors have blocked a proposed £11m payout to the brother of majority shareholder and founder Mike Ashley.
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NewsJohn Lewis poaches Body Shop exec and creates new role
John Lewis has poached a Body Shop exec and created the new role of partnership strategy director on a bid to future-proof its model.
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NewsBunnings tests new small store format in Bicester
Wesfarmers-owned DIY retailer Bunnings has unveiled plans to trial a new small store format, with the first due to open later this month in Bicester.
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NewsHouseholds squeezed as inflation hits six-year high
The squeeze on household income intensified in November, when inflation hit a six-year high.
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NewsDixons Carphone profits slashed despite sales rise
Dixons Carphone has reported plummeting profits despite sales inching up in its half-year.
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NewsWaitrose outperforms John Lewis as home sales fall
Demand for festive food and drink at Waitrose mean the grocer’s weekly sales outpaced those of sister department store chain John Lewis.
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NewsMultiyork starts wind-down with first wave of job cuts
Multiyork administrators have begun a managed wind-down process, which entails making 112 redundancies at the retailer’s Thetford headquarters.
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NewsWestfield snapped up by Unibail-Rodamco for $25bn
French giant Unibail-Rodamco has agreed to buy Westfield for $24.7bn, marking the biggest takeover of an Australian company on record.
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NewsJoules sales jump as expansion continues apace
Joules has unveiled a near 20% sales jump in its first half as the retailer continues to expand across all its markets.
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NewsSnow on vital trading weekend dampens Christmas outlook
Christmas could be on ice after snow derailed trading on the third weekend before Christmas – a typically busy period for retailers.
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NewsGrocers set for sales rush after slow start to Christmas
Shoppers are expected to spend a record £4.2bn on food and drink in the week before Christmas Day, despite a sluggish start to the festive trading period.
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NewsCarpetright warns on profits as tough market bites
Carpetright has warned that full-year profits will come towards the bottom end of market expectations as tough trading conditions continued.
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NewsFootfall edges up as Black Friday woos shoppers
Retail footfall crept up in November driven by Black Friday offers and strong shopper turn out in the Southeast and North of England.
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NewsHouse of Fraser and New Look hit by credit downgrade
House of Fraser and New Look have had their credit ratings downgraded by investor agency Moody’s following erratic trading.
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NewsRetail Diary: Sainsbury's puts Christmas on ice
Sainsbury’s puts Christmas on ice, John Lewis pulls out the stops at its company Christmas dinner and Amazon customers get more than they bargain for.
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NewsAgenda: Dixons Carphone, Sports Direct and Joules
Retail Week looks ahead to the next seven days, with updates from Carpetright, Joules, Dixons Carphone, Sports Direct and Ocado on the agenda.
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NewsBrightHouse close to £220m restructuring deal
BrightHouse is poised to reveal a £220m financial restructuring through a debt-for-equity swap.
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NewsMore than 800 Asda staff face pay cut or redundancy
Asda has launched a further round of cost-cutting under which more than 800 store staff may have their pay cut or be made redundant.
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NewsMove of the week: JLP’s new CIO Andrew Murphy
You can always tell when we’ve entered the heart of the ‘golden quarter’ by the slowdown in activity in the jobs market.