All News articles – Page 573
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NewsBank of England hikes interest rates to 0.5%
The Bank of England has increased interest rates for the first time in more than a decade.
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NewsGet involved: Changing the face of retail at Tech.
The digital revolution has ushered in the most challenging era in the history of retail.
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NewsOpinion: Morrisons excels in playing to its strengths
Morrisons posted an eighth consecutive quarter of sales growth today as it built further trading momentum. Bryan Roberts assesses the grocer’s progress.
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NewsMorrisons' Potts shrugs off potential interest rate hike
Morrisons boss David Potts has downplayed the impact a potential rise in interest rates could have on its progress.
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NewsNotonthehighstreet losses widen in 'year of investment'
Notonthehighstreet.com has reported swelling full-year losses as investments in its technological capabilities offset rising sales.
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NewsFatFace profits dip despite sales rise
FatFace’s profits dipped last year despite rising sales as the company ploughed investment into expansion and logistics.
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NewsMorrisons sales rise as price campaigns gain traction
Morrisons has posted a jump in third-quarter sales as it hailed progress in becoming “more competitive” on price.
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NewsAsos launches 'try before you buy' service
Asos has launched a ‘try before you buy’ service, letting customers try on products at home and only pay for what they keep.
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NewsArcadia poised to slash hundreds of head office roles
Arcadia is likely to axe hundreds of head office roles in an effort to increase efficiency and streamline the business.
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NewsMike Ashley’s Sports Direct launches BrandsMax fascia
Sports Direct tycoon Mike Ashley’s Sports Direct is developing a new business, BrandMax, which may be a bid to win trade from TKMaxx.
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NewsFMCG titan Unilever plots direct-to-consumer move
Wholesale titan Unilever has signed up to a new shopping service to start selling their brands direct to consumers.
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NewsNext full-price sales edge up in third quarter
Next’s full-price sales advanced 1.3% in the 12 weeks to October 29, driven once again by growth at its healthy Directory business.
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NewsShop prices decrease at slowest rate in four years
Shop prices decreased at their slowest rate in four years during October, despite food price inflation.
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NewsMissguided snaps up ex-Shop Direct exec Jonathan Wall
Missguided has hired former Shop Direct group ecommerce director Jonathan Wall as its chief digital officer.
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NewsReiss profits drop amid global openings
Reiss’ profits dropped last year despite rising sales as the retailer ploughed investment into global openings.
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NewsJohn Lewis sales slip amid fashion slowdown
Sales at John Lewis slid last week as “unseasonably warm weather” dented fashion sales.
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NewsBurberry’s Christopher Bailey to exit the business
Burberry president and chief creative officer Christopher Bailey is set to leave the listed luxury retailer at the end of 2018.
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NewsFenwick profits slump as it firms up 2019 online launch
Fenwick has suffered a slump in full-year profits as markdowns and investments in its digital capabilities dented its bottom line.
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NewsRiver Island launches first unisex kidswear collection
River Island will launch its 12-piece unisex childrenswear collection next month, shortly after launching its gender-neutral collaboration with designer Ashish.
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NewsBrightHouse bondholders close in on takeover deal
A consortium of BrightHouse’s bondholders is reportedly working towards a debt-for-equity deal for the struggling business.