All News articles – Page 595
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NewsToday in retail: The Hut Group plumps its portfolio
In times of uncertainty, retailers will either tighten their belts or, perhaps counterintuitively, spend more money.
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NewsAldi partners with Instacart for online delivery in US
Aldi is launching an online delivery service in the US after partnering with fulfilment provider Instacart.
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NewsMatchesfashion in £600m sale talks as buyers circle
Matchesfashion.com is being eyed by a clutch of private equity firms, which could value the fashion retailer at £600m.
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NewsHut Group snaps up Glossybox and hits £2.5bn valuation
The Hut Group’s latest funding round has more than doubled its valuation as the health and beauty etail group acquired cosmetics subscription business Glossybox.
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NewsBHS liquidators bring legal action against Arcadia
Sir Philip Green faces further controversy over the collapse of BHS after its liquidators filed a legal claim against Arcadia Group.
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NewsFootfall drops as shoppers cut back on non-essentials
Overall shopper numbers fell last month at the steepest level since January as consumers start to rein in spending on non-essential items.
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NewsWilko latest to axe store staff in week of job cuts
Wilko followed hot on the heels of Sainsbury’s and Asda today as Retail Week revealed its plans to put 3,900 staff in redundancy consultation.
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NewsSainsbury’s pilots 30-minute click-and-collect service
Sainsbury’s has launched a free 30-minute click-and-collect grocery service, stealing a march on its rivals in the increasingly heated grocery delivery war.
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NewsWilko places 3,900 store staff into consultation
Wilko could axe “thousands” of shopfloor staff as the retailer reshuffles its store teams in a cost-cutting drive, Retail Week can reveal.
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NewsGrocers withdraw products amid contaminated eggs scare
Sainsbury’s, Asda, Morrisons and Waitrose are withdrawing millions of products from shelves after it emerged 700,000 contaminated eggs have been distributed in the UK.
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NewsAmazon's European retail business pays just £15m in tax
Amazon’s European business paid just €16.5m (£14.95m) in tax last year, despite raking in revenues of €21.6bn (£19.57bn).
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NewsHotel Chocolat to debut in Ireland in expansion push
Hotel Chocolat has secured its first store in Ireland as the retailer ramps up efforts to expand outside the UK.
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NewsAgenda: Asda and Kingfisher report second quarter results
Retail Week looks ahead to the next seven days, with updates from Asda and Kingfisher on the agenda.
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NewsHouse of Fraser and N Brown become Tech. partners
House of Fraser and N Brown have become the latest retail partners for the Tech. powered by Retail Week.
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NewsToday in retail: Asda’s jobs pain for long-term gain
Asda’s decision to place 3,257 store staff into consultation would have been fraught with pain, but it’s one for the grocer’s long-term gain.
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NewsToys R Us full-year profits jump despite falling sales
Toys R Us’ pre-tax profits rocketed in its latest full year, but sales dipped amid what the retailer described as a ‘competitive market environment’.
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NewsAsda to slash store staff levels, impacting 3,200 jobs
Asda could axe hundreds of store staff and slash the working hours of thousands more as it battles to cut costs.
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NewsThe Fragrance Shop smells success with profits rise
The Fragrance Shop has reported increases in its sale and profits as the retailer presses on with expansion.
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NewsScalpel or axe? How retailers should seek to streamline
As the likes of Tesco, John Lewis, Sainsbury’s and Asda streamline their cost bases, Lawrence Hutter explores the departments where retail’s axe is likely to fall.
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NewsZalando sales surge as customer numbers increase
Zalando has posted surging half-year sales as its customer base and the average number of orders they place per year both increased.