All News articles – Page 598
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NewsAsda suffers full-year profits and sales slump
Asda’s full-year performance fell “behind expectations” as the struggling grocer’s profits and like-for-like sales declined.
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NewsWickes owner Travis Perkins profits dip as headwinds hit
Travis Perkins’ profits slipped in its first half, during which the group was impacted by weakening housing transactions and consumer confidence, as well as cost inflation.
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NewsApple sales boosted by its burgeoning services arm
Technology giant Apple said its services division, including Apple Pay, the App Store and Apple Music, helped drive sales in its third quarter.
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NewsRising shop price trend grinds to a halt
Lower food price inflation in July has brought the march of overall shop prices towards inflationary territory to a halt, the British Retail Consortium (BRC) has said.
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NewsFood prices 'to rise 3% per year until 2022'
Grocery prices in the UK are poised to jump 3% every year until 2022, new research suggests.
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NewsToday in retail: Will Morrisons deal shake up c-stores?
The grocery market was hit by another industry-changing development this morning, when Morrisons and McColl’s revealed that the supermarket would supply the convenience retailer.
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NewsJoules partners with DFS to launch first sofa range
Joules has penned a deal with sofa specialist DFS to launch its first ever sofa collection, extending the fashion brand’s fledgeling homewares offer.
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NewsNext marketing director exits after three decades
Next marketing director Christine Gerrard has exited the retailer 30 years after joining as a buyer in 1987.
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NewsJohn Lewis performance buoyed by homewares Sale
John Lewis posted a rise in its weekly sales driven by shoppers cashing in on the last week of its home division promotions.
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NewsMorrisons pens ‘ground-breaking’ McColl’s supply deal
Morrisons has penned a lucrative wholesale deal to supply McColl’s convenience stores and newsagents across the UK.
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NewsRetailers back hike in contactless spending limit
Retailers have called for the contactless spending limit to be increased as the payment technology drives a surge in store transactions.
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NewsExclusive: Australian retailer House plots UK launch
Australian homewares specialist House is plotting an assault on the UK market, Retail Week can reveal.
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NewsPoundland launches first 50p summer Sale
Poundland has rolled out its first ever summer Sale across a variety of product categories following its push into multi-price earlier this year.
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NewsToday in retail: Selfridges kick-starts Christmas
Today, Selfridges got the festive season started earlier than ever before with the launch of its Christmas shop – 147 days before the big day.
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NewsOne Stop franchise boss departs Tesco-owned chain
One Stop franchise boss Andrew King has left the Tesco-owned convenience business after four and a half years.
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NewsBooths to undergo review after struggling with loans
Booths will undergo a financial review after nearly breaching its loan terms, which may result in its owners making a one-off payment to retain independence.
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NewsToday in retail: Do Amazon’s profits really matter?
Amazon’s volatile profits have become a fact of retail life – and this quarter was no exception, with profits crashing.
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NewsConsumer spending power down across Britain
Discretionary spending power has shrunk across three-quarters of the UK, according to the Asda Income Tracker.
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NewsAmazon’s profits plunge as sales continue to rise
Amazon’s profits fell sharply in its second quarter, as the etail giant continued to sacrifice its bottom line in favour of rapid expansion.
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NewsMatchesfashion.com owners explore sale options
Matchesfashion.com’s owners are reportedly exploring potential sale options, hunting for advisers to manage the process.