All News articles – Page 611
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NewsJohn Lewis sales slip as fashion and home stutter
John Lewis suffered a fall in sales last week as slowdowns within fashion and home dragged on its bottom line.
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NewsKingfisher sales and ops boss Constant to exit
Kingfisher chief of sales and retail operations Jean-Paul Constant is departing the DIY group after less than a year in the role, Retail Week can reveal.
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NewsTesco deliveries hit by picking IT system crash
Tesco’s delivery service has crashed after being hit by an IT system failure, resulting in customers’ grocery drop-offs being cancelled.
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NewsN Brown sales advance but store closures planned
N Brown has posted a 5.6% jump in sales during its first quarter, driven by a strong performance in its ladieswear category.
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NewsLK Bennett losses grew prior to Topp’s turnaround plan
LK Bennett’s operating losses grew to £4.5m in the year to July 30, 2016, from £1.1m the previous year, before former BHS boss Darren Topp joined as chief executive.
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NewsBreakfast briefing: Co-op and contactless spending
Retail news round-up: Co-op's membership increases; and contactless spending surges in the UK.
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NewsToday in retail: Nisa tops Sainsbury’s shopping list
Sainsbury’s pursuit of Nisa should not come as a huge shock in a grocery market that is in the midst of a radical shift.
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NewsSan Fran firm bids for Shop Direct as buyers close in
Shop Direct’s £3bn sale process has entered the next stage of bidding, with three known parties currently in the ring.
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NewsJohn Timpson and Malcolm Walker on Queen’s Honours list
John Timpson, Malcolm Walker and Belinda Earl were among the retailers on the Queen’s Birthday Honours list.
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NewsSainsbury’s to buy Nisa as it agrees exclusivity pact
Sainsbury’s is on course to buy Nisa in a £130m deal as the grocery market reacts to Tesco’s swoop on wholesale giant Booker.
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NewsBonmarché profits plunge as turnaround continues
Bonmarché’s profits and like-for-likes have fallen, but new boss Helen Connolly has insisted that the “direction of travel” is right.
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NewsBreakfast briefing: Sainsbury's, BHS and more
Retail news round-up: Sainsbury's to buy Nisa; Frank Field wants BHS probe to be released in full; and Ocado boss to meet disappointed investors.
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NewsTesco shareholder revolt over pay fails to materialise
Tesco’s board suffered a grilling over executive pay at its AGM, but a shareholder revolt over the issue failed to materialise.
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NewsAmazon goes for grocery with Whole Foods acquisition
Amazon continues to confound the retail sector. Today it snapped up upmarket grocer Whole Foods in a deal worth nearly £11bn.
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NewsFather’s Day sales edge up to £700m, driven by inflation
Father’s Day sales growth will be sluggish this year as the annual celebration rakes in less than half of the revenue raised for Mother’s Day.
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NewsAmazon to acquire Whole Foods Market for $13.7bn
Amazon is to buy grocery specialist Whole Foods Market in an audacious push into bricks-and-mortar retail.
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NewsZalando launches tech-fuelled fulfilment service
Zalando has rolled out a supply chain service for retailers selling through its website that will employ its algorithms to predict demand.
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NewsTesco's Lewis hails 'significantly lower' inflation
Tesco boss Dave Lewis has hailed the work of the grocer and its suppliers in keeping a lid on inflation, despite currency headwinds.
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NewsH&M sales rise but fail to match growth forecasts
H&M has posted rising global sales but failed to achieve the level of growth expected by analysts.
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News
Tesco unveils another quarter of like-for-like growth
Tesco has revealed rising like-for-likes in its first quarter of the year, making this the sixth consecutive quarter of like-for-like growth under boss Dave Lewis.