All News articles – Page 65
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NewsDr Martens has maintained its full year guidance as it makes ‘good progress’ on US turnaround
Footwear specialist Dr Martens has maintained its guidance for the full-year as sales rose during the third quarter thanks to a return to growth in the US and Asia Pacific.
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NewsWHSmith is in talks to sell its UK high street shops
WHSmith is in talks to sell its whole high street business in the UK following 230 years on the high street.
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NewsIceland throws jobs lifeline to those being let go by Sainsbury’s and Morrisons
Frozen food specialist Iceland has invited those at risk of redundancy at both Sainsbury’s and Morrisons to apply for one of 600 roles it currently has vacant.
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NewsLakeland family owners explore possibility of a sale
The owners of kitchenwares retailer Laklend is considering putting the business up for sale after more than 60 years of ownership.
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NewsWhite Stuff has reported a ‘strong’ Christmas helped by knitwear sales
Fashion retailer White Stuff has credited its “strong” Christmas trading performance to booming knitwear sales and reduced discounting, as it notes record number of new customers over the peak period.
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NewsThe Original Factory Shop is close to being acquired
Value retailer The Original Factory Shop is close to being bought by the owner of In The Style with a deal expected in the coming days.
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NewsBurberry has seen a decline in sales as it continues transformation plan
Luxury retailer Burberry has reported a decline in sales but believes its strategic transformation plan will deliver profitable growth in the long-term.
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NewsThe Works has reported narrowing losses as it unveils a new strategy
The Works has reported flat sales and narrowing losses as it unveils a new strategy aimed at growing profitability and strengthening performance.
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NewsRiver Island is making job cuts across its head office
River Island has launched a redundancy programme, with roles at its London head office expected to be slashed.
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NewsConsumer confidence has fallen on all measures as January blues set in
The British public is less confident about the economy and their personal finances, according to the latest GfK consumer confidence index.
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NewsCDS Superstores relaunches Homebase ecommerce website
The Range owner CDS Superstores has today relaunched the Homebase website, following its earlier acquisition of the brand out of administration in 2024.
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NewsMorrisons axes hundreds of staff as it slashes costs
Morrisons has axed more than 200 staff members from its Retail People Team, becoming the latest supermarket to kick off the new year with layoffs.
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NewsSainsbury’s to axe thousands of jobs as it closes counters and streamlines head office
Supermarket giant Sainsbury’s is set to slash thousands of jobs across its supermarket estate and head office functions as it targets more growth.
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NewsRevolution Beauty expecting a drop in sales before returning to growth
Revolution Beauty has said it is expecting to see a drop in sales for the full financial year, before returning to growth in the medium term.
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NewsWaitrose is bringing back free coffee for customers who buy nothing
Waitrose is reintroducing free coffee for all of its loyalty scheme members who will no longer have to make a purchase to redeem the perk.
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NewsPrimark’s UK sales have been hit as ‘cautious’ shoppers held back in lead up to Christmas
Fashion giant Primark has reported slumping sales in the UK and Ireland as “cautious shoppers” held back on seasonal spending in the lead up to Christmas.
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NewsTHG posts sales dip but remains on track for full year after Ingenuity split
Ecommerce giant THG, which owns the likes of Look Fantastic, MyProtein, and Cult Beauty, has reported a dip in sales for the fourth quarter but said it expects full year adjusted EBITDA to be “in line” with expectations in its first update since demerging its technology platform Ingenuity.
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NewsRituals is ramping up its global expansion as sales hit €2bn for first time
Cosmetics retailer Rituals is plotting further expansion as sales at the business have surpassed €2.1bn (£1.77bn) for the first time.
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NewsSmart home tech retailer Dreame is opening its first UK flagship
The global smart home technology retailer is opening its first UK flagship store in Birmingham following its entry into the UK market in September 2024.
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NewsRiver Island is calling in advisers as it mulls cost-saving measures
Fashion retailer River Island is understood to have drafted in consultants as it eyes “cost reduction and profit improvement” ahead of the upcoming tax increases in April.