All News articles – Page 693
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NewsTesco resurgent as sales growth strongest for years
Tesco’s resurgence is continuing as the grocer recorded its best quarterly sales rise in years, according to latest industry figures.
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NewsBurberry sales edge up, bolstered by luxury spend in UK
Burberry has recorded a marginal rise in its first-half sales, driven by tourist spend in the UK following the depreciation of the pound.
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NewsAsos full-year sales soar as US shoppers drive growth
Asos has reported a jump in sales across its UK and international markets as its active customer numbers and average order value rose.
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NewsBreakfast briefing: Retail news on Argos and Staples
Retail news round-up: Argos agency workers to receive bonus for not calling in sick; Staples nears rescue deal
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NewsGraze ties up with Walgreens for launch into US stores
Graze is launching into thousands of US stores, including pharmaceutical giant Walgreens, as it continues its aggressive expansion drive.
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NewsFashion sector suffers steepest sales decline since 2009
Fashion retailers have suffered their steepest sales decline in seven years after almost £700m was wiped off the value of the market.
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NewsHamleys profits fall following £1m cost of Chinese takeover
Hamleys pre-tax profit reported a fall in pre-tax profits after the cost of its Chinese takeover dented earnings.
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NewsSir Philip Green hires lawyer in bid to clear his name
Sir Philip Green has hired a top human rights lawyer in a bid to clear his name following the inquiry into the collapse of BHS.
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NewsRetailers to raise prices by 5% as pound hits new low
Retailers are preparing to raise prices by around 5% next year after the pound plummeted to a new low, analysts have warned.
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NewsTesco staff take grocer to court over pay changes
A group of Tesco staff are taking the supermarket giant to court in a dispute over changes to their hourly pay rates.
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NewsBreakfast briefing: Retail news on Tesco, Burberry and more
Retail news round-up: Tesco in lawsuit over alleged age and gender discrimination; Burberry and Asos benefit from summer sales
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NewsAlibaba to launch virtual reality payment technology
Alibaba has lifted the lid on a new payment service that will allow consumers shopping using virtual reality to pay by simply nodding their heads.
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NewsFootfall drops in September as shopping centres suffer
Shopping centres lost customers at a faster rate than high streets in September as overall retail footfall dropped 0.9% during the month.
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NewsMark Carney weighs in on post-Brexit food hikes
Bank of England governor Mark Carney has warned that sterling’s slump following the EU referendum will cause an inflation rise on some products, starting with food.
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NewsSofa.com to launch Leeds pop-up
Upholstered furniture retailer Sofa.com is poised to open a new pop-up showroom in Leeds as it continues to grow its UK store footprint.
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NewsAsda may face £100m equal pay claim after tribunal ruling
Asda could be faced with a £100m back-pay bill for thousands of female workers following an employment tribunal ruling.
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NewsMPs to vote on Sir Philip Green's knighthood
MPs will decide next week if Sir Philip Green should be stripped of his knighthood following the collapse of his former retailer, BHS.
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NewsTesco and Unilever pricing spat settled
Tesco, which halted sales of goods such as Marmite and PG Tips amid a pricing row with Unilever, has settled the dispute.
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NewsMountain Warehouse puts IPO plan on ice
Mountain Warehouse has shelved plans for an IPO as the Brexit vote deterred its founder from floating the business, Retail Week can reveal.
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NewsWickes first DIY firm to launch one-hour delivery slots
Wickes has become the first DIY retailer in the UK to offer online shoppers the ability to select a one-hour window for their DIY deliveries.