All News articles – Page 729
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NewsPaul Coby promoted to chief information officer of John Lewis Partnership
John Lewis’s IT director Paul Coby has been promoted to oversee technology operations across the department store retailer and Waitrose.
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NewsDunelm reports 'retail slow-down' in the run-up to the EU referendum
Dunelm boss John Browett said trading was “volatile” in its fourth quarter because of “changeable weather” and a general “retail slow-down”.
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NewsSports Direct full-year profits slide after 'tough trading' in second half
Sports Direct has posted an 8.4% drop in annual pre-tax profits as boss Dave Forsey branded it a “disappointing” year.
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NewsPrimark sales rise after new store openings but weather dents like-for-likes
Primark has posted a rise a 7% rise in third-quarter sales after it benefited from opening 11 new stores in the period.
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NewsM&S clothing sales fall 8.9% after Brexit build-up and fewer promotions
Marks & Spencer has posted a sharp drop in UK first-quarter like-for-likes as it felt the impact of running fewer promotions in its clothing and homewares division.
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NewsBreakfast briefing: Retail news on Amazon, Sainsbury's, Argos, Asda and more
Retail round-up: Amazon to hire 1,000 more staff, Sainsbury’s deal puts 600 jobs at risk, Asda warns of supermarket price wars
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NewsThe Co-op acquires six stores from collapsed My Local chain
The Co-op has acquired six stores from My Local following the struggling c-store chain’s collapse into administration last month.
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NewsWalgreens Boots Alliance profits jump as US sales drive growth
Walgreens Boots Alliance’s profits soared in its third quarter but international sales were impacted by currency exchange rates.
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NewsYoox Net-a-Porter launches Mr Porter own-label as it unveils five-year plan
Yoox Net-a-Porter revealed today that it will launch a Mr Porter own-brand label, as it unveiled an ambitious five-year growth plan.
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NewsBudgens and Londis boost parent Booker’s first-quarter sales
Food retailer and wholesaler Booker’s first-quarter sales were bolstered by Budgens and Londis, but the group reported a drop in like-for-likes.
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NewsFrank Field: Tina Green made £28m last year from BHS acquisition
The MP leading the select committee on BHS has hit out at Lady Tina Green, calling to attention the sums she continues to earn from BHS.
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NewsTopps Tiles reports increased like-for-likes in third quarter
Topps Tiles has reported a rise in like-for-likes in its third quarter, saying it is “confident in [its] ability to outperform the market”.
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NewsShop prices continue to fall as fresh food costs edge down
Shop prices fell in June as the 38-month run of deflation continued and food items declined to the lowest level since September last year.
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NewsSainsbury's boss Coupe 'absolutely convinced' by Argos deal despite Brexit
Sainsbury’s boss Mike Coupe has downplayed fears over Brexit and remains “absolutely convinced” of the rationale to acquire Home Retail Group.
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NewsEx-M&S boss Marc Bolland set to join investment group Blackstone
Former Marks & Spencer boss Marc Bolland is set to join investment group Blackstone, to lead its European private equity arm.
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NewsJohn Lewis defies Brexit uncertainty to deliver weekly sales rise
John Lewis’s sales rose during the first full week since the EU referendum as the retailer’s fashion and home categories defied Brexit uncertainty.
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NewsEx-BHS owner Dominic Chappell insists: ‘We gave it the best shot’
Former BHS owner Dominic Chappell has defended his time in charge of the collapsed retailer and insisted his consortium “gave it the best shot”.
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NewsWaitrose partners with British Corner Shop to drive international sales
Waitrose has launched a partnership with online retailer British Corner Shop as part of a drive to sell more of its products overseas.
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NewsBreakfast briefing: Retail news on Waitrose, BHS, Asda and Ikea
Retail round-up: Waitrose to tie up with British Corner Shop, ex-BHS owner defends himself over collapse and Ikea to upgrade quality of products.
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NewsBusiness confidence nosedives in the aftermath of Brexit vote
Confidence among UK businesses has plummeted since Brexit with firms’ expectations for sales, exports and investments going “off a cliff”.