All News articles – Page 75
-
NewsChancellor sticks to her guns at Budget meeting with retail leaders
Retail representatives have met chancellor Rachel Reeves to detail industry concern over the extra costs imposed in the recent Budget.
-
NewsNon-food sales have given retailers much-needed Black Friday boost
New data from the British Retail Consortium shows that non-food and in-store sales were given a much-needed boost over the Black Friday weekend.
-
NewsFrasers is seeking control of embattled Norwegian sports retailer
Department stores and sports goods group Frasers is seeking to take control of Norwegian sports specialist XXL, where it’s already the second biggest shareholder.
-
NewsFormer Boohoo boss Lyttle cited stalking concerns among reasons for departure
Ex-Boohoo chief exexutive John Lyttle left the retailer amid concerns over stalking and “corporate espionage” made by various executives.
-
NewsQuiz launches business review as sales and cash dry up
Fashion retailer Quiz has begun a review of financing and strategic options following poor trading that has resulted in lower than expected cash headroom.
-
NewsAliexpress has beaten Temu to become one of Brits’ favourite Black Friday retailers
Exclusive: Aliexpress has emerged as the winner of Brits’ Black Friday shopping sprees as traffic to the Chinese retailer more than doubled this year.
-
NewsPrimark is creating 580 jobs with flurry of new international store openings
Exclusive: Primark has opened the doors to four new stores in four countries today in a bumper opening day for the fashion retailer as it continues to bolster its international store portfolio ahead of Christmas.
-
NewsEx-Sports Direct boss making a surprise return to Frasers Group
Exclusive: Former chief executive of Sports Direct Dave Forsey is making a surprise return to Frasers Group to lead the retailer’s ambitious international expansion.
-
NewsMarks & Spencer jubilation at flagship store redevelopment victory
Marks & Spencer has won approval to redevelop its flagship Marble Arch store on London’s Oxford Street.
-
NewsPolice investigating Boohoo stalking allegations
Police have been called in to investigate allegations of stalking and “corporate espionage” made by several Boohoo Group executives.
-
NewsCard Factory eyes up US expansion with Garven Holdings acquisition
Card Factory is set to enter the US market following the £20m acquisition of Garven Holdings.
-
News‘The Tories put the economy in a coma and Labour have turned the machine off’, says Frasers Group CFO
The chief financial officer of Sports Direct owner Frasers Group blamed the lack of consumer confidence in the run up to Christmas on the recent Labour Budget, which has “attacked a sector” in need of help.
-
NewsTikTok Shop has achieved its highest ever sales over Black Friday
Exclusive: TikTok Shop has revealed it achieved “record-breaking” sales over Black Friday, making it the platform’s biggest ever UK sales event to date, Retail Week can reveal.
-
NewsWatches of Switzerland is upbeat heading into Christmas despite plummeting profits
Watches of Switzerland boss Brian Duffy has said the brand is performing “encouragingly” heading into Christmas, despite profits plummeting at the retailer.
-
NewsFrasers has blamed the Budget after profit warning
Frasers Group has this morning issued a profit warning, blaming the Budget and recent tough trading conditions for the £50m hit to its bottom line.
-
NewsGymshark chief financial officer has stepped down after two years in the role
Gymshark’s chief financial officer Mat Dunn has departed the business after two years in the role.
-
NewsAldi has opened four new stores in one day as it eyes further UK expansion
Discounter Aldi is set to open four new stores on the same day, as it continues its UK store expansion drive.
-
NewsCash payments remain vital for retailers and customers, according to new survey
A new survey by the British Retail Consortium has reiterated the importance of cash to the sector, despite the growing uptake of cash-free transactions.
-
NewsDebenhams sales have soared after ‘intense online shopping period’
The online department store announced a 65% increase in sales since last year with well-known brands driving the retailer’s popularity with online shoppers.
-
NewsMarks & Spencer has committed to helping 2,000 young people into work
Marks & Spencer aims to support thousands of young people into work through its Marks & Start employability programme.