All News articles – Page 81
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NewsThe Range owner completes acquisition of Homebase
CDS Superstores, the owner of The Range and Wilko, has completed its acquisition of Homebase’s brand name, intellectual property, and up to 70 of its UK stores.
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NewsPeel Hunt downgrades profit forecasts for six retailers due to Budget impact
Investment bank Peel Hunt has downgraded its profit forecasts for six retailers, including struggling fast fashion player Boohoo and cycling and motoring specialist Halfords, due to the effects of changes to national insurance made in the recent Budget.
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NewsM&S expands beauty takeback scheme to 100 stores across the UK
M&S has expanded its beauty takeback scheme to an additional 60 stores in the UK in its latest push for circularity and sustainability.
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NewsOver half of UK adults have bought a second-hand item online in the past year
Orders from second-hand platforms have seen an “explosive growth”, according to delivery firm Evri’s UK ecommerce pulse report.
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NewsThe Range is circling a chunk of Homebase in a pre-pack deal
The Range is circling a deal with Homebase to snap up a chunk of the business that will save almost 1,500 jobs.
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NewsGarmin has opened its first-ever UK store
Exclusive: Wearable tech brand Garmin has opened its first-ever store in the UK as part of its commitment to its “growing base” of active-lifestyle customers, Retail Week can reveal.
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NewsM&S has overtaken Waitrose for the first time in the critical pre-Christmas period
Marks & Spencer has overtaken Waitrose as the grocer Middle England for the first time, as well as outstripping every other supermarket in sales growth.
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NewsBoots’ website crashes under ‘biggest ever Black Friday Sale’ stampede
Shoppers racing to the Boots app and website to take advantage of the retailer’s “biggest-ever” Black Friday Sale ran into technical difficulties as they tried to shop yesterday.
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NewsMatalan bolsters top team with new hires after Whitfield exit
Fashion retailer Matalan has bolstered its top team with two new senior hires as it continues on a strategic turnaround following the shock departure of chief executive Jo Whitfield last month.
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NewsSupermarket sales hit 2024 highs as inflation creeps up ahead of Christmas
Take-home sales at the grocers hit their highest point of the year, even as inflation began to inch up in the run-up to the all-important Christmas period.
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NewsMarks Electrical profits dip despite growth in sales
Marks Electrical has posted a dip in half-yearly profits despite a growth in sales as consumers traded down to non-premium products, reducing profit margins.
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NewsH&M is slashing 150 jobs as it closes call centre
150 jobs are being cut at Swedish fashion retailer H&M as it confirms the closure of an Edinburgh-based call centre, according to reports.
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NewsPrimark brings £1.5bn boost to UK high streets, report finds
For every £10 spent at a UK Primark store a further £3.60 is spent in other stores, restaurants and cafes, boosting high street spend by £1.5bn a year, according to a new report.
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NewsAsda appoints new interim ecommerce boss bringing over two decades of expertise
Asda has today announced the interim appointment of Barney Burgess as vice president of online, as it waits for David Devany to join the business later in 2025.
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NewsGoPuff launches Aldi price match on 50 essential items in time for Christmas
On-demand delivery brand GoPuff has launched an Aldi price match scheme on 50 essential items just in time for Christmas
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NewsHMV is expanding into books with a standalone offering at its Oxford Street flagship
HMV is expanding into the sale of books to create its first standalone offering at its Oxford Street flagship before potentially rolling this out to all of its UK stores.
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NewsRicher Sounds has partnered with Just Eat for on-demand delivery
Audio and tech retailer Richer Sounds has become the latest partner of delivery platform Just Eat, offering rapid delivery of electronics.
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NewsSpace NK to open new stores next year as sales surge
Beauty chain Space NK plans to open 10 shops next year after its sales increased 34% in a year.
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NewsAsda is expected to make more job cuts following fresh round of redundancies
Asda is considering more job cuts after making nearly 500 staff redundant last week.
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NewsTesco set for £1bn national insurance bill over four years
Supermarket chain Tesco is set to face a £1bn national insurance tax bill over the next four years following the recent Budget.