All News articles – Page 831
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NewsHalfords warns of falling cycling sales but remains confident on profits
Halfords has warned that cycling sales have plummeted in its second quarter to date, but bosses remain confident it will meet profit forecasts.
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NewsAsos reveals Beighton as new chief executive as founder Robertson steps down
Asos has revealed that Nick Beighton has replaced the etailer’s founder, Nick Robertson, as chief executive with immediate effect.
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NewsBreakfast briefing: Retail news on living wage, Tesco and Jigsaw
Retail news round-up on September 2, 2015: Part-time female staff earn less than living wage and Jigsaw to make comeback in Ireland after eight years.
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NewsAsos founder and chief executive Nick Robertson to stand down
Asos chief executive and founder Nick Robertson is expected to step down from the online fashion giant in the “coming months”, according to reports.
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NewsFashion retailer Joules' profits soar ahead of 100th store opening
British fashion retailer and brand Joules has reported a 36% jump in full-year pre-tax profits as its celebrates its 25th anniversary.
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NewsPoundland launches trial ecommerce site for UK customers
Poundland is taking the plunge into online retail with the launch of a trial ecommerce site offering around 2,000 products.
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NewsRetail Diary: Stuart Broad gets an unexpected delivery from Waitrose
Retail Diary: Cricketer Stuart Broad’s unexpected delivery, Halfords’ tight squeeze, Waterstones gears up for Trigger Mortis
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NewsThe Hut Group eyes expansion and potential acquisitions with £210m loan
The Hut Group has secured loan terms with its banks as it eyes UK and international expansion as well as potential mergers and acquisitions.
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NewsContactless payment limit increased from £20 to £30 as spending hits £2.5bn
Shoppers will be able to make bigger purchases using contactless payment cards from today after the limit was raised from £20 to £30.
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NewsHigh streets suffer bank holiday washout as shoppers turn to retail parks
High streets suffered a bank holiday washout as heavy rain drove customers into shopping centres and retail parks during the extended weekend.
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NewsTesco to axe final salary pension scheme following 90-day consultation
Supermarket giant Tesco has told its staff it will end its final salary pension scheme following a 90-day consultation with workers and unions.
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NewsEx-Sainsbury's boss Justin King: Living wage will 'destroy jobs'
Former Sainsbury’s boss Justin King has claimed the government’s “ludicrous” new national living wage will “destroy jobs” across the UK.
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NewsOliver Bonas becomes first high street chain to pay 'real' living wage
Independent retailer Oliver Bonas has become the first UK high street employer to bring the living wage into force.
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NewsBreakfast briefing: Retail news on Oliver Bonas, living wage, footfall and more
Retail news round-up on September 1, 2015: Oliver Bonas first retailer to pay living wage, bank holiday footfall down and Aldi expansion.
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NewsAnn Summers replatforms website to support digital growth
Sex toy and lingerie specialist Ann Summers has replatformed its website in a bid to support its global digital growth ambitions.
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NewsWoolworths chairman exits as Australian grocer reports 12% profit slump
Woolworths chairman Ralph Waters will leave the struggling supermarket chain next week after the retailer revealed full-year profits nose-dived.
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NewsInfographic: John Lewis sales tumble 5.9% after warm weather
John Lewis sales tumbled 5.9% to £71.96m last week as the department store group was hit by warm weather and tough comparables.
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NewsConsumer confidence rises in August as economy improves
Consumer confidence improved in August as sentiment towards the general economy and personal finances prospects lifted.
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NewsFormer Tesco boss Philip Clarke summoned by Serious Fraud Office
Former Tesco chief executive Philip Clarke has been summoned for an interview by the Serious Fraud Office over the grocer’s accounting scandal.
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NewsBlack Friday predicted to break £1bn online sales barrier this year
Black Friday this year is forecast to become the UK’s first £1bn online shopping day, according to digital consultancy Salmon.