All News articles – Page 96
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NewsOver 17,000 high street shops could shut over the next decade due to business rates, BRC warns
The retail sector is overtaxed compared to other sectors of the economy in the UK putting over 17,000 high street shops under threat over the next decade, new research by the British Retail Consortium (BRC) has revealed.
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NewsVery Group and Victoria’s Secret are considering offering same-day delivery
The Very Group and Victoria’s Secret are weighing up options of offering same-day delivery to their customers as demand for rapid service grows.
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NewsIkea is piloting ‘next generation’ lockers in a tie-up with Tesco
Home goods and furniture giant Ikea has launched a trial of “next generation” lockers in Tesco stores.
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NewsWaterstones is returning to Oxford Street in new partnership with John Lewis
Waterstones has announced its return to London’s Oxford Street in a “significant new partnership” with John Lewis Partnership.
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NewsBoots has named its new managing director
The UK’s largest health and beauty retailer has announced that retail and operations director Anthony Hemmerdinger will take on the role of managing director when Seb James steps down.
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NewsTesco has lost its legal battle with Usdaw over fire and rehire
Tesco has lost its legal battle with shopworkers union Usdaw over ‘fire and rehire’ of staff, the UK’s Supreme Court ruled today.
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NewsJohn Lewis losses have narrowed as it remains on track to deliver higher full-year profits
John Lewis Partnership has reported growth in sales and reduced losses in the first half of the year as it remains on track to deliver “significantly higher profits” in 2024.
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NewsDunelm has gained more ground on John Lewis in homewares market share
Dunelm has put more space between itself and John Lewis in the league table of homeware market share.
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NewsIceland is launching 800 new lines as part of its ‘latest innovation push’
Iceland and The Food Warehouse are launching over 800 new products as part of the grocers’ “latest innovation push”.
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NewsCo-op has tripled its number of member deals till the end of the year
The Co-op has tripled the number of member deals as it launched more than 100 new value offers across brands and own-brand products until the end of the year.
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NewsFrasers has unveiled plans for the Scottish shopping centre it acquired last year
Frasers Group has revealed its plans for the Overgate Shopping Centre in Dundee that it acquired in March 2023, as it continues to diversify its property base.
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NewsInditex has reported rising profits and sales as collections prove a hit with shoppers
Inditex, which owns the likes of Zara, Stradivarius and Bershka, has reported a surge in profits and sales during the first half of the year as all brands posted growth and product collections continued to prove a hit with consumers.
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NewsBoohoo will start supplying all US customers from its UK distribution centre
Fashion retailer Boohoo has said it will stop supplying US customers from its Pennsylvania distribution centre and will fulfil these orders from its UK warehouse in Sheffield.
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NewsAmazon has expanded its partnership with Morrisons to include loyalty points
Amazon and Morrisons have expanded their partnership by adding the More Points scheme to the Morrisons on Amazon online store, Retail Week can reveal.
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NewsDunelm has recorded a rise in sales and profits
Homewares retailer Dunelm has reported an increase in sales and profits boosted by a growth in volume, despite an overall “softer market”.
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NewsWHSmith has delivered strong growth in travel driven by the peak summer season
WHSmith has recorded a rise in revenue, mainly driven by travel sales during the peak summer period and new ranges.
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NewsKeir Starmer: We have to go further than the standalone retail crime offence
Prime Minister Keir Starmer said at the Trade Unions Conference today that Labour would “go further” to crack down on rising retail crime and shopworker abuse.
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NewsConsumer appetite for big-ticket spending is stabilising, says Wickes boss
Subdued consumer confidence in the home and DIY sector is now stabilising, according to Wickes CEO David Wood.
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NewsPrettyLittleThing founder makes shock return in ‘new era’ for fashion brand
The founder and former chief executive of fast-fashion giant PrettyLittleThing has made a shock return to the brand after he departed the business last year.
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NewsGrocery price rises have eased but shopper confidence remains low
Grocery inflation in the UK fell in August but nearly 60% of households remain worried about the rising cost of their shopping.