All News articles
Most recent first.
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NewsKurt Geiger has posted ‘record’ sales and a rise in profit
Kurt Geiger has posted “record” profits and handbag sales despite weaker demand in the wider luxury market.
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NewsHobbycraft has been acquired by Modella Capital
Modella Capital, which has backed chains including Paperchase, Tie Rack and Ted Baker’s UK licensing partner No Ordinary Designer Label (NODL), has acquired arts and crafts retailer Hobbycraft.
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NewsTemu group warns on ‘inevitable’ profit decline as results miss analyst expectations
Temu’s owner, PDD Holdings, has warned of an “inevitable” reduction in profitability as the group reports slow growth and rising competition.
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NewsOcado unveils its sixth round of price cuts across branded and M&S ranges
Ocado Retail has unveiled its sixth Big Price Drop since June 2023, giving customers price cuts across branded, own brand and M&S products.
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NewsMorrisons slashes the prices of 2,000 grocery items for its More Card customers
Supermarket Morrisons has today unveiled a new loyalty drive, slashing the prices on more than 2,000 products for its More Card customers.
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NewsNaked Wines losses are deepening amid sales slump
Naked Wines has reported deepening statutory losses and a fall in sales as it confirmed the appointment of its new chief financial officer.
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NewsFrasers Group snaps up a stake in a retail and distribution group Down Under
Frasers Group has bought a 14.65% stake in Australia and New Zealand-based retail and distribution business Accent Group.
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NewsTed Baker's owner announces its new UK and Europe ecommerce operator
Authentic Brands Group has unveiled United Legwear & Apparel Co (ULAC) as its choice to manage ecommerce operations for Ted Baker in the UK and Europe.
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NewsIkea is to trial a new resale website to meet the rise in second-hand furniture sales
Swedish furniture giant Ikea is trialling a resale website for customers looking to buy and sell second-hand Ikea products, The Financial Times has reported.
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NewsOcado warehouses go live with Coles in Australia
Ocado and Australian grocery giant Coles have announced that two promised customer fulfilment centres have gone live this summer.
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NewsAldi launches a back-to-school fund for struggling customers
Discounter Aldi has launched a back-to-school fund to support struggling families, with three quarters of parents admitting they “worry about covering the costs at the start of the academic year”.
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NewsNext shop workers have won their six-year battle for equal pay
More than 3,500 current and former store staff at Next have won a six-year legal battle for equal pay with warehouse workers.
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NewsMike Ashley has appointed his daughter as director of UK retail business
Mike Ashley, who founded Frasers Group has promoted his younger daughter as director of his expanding retail empire, The Times has reported.
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NewsM&S to trial clothing-only store after Gen Z customer share increases
Marks & Spencer is set to trial a clothing-only store after an influx of Gen Z customers has helped drive growth in sales.
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NewsShop prices have fallen into deflation for the first time in three years
Shop prices fell into deflation for the first time in nearly three years driven by non-food retailers discounting heavily to shift their summer stock.
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NewsLandsec is transforming a former Debenhams unit into an outdoor park
Institutional landlord Landsec has submitted plans to invest £17m to transform a former Debenhams unit into an outdoor space at St David’s shopping centre in Cardiff.
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NewsFrasers Group has revamped House of Frasers website and app
House of Fraser, the department store brand in Mike Ashley’s Frasers Group, has been revamped as part of the retailer’s wider digital elevation strategy, Retail Week can reveal.
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NewsShein has discovered child labour cases among suppliers
Fast-fashion giant Shein has revealed that it found two cases of child labour at suppliers last year.
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NewsUK economy expectations have fallen for the first time since February
Consumer confidence remained flat in August but expectations for the UK economy slipped for the first time since February, according to the latest GfK Consumer Confidence Barometer.
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NewsFrasers is in the running to add another shopping centre to its portfolio
Mike Ashley’s Frasers Group is in the running to buy yet another shopping centre as it continues its property-buying spree in the UK, The Times has reported.