All News articles – Page 5
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NewsAsda owner has blamed the ‘challenging retail environment’ as revenues and like-for-likes slump
Asda owner Mohsin Issa has blamed what he called a “challenging retail environment” for falling revenues and a slump in like-for-like sales at the grocer.
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NewsLord Rose has become first patron of Fashion Retail Academy
Former Marks & Spencer chief executive Lord Stuart Rose, now chair of Asda, has become the first patron of the Fashion Retail Academy.
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NewsSome retailers shutter stores early as sector braces for more rioting
Some retailers bracing for further far-right violence have decided to shut stores early following a meeting with representatives from the government and the police.
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NewsDeliveroo has praised ‘strong growth’ in grocery after striking new retail partnerships
Deliveroo has enjoyed “strong growth” in grocery sales and expanded non-food retail partnerships with major brands in the UK and United Arab Emirates (UAE).
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NewsMarks Electrical profits have plummeted in ‘challenging but rewarding year’
Marks Electrical profits have slumped even while sales increased in what its CEO described as a “challenging but rewarding year” for the retailer.
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NewsAn indoor adventure park is to open in a former John Lewis store
A specialist leisure business to take space formerly occupied by department store group John Lewis.
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NewsAsos has teamed up with Microsoft to reach ‘operational excellence’ with AI
Fashion retailer Asos has teamed up with Microsoft to bolster its “operational excellence” via greater use of AI.
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NewsBensons for Beds has snapped up Carpetright stores and will aim to rescue jobs
Bensons for Beds has snapped up almost 20 Carpetright stores in the wake of the carpet retailer’s collapse.
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NewsBoohoo is mulling the sale of its London office
Fast-fashion giant Boohoo is reportedly eyeing a sale of its London office.
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NewsMorrisons has extended its surplus food partnership to convenience stores
Morrisons is extending its partnership with surplus food marketplace Too Good To Go to allow customers to purchase bags of food at a reduced price at Morrisons Daily convenience stores.
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NewsStore staff are ‘fearing for their safety’ due to riots, says Retail Trust boss
The Retail Trust has seen a spike in calls from retail staff “fearing for their safety following looting and vandalism in shops across the country”, according to the charity’s chief executive Chris Brook-Carter.
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NewsSephora has revealed the location for its seventh store in the UK
French cosmetics giant Sephora is expanding deeper into the UK and has announced its seventh store is due to open this winter.
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NewsZalando’s sales and profits have soared thanks to the summer of sport
Online fashion giant Zalando has reported a surge in profits and sales during the second quarter and maintained its full-year guidance as the summer of sport paid off.
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NewsFootfall plummeted across the UK in the week marred by far-right riots in English cities
Footfall across the UK fell in the last week as far-right riots and looting broke out in cities and towns across England.
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NewsLush staff are ‘devastated’ after rioters attack its Hull store
Lush said its staff were “devastated” after the retailer’s store in Hull was attacked by looters amid a wave of violent far-right riots taking place in the country.
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NewsMorrisons is going to make major improvements to its loyalty card
Morrisons’ loyalty scheme is in line for a revamp next month as part of chief executive Rami Baitiéh’s recovery efforts.
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NewsRetail sales have ‘returned to growth’ as shoppers spend more on food
Retail sales have seen a boost in July as shoppers spent more on food, while clothing and health and beauty saw a “better month” due to warmer weather.
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NewsHolland & Barrett is investing millions in the latest crime-fighting technology
Exclusive: Holland & Barrett has invested heavily in new theft-protection technology across its store network to battle surging levels of retail crime, Retail Week can reveal.
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NewsBRC will chair an emergency meeting as retailers brace for more far-right riots
The British Retail Consortium will chair an emergency meeting with members this week as retailers brace for further damage caused by far-right rioters, Retail Week can reveal.
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NewsSeasalt has reported an ‘excellent’ year helped by its thriving store estate
Cornish fashion retailer Seasalt has reported a record year of profits and sales as its store estate continues to thrive despite “external challenges” within the fashion sphere.