All News articles – Page 8
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News
Exclusive: John Lewis’ great-grandson and ex-CFO has joined Oak Furnitureland
The great-grandson of John Spedan Lewis who was also the partnership’s former chief finance officer has joined Oak Furnitureland, Retail Week can reveal.
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More shoppers are paying with their phones but use of cash also rises
Consumers’ use of mobile contactless payment significantly increased last year – when the number of people mainly using cash also rose.
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Exclusive: Superdry CTO exits as Dunkerton aims to bolster board with new hires
Superdry boss Julian Dunkerton is rebuilding elements of his top team after its chief technology officer left the business and the search for new board members is underway, Retail Week can reveal.
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Tapi has opted out of Ireland and the Channel Islands in the Carpetright buyout
Tapi will take over 54 of rival Carpetright stores as part of a multimillion-pound buyout, but it has opted out of buying those stores located outside of the British mainland.
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Carpetright: full list of stores rescued from administration by Tapi
Tapi has swooped in to buy rival Carpetright in a multimillion-pound deal but has selected just 54 stores to take over from the retailer.
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Ikea is opening 100 new click-and-collect points at Tesco stores
The Swedish home retailer plans to expand its partnership with Tesco to open 100 new click-and-collect points at the supermarket.
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Asda is bracing for further strike action for a second time
More than 150 Asda workers are getting ready to walk out in a further strike action claiming the supermarket has failed to address dispute points, according to GMB.
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Landlord Hammerson sells Bicester Village to LVMH-backed private equity firm
Landlord Hammerson has sold its entire stake in Value Retail, the owner of Bicester Village luxury retail park in Oxfordshire, in a £1.5bn deal, which it said would generate around £600m in cash proceeds.
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Tapi has bought Carpetright but many jobs and stores are still at risk
Carpetright has been rescued from collapse by rival carpet and flooring retailer Tapi – but hundreds of stores are expected to close, leaving many jobs at risk.
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Matalan has bolstered its brand portfolio with new third-party additions
Fashion retailer Matalan has bolstered its third-party brand offering with 29 new additions across womenswear, menswear, homeware and accessories.
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The Body Shop may emerge from administration in August
The Body Shop may come out of administration in August as prospective new owner Auréa takes charge of developing a long-term growth plan.
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John Lewis has partnered with Timpson on a repair service
Customers at John Lewis will be able to give clothing, accessories and homeware pieces a new lease of life via a new in-store repair service in partnership with Timpson.
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The owner of Homebase is mulling a sale after a takeover approach from The Range
Homebase owner Hilco Capital is reportedly mulling a sale of the DIY retailer to The Range after being approached regarding a potential takeover.
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Airport retailers could see a boost in sales if global IT outage continues
Retailers operating in airports could end up receiving a boost in sales and footfall if the IT outage causing havoc around the world continues.
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Morrisons has launched a ‘Sir Ken’ staff leadership programme
Grocer Morrisons has launched a leadership programme for employees, designed to equip them with the skills and mindset to progress in their careers.
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Cotton Traders’ sales and profits have dipped amid ongoing ‘macroeconomic turmoil’
Fashion retailer Cotton Traders has reported a dip in sales and profits for the 2023 full financial year amid ongoing “macroeconomic turmoil”.
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UK retail sales fell in June driven by the election and wet weather
UK retail sales volume declined across all sectors in June except for automotive fuel as wet weather, low footfall and the general election are likely to have impacted sales.
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Pret is ditching its coffee subscription in favour of a ‘new and simpler’ offer
Pret a Manger has revealed that it will be axing its coffee subscription for loyal customers and replacing it with a “new and simpler offer”.
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Castore has appointed its first commercial director
Sportswear brand Castore has appointed a former Joe Browns and JD Sports executive in the newly created role of commercial director.
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Exclusive: More than half of Carpetright’s stores could be at risk in a Tapi deal
More than half of Carpetright’s stores could be at risk even if they are bought by rival Tapi, Retail Week can reveal.