Automation

Frasers Group hits top end of FY24 guidance

Frasers Group has reported that its adjusted profits-before-tax rose 13.1% to £544.8m for the year ended 28 April, hitting the…

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Retailers spend 300 hours a year fighting work admin, study finds

The average retail business is spending nearly 300 hours each year consumed with admin in their day-to-day jobs, according to…

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Today’s news in brief-18/6/24

Supermarket sales in the UK saw a modest increase of just 1.0% for the four weeks to June 9, 2024,…

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Economy stalls in April due to wet weather

The UK economy stalled in April showing no growth as wet weather dampened consumer spending, according to the latest figures…

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Here’s what you’re missing if you forgo a loyalty programme

Businesses have been known to implement loyalty programmes – or customer rewards, as some might call them – since at…

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Boux Avenue upbeat on performance despite widening losses

Retail boss Theo Paphitis is upbeat on the performance of his lingerie brand Boux Avenue despite the company seeing its…

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Boohoo losses hit £160m amid sales slump

Boohoo losses have widened to £159.9m in its full-year results, up from a previous loss of £90.7m, as revenues fell…

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Today’s news in brief-12/4/24

Levi’s has welcomed Gianluca Flore, a seasoned executive from Burberry, as its new chief commercial officer effective 29 July .…

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Amazon invests over £600m in robotics and AI in Europe

Amazon has invested more than €700m (£600m) in robotics and AI-powered technologies across Europe over the last five years.By the…

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THG losses narrow as boss hails improved Q4 revenues

LookFantastic and MyProtein owner, THG, has reported that its losses before tax have narrowed to £252m during the year ending…

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