Loyalty Scheme

Today’s news in brief-21/5/24

Zuber Issa is poised to acquire the UK arm of EG Group, a move indicating the Issa brothers’ business paths…

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The Works expects return to profit amid cost-cutting plans

The Works is anticipating a return to profit in its new financial year, having reported flat sales for FY24, following…

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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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Today’s news in brief-15/5/24

Tesco CEO Ken Murphy has seen his pay more than double to nearly £10m, fueled by a 159% rise in…

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Angling Direct reports pre-tax profit of £1.5m as sales surge

British fishing equipment retailer Angling Direct has reported pre-tax profits of £1.5m in FY24, up from £700,000 the prior year. …

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Today’s news in brief-22/4/24

Investors from the Middle East and China are eyeing Selfridges following Signa’s financial struggles, leading to restructuring and insolvency. Central…

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Asda profits soar 24% to £1.1bn amid sales boost in FY23

Asda has seen adjusted EBITDA after rent soar by 24% to £1.078bn in FY23, largely driven by like-for-like sales growth…

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Theo Paphitis slams gov’s ‘disappointing’ attitude towards retail 

Theo Paphitis has called out the government’s “disappointing” attitude towards the industry’s importance, Retail Week has reported. It comes as Paphitis’…

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Dobbies appoints new CMO

Garden centre retailer Dobbies has announced that Phil Thomas has joined the group as chief marketing officer.  Thomas, who has…

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Mother’s Day spend to hit £1.7bn despite shoppers trading down

UK shoppers are set to spend £1.7bn on Mother’s Day this year, a 1.1% increase on 2023, as over half…

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