Thursday, October 17, 2019

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Asda denies claims that it will fire staff for not signing new contract

UK shoppers wasting £641m a year not returning unwanted goods

M&S CFO Humphrey Singer to depart on 31 December

WH Smith to acquire US travel retailer in £312m deal

Jessops owner preparing to call in administrators

Retail sector could face £137m rates hike next year

Asos profits nosedive 68% in full-year results

Ted Baker appoints Ari Hoffman as North American CEO

New PSD2 measures could see one third of shoppers abandon purchases

BRC ‘disappointed’ with business rates relief in Queen’s speech

Matalan revenue growth dented by ‘awful’ weather and political uncertainty

Grocery sales slow to lowest September growth in two years

Sports Direct demands Adidas and Nike dominance probe

Cox & Cox promotes ex-Boden marketer Richard Bell to CEO

Superdry names founder Julian Dunkerton as permanent CEO until 2021

Retail footfall slumps 10% over last seven years

Notonthehighstreet sees operating profits double in full-year results

Khaadi Fashion rescued after pre-pack administration

Brexit concerns lead to slump in retail spending in September

Quiz revenues dip 5% amid ‘challenging’ UK retail environment
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High Street

WH Smith to acquire US travel retailer in £312m deal

Jessops owner preparing to call in administrators

Sports Direct demands Adidas and Nike dominance probe

Retail footfall slumps 10% over last seven years

Dunelm sales jump 6.4% in first quarter results

Links of London enters administration placing 350 jobs at risk

Hays Travel to acquire entire Thomas Cook UK retail estate

Fears over Pizza Express restaurants as debt talks emerge

Ex-BHS owner Dominic Chappell denies tax fraud
Online

UK shoppers wasting £641m a year not returning unwanted goods

Asos profits nosedive 68% in full-year results

New PSD2 measures could see one third of shoppers abandon purchases

Notonthehighstreet sees operating profits double in full-year results

Toys R Us partners with Target to relaunch website

Boohoo revenues spike 43% in half-year results

Online retail sales drag in August

Boohoo raises FY guidance after sales come in ‘ahead of expectations’

Shop Direct adds Topshop and Topman to its offering
Economy

Retail sector could face £137m rates hike next year

BRC ‘disappointed’ with business rates relief in Queen’s speech

Grocery sales slow to lowest September growth in two years

Brexit concerns lead to slump in retail spending in September

N Brown returns to profit amid strong H1 results

UK consumer confidence improves in September

Retail sales see ‘modest’ growth in August

Late August bank holiday heatwave lifts grocery sales

H&M battles with landlords over rents
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People: Pablo Isla

Zara owner records a 10% profit rise

Inditex reports record net sales and revenue in H1

by Oliver Rudgewick

September 11, 2019

Inditex Group, owners of retail chain Zara has reported record revenue and net sales for the first half of 2019. Net sales topped €12.82bn (£11.4bn) for the first time, a ...

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