Search Results for: retail sales
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Supermarkets
M&S warns of £300m profit hit following cyber attack
Marks and Spencer has reported its highest profits in over 15 years, with pre-tax profits up by 22.2% to £875.5m…
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Features
What’s next for next-day deliveries?
Once the gold standard of eCommerce innovation, next-day delivery was long seen as the pinnacle of convenience – a service…
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Clothing & Shoes
Nike to axe jobs in technology division
Nike is downsizing its technology division and laying off some of its employees, according to Bloomberg News. A representative from…
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High Street
Poundland store closures ‘likely’ as sale nears completion
Poundland store closures are reportedly “likely” as Gordon Brothers, the former owner of Laura Ashley, has emerged as a frontrunner…
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Comment
Let’s not profit over young people’s mental health
The prognosis for the national – and now the global – economy is looking dire, yet “Awful April” is just…
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News-In-Brief
Today’s news in brief-15/5/25
B&M has appointed former Tesco executive Tjeerd Jegen as its new CEO, effective 16 June 2025. Jegen brings 25 years…
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High Street
B&M appoints ex-Tesco exec as new CEO
B&M has announced the appointment of Tjeerd Jegen as its new chief executive officer. The value retailer revealed that Jegen…
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DIY
Wickes revenues up almost 7% in Q1
Wickes has announced that its group revenues have risen 6.9% to £533.1m during the 17 weeks ended 26 April 2025.…
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Department Stores
M&S insurance payout could hit £100m after cyberattack
Marks and Spencer’s insurance payout could be as much as £100m following the recent cyberattack where customer data was stolen,…
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