Search Results for: retail sales
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Supermarkets
Asda to scrap 10,000 bonuses for managers amid cost-cutting plans
Asda is reportedly set to axe the bonuses of thousands of workers as it looks to cut costs amid troubled…
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News-In-Brief
Today’s news in brief-28/2/25
London Mayor Sadiq Khan has launched a public consultation on proposals to pedestrianise Oxford Street, aiming to transform it into…
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News-In-Brief
Today’s news in brief-26/2/25
The British Retail Consortium (BRC) has warned that one in 10 part-time retail jobs, equating to up to 160,000 roles,…
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Property
Hammerson rental income falls as it slashes net debt
Hammerson has seen its gross rental income fall from £208m to £189m for the year ended 31 December 2024. As…
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Department Stores
Angling Direct revenues surge 11.9% to £91.3m in FY 2025
Angling Direct, the omni-channel specialist fishing tackle retailer, has reported a 11.9% surge in £91.3m in FY 2025, driven by…
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News-In-Brief
Today’s news in brief-25/2/25
The UK government is set to introduce stricter measures to combat retail and street crime through a new Crime and…
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Supermarkets
Convenience stores more effective for brand-building, Co-op study finds
Convenience retail media is reportedly able to “super charge” brand recall four times more than campaigns in larger stores, due…
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Features
The decline of UK department stores: can they survive?
The decline of department stores in the UK has been one of the most significant shifts in the retail sector…
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Online & Digital
Shein profits falter ahead of planned London IPO
Shein’s profits reportedly dropped by 40% to $1bn (£791m) in 2024 as the online retailer suffered a difficult final quarter…
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News-In-Brief
Today’s news in brief-20/2/25
Fashion retailer Quiz has appointed administrators to its subsidiary Zandra Retail, resulting in the closure of 23 loss-making stores and…
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