Search Results for: retail sales
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News
Today’s news in brief-12/8/24
Asda’s chair, Lord Rose, expressed embarrassment over the supermarket’s recent performance, citing a 5.3% drop in like-for-like sales and a…
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News
Today’s news in brief-9/8/24
Recent riots and protests across UK towns have significantly deterred shoppers, leading to a 4.8% decrease in footfall across high…
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Supermarkets
Asda revenues fall 2.2% in Q2
Asda has revealed that its total revenues fell 2.2% excluding fuel, to £5.3bn for the three months ended 30 June…
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Supermarkets
Deliveroo returns to profit in H1 amid ‘encouraging’ consumer behaviour
Deliveroo has returned to profit following a strong performance in H1, as profits hit £1.3m for the period, up from…
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News
Today’s news in brief-7/8/24
Chris Brook-Carter, CEO of Retail Trust, highlighted an increase in calls from retail workers fearing for their safety amidst recent…
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Sport & Leisure
Puma Q2 performance meets expectations
Puma has revealed its Q2 performance met expectations as sales increased 2.1% to €2.11bn (£1.8bn) thanks to improved demand in…
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Supermarkets
Sainsbury’s to ‘transform customer experience’ with new AI deal
Sainsbury’s has announced it has signed a seven-year deal with NCR Voyix to help “transform its shopping experience”. The deal…
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News
Asos proposes new executive pay plan
Asos has proposed changes to its remuneration policy with the introduction of a new Value Creation Plan (VCP). The retailer…
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News
Today’s news in brief-5/8/24
Authentic Brands Group has announced strategic partnerships to bolster Ted Baker’s presence in the US and Canada. United Legwear &…
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Luxury Goods
Ferragamo net profits plummet 73% in H1
Ferragamo’s net profits plummeted 73% to €6m (£5.1m) for the first half of the year ended 30 June 2024. In…
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