Search Results for: retail sales
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News
Today’s news in brief-15/3/24
After 14 years of service, Iain McDonald, a non-executive director at THG, has announced his intention to step down from…
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Advice
Things to consider for your next pricing strategy
Effective pricing not only attracts customers, but also maximises profits and ensures sustainability in a competitive market. As retailers navigate…
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DIY
Bensons For Beds returns to profitability in FY23
Bensons For Beds has reported a return to profitability as turnover grew by 7.5% to £257.5m for the 53 weeks…
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News
Today’s news in brief-14/3/24
John Lewis announced a pre-tax profit of £42m, a significant turnaround from the previous year’s loss of £78m. Despite this,…
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Electrical
Music Magpie FY23 losses widen
Music Magpie has revealed that pre-tax losses have widened to £6.8m during the year ended 30 November 2023 from £1.5m…
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Department Stores
John Lewis returns to profit but pays no staff bonus
John Lewis has revealed a pre-tax profit of £42m before exceptional items for the year ended 27 January 2024, up…
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News
Today’s news in brief-13/3/24
Morrisons reported a loss of £1.1bn for the year ending October 2023. The increase in debt, mainly due to the…
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News
Today’s news in brief-12/3/24
Superdry is in talks with Hilco Capital for a loan of up to £20m. This loan would support the company’s…
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High Street
Ann Summers profits hit £61.8m in FY23
Ann Summers has reported that gross profits for the 53-week period to 1 July 2023 hit £61.8m, spelling a 3%…
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Clothing & Shoes
Mango turnover hits record €3.1bn in FY23
Spanish fashion retailer Mango has reported a 15% increase in turnover, reaching €3.1bn (£2.6bn) for the 2023 financial year. Man…
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