Search Results for: retail sales
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Features
It’s always someone’s birthday: gift cards remain evergreen
Inflation and rising living costs have turned consumers into paranoid penny-pinchers, who are cautiously awaiting the next fiscal catastrophe to…
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News
ScS reports ‘good strategic progress’ despite losses in H1
Furniture retailer ScS has reported making “good strategic progress” in the first half of the year, despite its loss before…
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DIY
Kingfisher FY22 performance suffers amid strong FY21 comparables
Kingfisher has revealed its post tax profits fell 44% to £471m for the full-year period ended 31 January 2023. The…
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Online & Digital
Amazon to axe a further 9,000 jobs
Amazon has plans to cut a further 9,000 jobs in the areas of cloud computing and advertising as a way…
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Analysis
Private equity is changing supermarkets
After being dethroned as one of the Big Four supermarkets by Aldi in late 2022, Morrison’s most recent blow came…
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Department Stores
John Lewis mulls end to 100% staff ownership structure
John Lewis is considering diluting its 100% staff ownership structure in a bid to raise investment after the business faced…
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News
Morrisons teams up with Jempsons to launch six stores
Supermarket chain Morrisons has announced a partnership with independent retailer Jempsons to launch six new stores under its ‘Together with…
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Clothing & Shoes
Brunello Cucinelli revenues rise 29.1% to €919.7m
Brunello Cucinelli has reported that its 2022 revenues increased to €919.7m (£807.2m), marking a 29.1% rise over 2021, according to…
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Department Stores
John Lewis axes bonus as losses surge to £234m
John Lewis has seen losses plummet to £234m in its full-year results, down from a loss of £27m the prior…
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Supermarkets
Tesco sounds out John Allan replacements
Tesco has reportedly begun sounding out potential replacements for its long-time chairman John Allan, according to Sky News. City sources…
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