Search Results for: retail sales
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Clothing & Shoes
H&M swings to £92m pre-tax loss in Q1
H&M has announced it has swung to a pre-tax loss of SEK 1.1bn (£92m) in its first quarter trading update…
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High Street
Argos to provide £500,000 to customers, amid CMA warranty findings
Argos has announced it will provide over £500,000 to customers who may have missed out on a cheaper extended warranty…
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High Street
Tui to close 48 high street sites
Tui, the travel operator, has announced that it is closing 48 of its UK high street sites, impacting 273 jobs…
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Department Stores
John Lewis to close eight stores placing 1,465 jobs at risk
The John Lewis Partnership has announced that it will not reopen eight of its 42 John Lewis shops from lockdown,…
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Online & Digital
Faire launches UK operations
Faire, an online wholesale marketplace, has announced its launch in the UK and Netherlands. Founded in 2017, the provider of…
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Supermarkets
McColls profit dips in FY20 despite rising convenience demand
McColls has announced that its profit for the year ended 29 November 2020 slipped by 4.7% to £300.9m, despite noting…
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High Street
Terrys revenue soars 109% YOY
Terrys has reported an overall revenue increase of 109%, to an undisclosed amount, over the last year after seeing a…
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DIY
Kingfisher full-year profits soar amid DIY boom
Kingfisher has announced that pre-tax profit soared by 44.4% to £786m in the year ended 31 January 2021, following a…
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Supermarkets
Iceland spends £150m on deals despite pocketing £40m Covid relief
Iceland’s owners have taken and spent £150m from the supermarket chain since the beginning of the pandemic, despite refusing to…
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People Moves
Asda CEO Roger Burnley to step down
Asda has confirmed that CEO and president Roger Burnley will step away from the business next year, once the supermarket…
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