Superdry stock delayed by up to six weeks during supply disruption
Superdry has suffered delays of up to six weeks in dispatching its wholesale stock but said it believes the worst of the current supply...
UK leads Europe for shopper footfall in October
The UK led the way for shopper footfall among the major European economies in October in an encouraging sign for retailers ahead of Christmas,...
West End retail recovery on track with £1.2 billion set to be spent this...
Despite a strong recovery in footfall, West End retailers are facing a challenging festive period due to the continued absence of high spending international...
Competition watchdog rules JD Sports must sell Footasylum
JD Sports must sell Footasylum after a watchdog found serious concerns that competition would be reduced following an in-depth investigation.
The Competition and Markets Authority...
Sainsbury’s profit surges despite supply chain pressures
Sainsbury’s has revealed a jump in half-year profits despite falling recent sales after its Argos business was knocked by supply chain challenges and easing...
Currys to hand £75m to shareholders as sales remain strong
Currys has announced plans to hand back £75 million to shareholders through a share buyback following strong sales compared with pre-pandemic levels.
Bosses said sales...
Shoe Zone raises profit guidance after better-than-expected sales
Shoe Zone has lifted its profit targets after recent sales were better than the company expected.
Shares in the discount shoe retailer, which runs 410...
Sainsbury’s to reveal how profits have been hit by supply chain and inflation
Sainsbury’s is set to reveal how badly profits have been hit by supply chain strains and inflation pushing up costs across the business.
The grocery...
Burberry hires Versace boss as its new chief executive
Luxury fashion group Burberry has named Gianni Versace boss Jonathan Akeroyd as its new chief executive.
Mr Akeroyd, 54, will take up the post on...
Bullring owner says no more rent holidays as shoppers return
Commercial property owner Hammerson has revealed the number of shoppers heading to its sites has improved to between 15% and 20% below pre-Covid levels.
But...