Tesco sales surge ahead despite tough comparisons from first lockdown
Tesco managed to continue growing sales in the 13 weeks to May 29 compared with a year earlier despite the same period in 2020...
Retailers suffer surprise sales fall despite reopening
Retailers suffered a surprise setback in May as a drop in food sales offset the gains seen by non-essential shops after they reopened.
Sales in...
More than a quarter of payments in 2020 were contactless as cash use plunged
More than one in every four payments last year were contactless as cash use plunged, according to figures from a trade association.
Coins and banknotes...
ScS hikes outlook for this year and next as orders surge
Sofa retailer ScS has hiked its outlook for this financial year and next after seeing orders soar since stores reopened.
The firm, which has 100...
Halfords set to see profits almost double as public transport ditched for bikes
Halfords’ profits are set to almost double for the past year after people shunned public transport in favour of bikes and cars during the...
Lockdown switch away from suits hurts sales at Ted Baker
The lockdown preference for comfortable clothes rather than suits and shirts hurt Ted Baker as the company saw its revenue collapse.
The clothes retailer said...
Selfridges put up for sale with £4bn price tag
The Weston family has reportedly lined up Credit Suisse to explore a sale, prompted by an approach for the business.
The sale would include the...
Card Factory slides to £16m loss following Covid store closures
Card Factory has swung to a loss for the past year after store closures slashed its sales by more than a third.
Shares in the...
Upper Crust owner extends losses as pandemic restrictions bite
Upper Crust owner SSP has warned it does not expect to recover to pre-pandemic levels for another three years as it sunk to a...
Sales at Zara owner jump beyond pre-pandemic levels after online shopping surge
The owner of fashion brand Zara has said its latest sales are ahead of pre-pandemic levels after benefiting from a surge in online shopping.
Spanish...