John Lewis and Waitrose to axe around 1,000 store workers
The John Lewis Partnership (JLP) has told staff that it is proposing around 1,000 redundancies across its department stores and Waitrose supermarkets.
The company said...
Online retail sales slip in June as shoppers return to high street
Online retail sales slid last month as customer spending was diverted back to the high street following the reopening of stores, according to new...
Superdrug profits slide despite ‘essential’ retailer status
Superdrug has seen profits plunge nearly 80% during the year despite remaining open as an essential retailer throughout the pandemic.
The company said pre-tax profits...
Hotel Chocolat to create 250 jobs as online sales soar
Hotel Chocolat is set to create 250 new jobs this year as part of expansion plans as the boss revealed online sales are expected...
Record quarter for UK retail sales after strong reopening
Retail sales have surged by record levels over the past three months as shoppers flocked back to stores following the easing of lockdown restrictions,...
Sainsbury’s chairman hails ‘progress’ as he shrugs off takeover talk
The chairman of Sainsbury’s has shrugged off speculation that the supermarket group could be the latest target of a private equity takeover and hailed...
Asos launches joint venture to sell Topshop clothes in US stores
Asos has partnered up with US retailer Nordstrom in a new joint venture that will see Topshop clothes sold in physical stores again for...
Watches of Switzerland to expand into Europe amid soaring sales
Luxury retailer Watches of Switzerland has revealed plans to launch across Europe as it posted soaring annual profits thanks to customers’ booming “disposable wealth”...
B&M sees sales slip after strong trade during Covid lockdowns
Sales at B&M Bargains fell as the business faced tough comparisons with strong trade during the Covid-19 lockdowns a year ago when it remained...
WH Smith snaps up former Dixons Travel stores to expand InMotion chain in UK
Retailer WH Smith has bought a raft of former Dixons Travel stores in airports as it expands its US InMotion tech and accessories business...