Ikea facing mattress shortages amid post-lockdown demand spike
Ikea has said it is struggling to meet high demand for some of its products, especially mattresses, as Britons buy new furniture for the...
Mike Ashley ‘set to step down’ as boss of Sports Direct’s parent company
Sports Direct founder Mike Ashley is set to step down from leading his retail empire and hand the reins to his prospective son-in-law, according...
Travis Perkins ups guidance despite soaring costs
Travis Perkins hiked its profit forecast on Tuesday despite a major rise in costs in the past three months.
The business said that it believes...
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...
N Brown hopes Amanda Holden and Davina McCall can bring sparkle to brands
Retailer N Brown has leaned heavily on its core brands in the last few months as the business signed up Amanda Holden and Davina...
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...
LVMH and Google Cloud create strategic partnership for AI and cloud-based innovation
LVMH and Google Cloud have announced a strategic partnership to accelerate innovation and develop new cloud-based artificial intelligence (AI) solutions. Both companies will join...
DFS buoyed by pent-up sofa demand after showrooms reopen
DFS has revealed that sofa orders surged after it saw pent-up demand released following the reopening of its showrooms in April.
Shares in the furniture...
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...
This year unlikely to be as good as bumper pandemic performance, B&M warns
B&M has warned investors to expect a drop in revenue in its current financial year as the company comes off an excellent performance during...