Next raises profit outlook again
Retail chain Next has delivered yet another profit upgrade thanks to soaring demand for partywear over Christmas, but warned over steeper price hikes in...
More than 24,000 B and M workers to get bonus after bumper Christmas
More than 24,000 staff at discount retailer B&M are to get an extra week’s wage for their “considerable efforts” as the group hiked its...
Poundland steps up expansion
Poundland is to open four new flagship outlets and extend its chilled and frozen food line as it defies challenging retail conditions to accelerate...
Boots owner beats expectations as UK pharmacy chain strengthens
Boots owner Walgreens Boots Alliance (WBA) said it has exceeded its expectations for the latest quarter as it was buoyed by a strong showing...
Omicron and work-from-home advice cut December shopper footfall
Much of the progress made in attracting shoppers back to stores was wiped out in December amid surging Omicron cases and new work-from-home advice,...
Deadline to implement Strong Customer Authentication fast approaching
Retailers with an online presence need to ensure they fully support Strong Customer Authentication (SCA) by 14 March 2022 or risk customer purchases being...
Shoppers shun hospitality in favour of supermarkets in December
Households shunned pubs, restaurants and bars in December as the rise of the Omicron variant saw people spending near-record amounts in supermarkets and celebrating...
Andy Bond stepping down as Poundland owner Pepco’s chief over health issues
The chief executive of the parent company of Poundland has announced he is to quit the business due to health reasons later this year.
Andy...
New Selfridges owners plan luxury hotel for Oxford Street site
Historic retailer Selfridges has been bought in a roughly £4 billion deal by a partnership of Thai and Austrian billionaires. Thai group Central and...
Fashion chain Jigsaw ad banned for ‘objectifying’ women
An ad for fashion chain Jigsaw that featured a model climbing over a fence in her underpants has been banned for being likely to...