The former chief executive of Sainsbury’s has been appointed as the next chairman of high street fashion brand New Look.
Mike Coupe, who ran the supermarket for six years, will join the company later this month, replacing Alistair McGeorge in the role.
The appointment comes after New Look underwent a major overhaul in recent years under Mr McGeorge’s reign, including a...
Online sales fell last month as shoppers returned in droves to physical stores, according to new data.
The British Retail Consortium (BRC) and KPMG monthly sales monitor found that non-food online sales dropped 4.6% in August, with 38.3% of sales now online compared to 42% during the same month a year earlier.
Total retail sales managed to continue rising in August...
Bosses at high street fashion chain Ted Baker have said they will be relying less on heavy promotions and focusing on trying to sell more clothes at full price under a recovery plan.
The retailer said the strategy has seen online sales fall as a result but managers remain unconcerned as the business recovered strongly following the end of Covid-19...
Dunelm is set to confirm that sales surged by more than a quarter over the past year despite store closures, as locked-down customers spruced up their homes.
The homeware and soft furnishing retailer has been a significant beneficiary of lockdown trends, with more people seeking to redecorate their homes after being cooped up in the properties for the past 18...
Ikea has said it is struggling to meet high demand for some of its products, especially mattresses, as Britons buy new furniture for the homes they spent much more time in during lockdown.
The furniture giant said it had been hit by issues in its supply chain, caused by a series of simultaneous challenges.
“Like many retailers, we are experiencing ongoing...
Asda has confirmed plans to expand its convenience stores into petrol stations, with 28 launching this year and a further 200 next year.
The details come as the supermarket also revealed two more senior executives have quit, following the departure of chief executive Roger Burnley, who left earlier than expected last month.
The Asda On the Move sites will be opened...
Almost 50 chain stores per day closed down on British high streets, retail parks and shopping centres in the first half of the year, according to research.
But the rate of closures slowed compared with the first six months of 2020, a survey conducted for accountancy firm PwC found.
Figures collected by the Local Data Company showed 8,739 shops shut across...
Armourcoat Ltd a decorative surface finishes specialist based in Sevenoaks, Kent have announced the publication of their new set of Environmental Product Declarations (EPDs) providing Architects and Specifiers transparent, verified and comparable information about the environmental impact of their products.
Armourcoat recognise that Architects and specifiers are under huge pressure to ‘specify green’ and their biggest challenge is to compare...
The UK competition regulator has said it still has concerns that JD Sports’ proposed takeover of rival Footasylum could “lead to a worse deal for shoppers”.
It comes after the Competition and Markets Authority (CMA) blocked the £90 million takeover last year but was forced to reassess its decision following an appeal from the sportswear firm.
The CMA said it has...
Residents from the United Kingdom know that Sainsbury's, Tesco, Morrisons, and Asda dominate the grocery marketplace. These companies sustain such prominence that significant media coverage regarding that announcement alleviates supply chain disruptions whenever financial updates are publicly issued. These Yearly Overviews of the UK Retail Sector is crucial for merchants.
There are thousands of suppliers & food manufacturers that are...