Insatiable appetites for sausage rolls and steak bakes since the easing of lockdown have been greater than first thought, according to Greggs.
The high street giant has revealed sales are returning at a faster rate than expected, with bosses saying an expected slowdown at Greggs from the reopening of cafes and restaurants last month failed to materialise.
In a short update...
Dixons Carphone is expected to reveal £151 million in profits for the past year after it saw its online-focused strategy shift accelerated by the pandemic.
The electricals retailer is expected to announce the pre-tax profit, broadly in line with analyst predictions, in its full-year trading update on Wednesday June 30.
The group has already said that it expects to unveil a...
Marco Gobbetti has quit as chief executive of luxury fashion brand Burberry after nearly five years in the job.
The boss, who replaced Christopher Bailey in 2017, will leave the UK-based retailer to take up a new, unspecified, role in Italy to be closer to his family, the company said.
The board will now begin the search for a successor, with...
JD Sports is set to buy a majority stake in Spanish retailer Deporvillage in a deal worth about £120 million (140.4 million euros).
Shares in JD Sports nudged lower on Monday after it told investors it had sealed a conditional agreement to buy an 80% share in the Catalonian business.
Deporvillage is an online-only retailer which focuses on the sale of...
Industry-leading retail technology provider, Sitoo, have secured top honours at the prestigious Retail Systems Awards 2021, picking up two awards for Best In-store Innovation of the Year, which recognised the ongoing work Sitoo has done in digitally transforming fashion brand, Tiger of Sweden, and the award for Best Omnichannel Solution of the Year.
The awards, now in their 16th year,...
Lightspeed a leading provider of cloud-based, omnichannel commerce platforms, announced today it will integrate Google tools directly into its platform, to help independent businesses globally as they safely re-open and expand their in-store capacity. As consumer preference towards shopping locally increases, the direct integration between Lightspeed and Google will allow independent retailers to manage a number of Google tools...
Unfortunately, the past year and a half of lockdowns and social distancing means that we are seeing a lot of companies go bust. There was simply too much of a burden placed on them during this tumultuous time even though there seems to be a light at the end of the tunnel. This relief has come too late for...
Lloyds Banking Group has faced anger after announcing the closure of 44 branches across England and Wales.
Unite said the decision was a “bitter blow” to staff and customers and accused the bank of “walking away” from local communities.
Lloyds said 29 Lloyds Bank and 15 Halifax branches would close, adding that customers were carrying out “significantly” fewer transactions at these...
This month sees accessible health and beauty retailer, Superdrug, launch new online technology, ‘Superdrug Store Insider,’ to ensure that online customers are able to get the same personal service and expert advice as when visiting a Superdrug store.
The ‘Superdrug Store Insider’ service is now available to all Superdrug.com customers and will connect online users to Superdrug store colleagues for...
Unfortunately for many department stores, the pandemic has been a final blow in the battle with online retail, spiralling real estate costs and difficulty serving up physical retail that is consistently experiential, engaging and adaptable. Stores that we thought would be with us for generations to come are shuttering their doors permanently, with Debenhams among the latest casualties. Unfortunately,...