Discount retailer B&M Bargains has revealed profits are now expected to be higher than first thought.
The company issued an unexpected update to the stock market, saying that while sales remain in line with the City’s expectations, the profits made on goods has been higher than first thought.
The news sent shares up nearly 5% within minutes of the announcement, with...
Homewares chain Dunelm has announced plans to hand a £132 million payout to shareholders after profits soared despite the pandemic closing stores.
But bosses at the firm said there are still no plans to hand back any of the £22 million saved from the Government’s business rates holiday.
The company pointed out it has already repaid the money claimed under the...
Long-term wearability has become the most important consideration for two-thirds of clothes shoppers, a study suggests.
A similar proportion said making environmentally-conscious buying decisions is also “important”, according to research by Oxford Economics and YouGov.
The State of Retail Report for the British Fashion Council and “buy now, pay later” service Clearpay found consumers are looking to make more responsible fashion...
Costa Coffee is to create 2,000 jobs and give its staff a 5% pay rise.
The chain said its 14,500 employees across the UK will receive the wage increase in recognition of their “commitment and continued passion” during the pandemic.
Costa is also looking to recruit more than 2,000 new workers as it prepares for a busy festive season, with more...
DemandTec, which offers end-to-end, AI-powered lifecycle pricing solutions globally, has announced the appointment of Denise Vardakas-Styrna as VP, Marketing. This news comes right after DemandTec’s appointment of Todd P. Michaud as the new CEO. Michaud appointed Vardakas-Styrna at a time when he is focused on accelerating DemandTec’s growth and market leadership.
Vardakas-Styrna most recently served as Chief Marketing Officer for...
After an exciting process of reviewing a record amount of entries, the shortlist for the third Creative Retail Awards has been revealed. The Awards recognise and reward innovation and excellence in retail design and experience from around the world.
The winners and highly commended entries will be announced at a unique awards ceremony to be held at Proud Embankment on...
Last-minute shoppers are incredibly common, and they aren’t always made up of old-fashioned procrastinators. Regardless of why people show up to your eCommerce store at the last second, you still need a way to lure them in.
Offering last-minute gift ideas and curating some options can help remove guesswork, but these other ideas will truly put eyes on your...
Ben Balfour, Business Operations Director at Advanced Supply Chain Group, shares top tips about how retailers can prepare their supply chains for a Black Friday and Christmas sales surge.
1) Don’t play the waiting game
There are numerous headlines about shipping delays and stock shortages, and growing concerns about getting goods to the UK in time to satisfy festive sales demand. With this...
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...