-
Clothing & Shoes
Asos maintains profit guidance despite HY sales falling 18%
Asos has reported that sales fell by 18% during the half-year period to 3 March, which the online retailer…
Read More » -
Shopping Centres
Cribbs Mall to welcome Sweaty Betty store
Cribbs Mall has announced that Sweaty Betty will be opening a new 1,714 sq ft store at the West Country…
Read More » -
Supermarkets
Ocado faces shareholder revolt over £15m CEO bonus
Ocado reportedly could see a shareholder revolt over executive pay after a proxy advisor recommended investors vote against the retailer’s…
Read More » -
Economy
Retail sales flatline in rainiest February on record
UK retail sales experienced no growth (0.0%) in February, down from 3.6% in the month prior, as wet weather discouraged…
Read More » -
Online & Digital
Alibaba records rise in SME buyers at March Expo 2024
Alibaba.com has recorded a positive rise in the number of active B2B buyers from the UK at this year’s March…
Read More » -
Online & Digital
Temu revenues double to £27bn in FY23
Temu owner PDD Holdings has reported total revenues at the discount e-retail group hit ¥247bn (£27bn) in the full year…
Read More » -
Supermarkets
One Stop announces home delivery partnership with Snappy Shopper
Retail convenience chain, One Stop, has selected Snappy Shopper as one of its home delivery partners, following a trial period…
Read More » -
Comment
How can the physical retail sector win its battle to survive?
It is well known that the high street is battling for survival. Insolvency statistics released this month show a 17%…
Read More » -
Supermarkets
Tesco to change Clubcard logo after losing Lidl legal battle
The Court of Appeal has agreed in favour of Lidl in the dispute between the German discount chain and Tesco,…
Read More » -
Clothing & Shoes
Ted Baker to call in administrators
The US owner of Ted Baker, Authentic Brands Group, has announced its intention to appoint Teneo Financial Advisory as administrators…
Read More »