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Clothing & Shoes
Foot Locker net losses widen to £300m in Q4
Foot Locker has reported a net loss of $389m (£304.8m) for the fourth quarter ended 3 February 2024, one year…
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Supermarkets
Co-op announces Real Living Wage staff pay rise
Co-op has announced a pay increase to at least £12 per hour for store colleagues, in line with the Real…
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Clothing & Shoes
Shein UK breaches company law by failing to disclose PSC
Shein’s UK arm has reportedly failed to disclose its ultimate ownership, breaching company law that could disrupt its reported plans…
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People Moves
Former JLP chairman Peter Lewis passes away
Peter Lewis, who served as chairman of the John Lewis Partnership from 1972 to 1993, has passed away aged 95. …
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Department Stores
John Lewis staff pay to rise 10% amid £116m investment
John Lewis Partnership reportedly has plans to boost staff pay by 10% as part of a £116m investment, according to…
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Economy
Deal activity in F&B recovered in 2023, Grant Thornton finds
Deal activity in the food and beverage sector rebounded last year compared with 2022, when dealmaking was put on pause…
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Economy
Retail sales underperform in February
UK total retail sales rose by 1.1% year-on-year during the four-week period ended 24 February, against a growth of 5.2%…
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People Moves
Footasylum chair and CEO Barry Bown to step down
Footasylum has announced that its executive chairman and CEO, Barry Bown, will be stepping down from his role to take…
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Supermarkets
M&S wins Marble Arch legal battle
The High Court has ruled in favour of M&S’ redevelopment plans of its Marble Arch flagship branch, having called Michael…
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People Moves
GOBI Cashmere appoints new CEO
GOBI Cashmere has announced the appointment of Amarsaikhan Baatarsaikhan as its new chief executive officer, effective from today (1 March). …
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