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DIY
Wickes demerger to commence following FCA approval
Travis Perkins has “marked the next milestone” in the demerger of Wickes from the group after submitting a proposal of…
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Supermarkets
McColls profit dips in FY20 despite rising convenience demand
McColls has announced that its profit for the year ended 29 November 2020 slipped by 4.7% to £300.9m, despite noting…
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DIY
Kingfisher full-year profits soar amid DIY boom
Kingfisher has announced that pre-tax profit soared by 44.4% to £786m in the year ended 31 January 2021, following a…
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Analysis
Lidl & Aldi – Location, Location, Location
The demise of the high street and the evolution that part of retail is currently experiencing is extremely well documented.…
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People Moves
Asda CEO Roger Burnley to step down
Asda has confirmed that CEO and president Roger Burnley will step away from the business next year, once the supermarket…
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News
Ocado revenue soars amid ‘dramatic’ shift to online
Ocado has announced that retail revenue soared by 40% in its first quarter ended 28 February 2021, amid a “dramatic…
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Online & Digital
Zalando targets 10% share of European market
Zalando has revealed its plans to capture 10% of the European fashion market by 2025, with ambitions to grow its…
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News
ScS welcomes ‘record’ H1 amid pent up demand
ScS has welcomed a “record” performance in the half-year ended 23 January 2021, with revenues up by 14.4% to £173.9m,…
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High Street
Oxford Street kicks off £150m regeneration plan
Westminster City Council has launched its “ambitious” £150m plans to renovate Oxford Street, beginning with a series of temporary interventions…
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Comment
PCI – whose problem is it, anyway?
Remember when the General Data Protection Regulation (GDPR) legislation hit in the UK? Well, it came out in May 2018,…
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