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People Moves
Mothercare CEO steps down
Mothercare has announced that Mark Newton-Jones has stepped down as CEO of the retailer, effective today (22 January). He will…
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High Street
57,000 retail jobs lost in 2019
Some 57,000 retail jobs were shed in 2019, according to the latest retail employment monitor from the British Retail Consortium…
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High Street
WH Smith travel division drives revenue growth
WH Smith has announced it delivered a “good performance” over the Christmas trading period, with total revenue up 7% for…
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Supermarkets
Aldi hikes minimum wage
Aldi has announced it will implement “market leading” pay rates for its store colleagues. All employees will earn a minimum…
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Clothing & Shoes
Joules revenues hit by late Black Friday
Fashion retailer Joules has reported a 1.4% decrease in group revenue to £111.6m for the half-year period ended 24 November…
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Property
Intu seeks £1bn of emergency funds
Intu has announced it will seek to raise equity in its efforts to fix its balance sheet. The commercial real…
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High Street
Paphitis delivers ‘resilient’ full year and Christmas performance
The Paphitis retail group has reported a ‘resilient’ performance amid ‘challenging’ conditions in both its full year and Christmas results. …
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DIY
Halfords hails ‘strong’ Q3 sales performance
Halfords has reported a “solid” performance in its third quarter of trading, with total group revenue up 4.6%. In the…
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Clothing & Shoes
Quiz sales tumble amid ‘challenging’ Christmas
Quiz suffered a “disappointing” period of Christmas sales, as group revenue fell by 9.3% over the seven week period ended…
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Clothing & Shoes
Boohoo reports ‘strong growth’ over Christmas
Boohoo has reported a period of “strong growth” across all its brands in the four months ended 31 December. Total…
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