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Supermarkets
Asda cost cuts to put 2,832 back-office jobs at risk
Nearly 3,000 Asda employees are reportedly at risk of losing their jobs, according to new reports. According to The Guardian,…
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High Street
December footfall hit by Black Friday
Footfall dropped 2.5% in December, according to the latest figures from Springboard’s footfall monitor and insights. The data provider said…
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Clothing & Shoes
Joules issues profit warning following stock issues
Joules has announced that sales over the Christmas period were “significantly behind expectations”, with retail sales down 4.5% against the…
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Department Stores
John Lewis boss steps down amid poor Christmas sales
John Lewis Partnership has announced its managing director, Paula Nickolds, will step down amid “weak” sales over the Christmas period.…
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Features
Our guide to luxury trends to watch out for this 2020 – What to know
Looking at the luxury industry of today’s market, both in luxury goods and experiences, experts believe that the market will…
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High Street
Greggs to give workers £7m bonus after ‘phenomenal’ year
Total sales at Greggs increased by 13.5% in its full year results, amid a “phenomenal” year of “strong sales”. Company-managed…
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Supermarkets
Morrisons sales suffer over Christmas period
Morrisons has been hit by an “unusually challenging” festive period, it has announced in its latest trading update. Like-for-like sales,…
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News
Aldi sales top £1bn amid ‘record’ Christmas
Supermarket giant Aldi saw sales soar over the festive period, with sales topping £1bn for the first time. In the…
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Department Stores
Next hikes profit forecast after Christmas sales boost
Next has announced a lift to its full-year profit guidance after strong trading over the festive period. Full price sales…
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Tips
4 retail trends to look forward to in 2020
The retail industry will continue to exist and thrive as long as there’s one constant factor – the consumers. The…
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