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Clothing & Shoes
Nike revenues remain flat in Q2
Nike has announced that revenues in its second quarter rose by 1% to $11.4bn (£8.6bn), remaining flat as it continued…
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Supermarkets
M&S links £850m loan to net zero goals
Marks and Spencer will accelerate its sustainability initiatives after securing funding through a new £850m revolving credit facility that is…
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Online & Digital
Matalan partners with The Hut Group in new digital drive
Matalan has partnered with THG Ingenuity in a bid to accelerate its digital drive and support “extensive” online growth, in…
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Comment
Why 2022 will be a defining year for UK retail
Retailers are coming out of what has been another challenging year but are undoubtedly now optimistic and looking forward to…
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Supermarkets
Tesco turns to refrigerated rail service to slash CO2 emissions
Tesco has announced it will begin to use a refrigerated rail freight service to transport goods across the UK over…
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Clothing & Shoes
In The Style profit halves amid supply chain issues
In The Style has seen its profit halve in the six months ended 30 September 2021, falling by 51.3% as…
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High Street
New store openings boost Poundland sales
Poundland owner the Pepco Group has announced that earnings soared by 46% to €647m (£552m) in the full-year ended 30…
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Clothing & Shoes
Nike acquires RTFKT brand
Nike has announced it has acquired RTFKT, a brand that reportedly uses “cutting edge innovation” to deliver next generation collectibles…
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Department Stores
Frasers Group launches £70m share buyback
Frasers Group has announced that it intends to launch a new share buyback scheme for a purchase price “no greater”…
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DIY
B&M to pay £250m to shareholders
B&M has announced that its board will pay out a total of £250m to shareholders after declaring a special dividend…
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