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Clothing & Shoes
Lululemon sees Q1 sales surge 20%
Athleisure brand Lululemon has posted a 20% increase in Q1 net revenues to $782.3m (£617m). For the period ending 5…
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Advice
Six tips to utilise the government’s R&D tax credit scheme
Research and development (R&D) tax credits are a government incentive designed to reward UK companies for investing in innovation. However,…
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Supermarkets
Tesco Q1 sales slow amid ‘subdued’ UK market
Tesco has reported Q1 like-for-like sales growth of 0.2% attributed to what it calls a “subdued” UK market. For the…
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Online & Digital
Boohoo Q1 sales surge 39%
Boohoo has seen group sales surge 39% as revenues reached £245.3m for the three months ending 31 May. The online…
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Advice
Understanding the true cost to serve
The boom in the e-commerce industry over the last 10 years has led to a saturated marketplace, with retailers facing…
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Supermarkets
Sainsbury’s fails to get Equal Pay claims struck out
An employment tribunal has rejected Sainsbury’s argument that equal pay claims for store staff should be struck out. Following the…
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High Street
Games Workshop announces bonuses of £5m as profits hit at least £80m
Games Workshop has announced its staff are to receive bonuses totaling £5m, as it expects full-year profit before tax to…
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Advice
Offering frictionless delivery is key to winning over millennials
Driven by the rise of online shopping and the modern on-demand lifestyle, millennials now expect their customer journey to be…
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People Moves
New Look founder to step down
Following completion of its restructuring transaction announced on 3 May 2019 New Look’s founder, Tom Singh, has decided to retire…
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Economy
Banking red tape holding back UK retailers abroad
Almost three quarters (71%) of UK retailers would like their businesses to further expand internationally, however most (57%) believe overseas…
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