-
High Street
Poundworld rescue talks collapse putting 5,000 jobs at risk
Poundworld is expected to appoint administrators today after last-ditch rescue talks collapsed leaving over 5,000 jobs at risk. The discount…
Read More » -
DIY
B&Q announces sales overhaul with 700 employees consulted over new roles
B&Q has announced that it is to make changes to its sales processes with 700 employees consulted over the changes.…
Read More » -
People Moves
Sainsbury’s promotes Clodagh Moriarty to new digital role
Sainsbury’s has promoted Clodagh Moriarty to its operating board as group chief digital officer with immediate effect. Moriarty will create…
Read More » -
High Street
WHSmith Q3 sales boosted by travel business
WHSmith has posted an uptick in Q3 sales driven by the continued growth of its travel business. In the 13-week…
Read More » -
Comment
The scale of retailers’ underpreparedness
Against the backdrop of compressed margins and relentless competition from the large retailer players such as Amazon, and with more…
Read More » -
Electrical
AO World reports profitability on track for 2021 despite heavy losses
AO World has insisted it is still on track to be profitable by FY21 despite reporting a group operating loss…
Read More » -
High Street
Poundworld sale rumoured to be edging closer
Poundworld is reportedly edging closer to a rescue deal with its owners TPG are rumoured to be finalising the terms…
Read More » -
People Moves
Pension Regulator’s Lesley Titcomb to step down
The chief executive of The Pensions Regulator (TPR), Lesley Titcomb, is to step down at the end of her contract…
Read More » -
Supermarkets
Asda profits plunge 10% due to price cuts aimed to ‘return momentum’
Supermarket giant Asda has reported a 10% drop in profits for the full-year period up until 31 December 2017 attributed…
Read More » -
Advice
The real cost of ‘freeturns’ for retailers?
In today’s hyper-competitive online environment, ecommerce directors face a difficult choice when it comes to the thorny issue of online…
Read More »