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DIY
Screwfix closes in on 1,000 store target with 87 new sites in 2022
Trade retailer Screwfix is on track to reach its ambition to open more than 1,000 stores across the UK, Republic…
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Advice
What does France’s new environmental legislation mean for UK retail?
When it comes to environmental legislation, France is a pioneer. A decade ago, it became the first country to introduce…
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Economy
BoE raises interest rates to 4%
The Bank of England (BoE) has announced that interest rates will be raised by 0.5%, bringing the base rate of…
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DIY
ScS maintains outlook as it returns to growth
Furniture and flooring retailer ScS has revealed it expects to meet its full-year market expectations after it returned to growth…
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Supermarkets
Tesco acquires Paperchase IP in pre-pack deal
Tesco has acquired the intellectual property and brand of embattled stationery retailer Paperchase for an undisclosed sum in a pre-pack…
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Supermarkets
Tesco in talks to acquire paperchase out of administration
Tesco is reportedly close to acquiring stationery retailer Paperchase out of administration. According to Sky News, Tesco is in advanced…
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Clothing & Shoes
LVMH profits and revenues surge 23%
LVMH Moët Hennessy Louis Vuitton, the luxury goods group, revealed it recorded revenues of €79.2bn (£69.6bn) in 2022 and profits…
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Clothing & Shoes
Superdry lowers FY profit guidance to breakeven
Superdry has revealed it recorded an adjusted loss before tax of £13.6m for the 26-week period ending 29 October 2022,…
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Comment
Reasons retailers should prioritise delivery
The Covid-19 Pandemic accelerated the growth in e-Commerce and it is going to continue to grow as consumers value the…
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Supermarkets
Sainsbury’s launches healthy overnight drive-thru for shift workers
Sainsbury’s has launched a healthy overnight drive-through aimed at shift workers who it says have the unhealthiest diets in the…
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