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News
UK retail sales unexpectedly rise due to January discounts
Retail sales volumes in the UK are estimated to have increased by 0.5% in January 2023, according to data from…
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Supermarkets
Aldi to create 6,000 new jobs this year
Aldi has announced that it is set to create 6,000 new jobs in 2023 amid plans to open new stores…
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Department Stores
Dunelm profits fall 17% despite sales increase
Home retailer Dunelm has announced a 17% fall in its pre tax profits to £117m, down from £141m, for the…
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DIY
Former Topps Tiles CEO acquires Tile Giant out of administration
Specialist retailer Tile Giant has been sold out of administration to two separate companies; Stiled Holdings and CTD Tiles. Interpath…
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Sport & Leisure
Castore in $200m fundraising talks in bid to rival Nike and Adidas
Sportswear brand Castore is reportedly in talks with investors about a $200m (£166m) fundraising deal as it aims to compete…
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Clothing & Shoes
Adidas lowers guidance amid Kanye West split
Adidas has announced that it expects its revenues to drop at least €1.2bn (£1.1bn) as a result of its split…
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Clothing & Shoes
VF Corp Q3 revenues down as Vans underperforms
Vans owner VF Corporation has announced a 3% drop in revenue driven by a 13% fall in sales from the…
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Economy
Inflation to add £18.2bn to UK non-food sales
Inflation is set to add around £18.2bn to non-food sales in the UK according to the Ecommerce Delivery Benchmark Report…
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Economy
Jan retail sales rise 4.2% but fall YOY
Total retail sales in the UK rose 4.2% in January, a marked drop off when compared with the same period…
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Supermarkets
Tesco exec Jason Tarry touted to replace Morrisons CEO
Tesco executive Jason Tarry has been identified as a potential replacement for Morrisons CEO David Potts, according to reports from…
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