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Clothing & Shoes
TK Maxx owner sees Q4 net sales hit $14.5bn
TJX Companies, parent company of discount clothes retailer TK Maxx, has announced a 5% increase in net sales to $14.5bn…
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People Moves
Original Factory Shop offers interviews to laid off Wilko staff
The Original Factory Shop has announced that it will guarantee an interview to anyone who is at risk of or…
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Supermarkets
Tesco gives staff third pay rise in 10 months
Tesco has announced that it has agreed to raise its staff’s hourly wages by 72p from £10.30 to £11.02. This…
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News
Nearly 15,000 retail jobs lost in 2023
Nearly 15,000 retail jobs have been lost since the start of the year, according to new data from the Centre…
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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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