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Supply Chain
Ocado to close warehouse risking 2,300 jobs
Ocado has announced that it is closing its fulfilment centre in Hatfield putting 2,300 jobs at risk. The retailer stated…
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Luxury Goods
Kering set to pay £13m rent for Bond Street store
Luxury retailer Kering is set to pay £13m or more per year for a new Yves Saint Lauren store on…
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Economy
Poor weather sees retail sales fall 0.9% in March
Retail sales in the UK fell 0.9% in March according to latest figures from the Office for National Statistics (ONS).…
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Department Stores
Dunelm Q3 sales up 6% after moving winter sale
Dunelm has announced that its sales have risen 6% to £423m, up from £399m, for the 13 weeks to 1…
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Supermarkets
Sainsbury’s joins bidders for Planet Organic
Sainsbury’s has reportedly launched a bid for Planet Organic’s name and intellectual property assets, according to reports from Sky News. …
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Supermarkets
Food and drink inflation in supermarkets surges 17.2% in March
Overall food and drink inflation in supermarkets rose 17.2% in March, up from 16.5% last month, according to data from…
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Clothing & Shoes
Pretty Little Thing CEO steps down
CEO of Pretty Little Thing Umar Kamani has announced he is stepping down from his role after 12 years in…
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Clothing & Shoes
Superdry lowers guidance as sales fall ‘below expectations’
Superdry has lowered its FY23 guidance to £615m-£635m after sales in February and March were “below expectations”. The company stated…
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Health & Beauty
Holland and Barrett eyes move for Planet Organic
Health foods chain Holland and Barrett is reportedly weighing up a last minute rescue deal for Planet Organic, according to…
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Electrical
Marks Electrical revenues up 21.5%
Marks Electrical has seen its FY revenues jump 21.5% to £97.8m, up from £80.5m, for the 12 months ended 31…
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