tre

Poundland sales jump in first-quarter results

Discount retailer Poundland has reported a 1.3% increase in like-for-like sales for the three-month period ended 23 December 2019. Poundland…

Read More »

Ikea reveals plans to shutter first UK store, 352 jobs at risk

Ikea UK has announced the proposed closure of its Coventry store in summer 2020, putting 352 jobs at risk. The…

Read More »

Hawkin’s Bazaar enters administration, 177 jobs at risk

Gift and toy retailer Hawkin’s Bazaar has entered administration, placing 177 jobs at risk. Tom Straw and Simon Thomas from…

Read More »

Sainsbury’s CEO Mike Coupe to retire after six years

Sainsbury’s has announced its CEO Mike Coupe is set to retire this year, after almost six years in the role.…

Read More »

Primark sales jump in first-quarter results

Associated British Food (ABF) has reported a 4% increase in group revenue for the 16 weeks ended 4 January 2020,…

Read More »

How catering to older consumers can help save the high street

2019 was the “worst year on record” for retail according to figures released by the BRC last week, with commentators…

Read More »

Game to shutter 40 UK stores

Video game retailer Game has confirmed it intends to shutter 40 stores throughout the UK. To date, 13 sites have…

Read More »

B&M reports ‘slower performance than anticipated’ in its third quarter

B&M has reported a “slower performance than anticipated”, despite a 9.3% increase in group revenues during its third quarter. Over…

Read More »

Topps Tiles sales slump in first-quarter results

Topps Tiles has reported a 5.4% decrease in like-for-like retail revenues for the first 13 week period ended 28 December…

Read More »

Greggs to give workers £7m bonus after ‘phenomenal’ year

Total sales at Greggs increased by 13.5% in its full year results, amid a “phenomenal” year of “strong sales”. Company-managed…

Read More »