All News articles – Page 3
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Toolstation appoints former Homebase director as retail lead
Toolstation has appointed a former Homebase director as its new retail lead
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Temu owner sees profits drop off the back of US tariff troubles
Temu owner PDD Holdings has reported a steep drop in profits off the back of higher tariffs imposed by US President Donald Trump.
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Pets at Home profits climb after ‘outstanding year’ for vets business
Specialist retailer Pets at Home has recorded a big rise in full-year profits after a period of “profound transformation”.
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Kingfisher posts sales rise as strong seasonal performance powers B&Q
DIY giant Kingfisher has reported an increase in quarterly sales after good demand for seasonal lines at B&Q.
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John Lewis wins approval for Ealing store and housing redevelopment
A government planning inspector confirmed the plans have been given the green light following an appeal by the retailer submitted last summer.
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Adidas customer data stolen as it becomes latest retailer to be hit by cyber attack
German sportswear giant Adidas has become the latest retailer to be hit by a cyber attack.
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White Stuff promotes from within as it names new managing director
Fashion retailer White Stuff has promoted from within to name a new managing director with immediate effect.
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Aldi launches virtual work experience programme
Aldi has launched a virtual work experience programme designed to support young people explore a career in retail.
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Marks & Spencer appoints new retail director
Marks & Spencer has hired a new retail director, Retail Week can reveal.
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Trump pushes EU trade talks deadline as 50% tariff threat looms
The President of the United States Donald Trump has pushed back the deadline for EU-US tariff negotiations to July 9, having previously threatened to slap 50% mark ups on all European goods on June 1.
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EU accuses Shein of being in ‘breach of law’ over fake discounting
Fake discounts, pressure selling and other practices on Shein are in breach of the law, the European Union has said.
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Marks & Spencer secures former Homebase sites for new food stores
Marks & Spencer has secured 12 former Homebase sites to open new food stores across England.
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OnBuy founder becomes Comet CEO following acquisition
The founder and chief executive of OnBuy has been named chief executive of Comet following the online marketplace’s acquisition of the brand last week.
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Monsoon Accessorize parent company swings to red as demand slumps
Monsoon Accesorize’s parent company, Adena Brands, swung into the red last year as weaker consumer demand took a toll on the fashion retailer.
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Food inflation climbs as retailers struggle with increased costs
Food prices jumped for the fourth month in a row, as retailers are now faced with absorbing an additional £5bn in costs from last year’s controversial Budget.
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Currys enters consultation period with 80 roles set to go across head office
Currys is expected to make around 80 staff redundant across central roles, Retail Week can confirm.
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Co-op to roll out smart electronic shelf labels
Co-op is deploying smart electronic shelf labels across its nearly 2,400 UK stores in place of paper labels.
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Retail sales advance in April as warm weather boosts food and DIY
Retail sales climbed last month, according to official data.
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Consumer confidence improves but economic concerns have ‘not disappeared’
Consumer confidence nudged up in May across all key indicators despite economic concerns, including inflation and Trump’s tariffs, having “not disappeared”.
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EE opens ‘exciting’ experiential store in East Midlands
EE has opened the doors to its newest experience store, making its East Midlands debut.