All News articles – Page 4
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Harvey Nichols to slash jobs as it axes its grocery offering
As part of a strategic reset, luxury department store Harvey Nichols is axing its grocery and hampers offer, putting 70 roles at risk.
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Tesco UK CEO steps down to ‘pursue other opportunities’
Tesco has today announced that UK chief executive Matthew Barnes has stepped down from his role to “pursue other opportunities”.
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Pepco says Poundland exit ‘expected’ by September
European discount group Pepco is expecting to offload the Poundland business by September.
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‘Tough retail climate’ sees Very revenue decline
Very UK saw revenue fall 2.5% in the 39 weeks to March 29, 2025, despite a strong increase in sales for its home category.
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M&S site back online after maintenance shutdown
Marks & Spencer’s website is back online after the BBC reported a service outage on Wednesday evening.
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Flurry of UK trade deals improves consumer confidence
The UK’s recent flurry of trade deals and agreements with India, the US and the EU has upped customer confidence.
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Korean beauty retailer Pure Seoul to open new flagship
Korean beauty retailer Pure Seoul is opening its London flagship store, its ninth opening in the UK.
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Primark completes click-and-collect rollout
Value fashion giant Primark has completed the rollout of its click-and-collect service across its entire store estate in Great Britain.
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Online marketplace OnBuy acquires British electronics retailer
Online marketplace OnBuy has acquired a British electronics brand in a bid to “disrupt the UK consumer electronics market”.
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Revolution Beauty enters formal sales process following takeover approach
Revolution Beauty has started a formal sales process after it received a preliminary takeover approach from an unnamed company.
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JD Sports profits slide due to slower than anticipated market
JD Sports has reported a drop in profits due to heavy promotions and slower than anticipated market growth.
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Marks & Spencer in ‘best financial health for 30 years’ but cyber attack cost bites deep
While M&S reported its highest profits in over 15 years, it has also revealed the true cost of the cyber attack which continues to wreak havoc on the retailer.
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Currys upgrades profit guidance as board reinstates dividend
Electricals giant Currys has upgraded its full year profit expectations and its board has said its performance is good enough to warrant resuming the payment of cash dividends.
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Gymshark launches loyalty scheme that rewards customers for working out
Gymshark has announced the launch of its first-ever loyalty programme.
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New Look axes head office jobs as part of restructure
Fashion retailer New Look is laying off a number of employees at its head offices in London and Weymouth as part of a business restructure, Retail Week can reveal.
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Cyber attacks hit consumer trust in online payments
The majority of UK shoppers have said reports of cyber breaches involving British retailers such as M&S and Co-op are affecting their trust in online payments.
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Nike slashes jobs in technology division
Sportswear giant Nike is laying off a number of employees, according to new reports.
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Chancellor says UK is the ‘best place for investment and business’ due to new trade deals
Chancellor Rachel Reeves has said the UK is now the “best place for investment and business” because of the deals struck with the US, the EU and India.
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Greggs sales rise as ‘better trading conditions’ bolster growth
Food-to-go retailer Greggs has reported a rise in sales as “better trading conditions” in the last 11 weeks have supported growth.
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Topps Tiles sales increase as it records progress in all five areas of growth
Topps Tiles has recorded a rise in sales and profit as well as seeing good progress in its five key growth areas.