First ever strike at Asda superstore postponed ‘as show of good faith’
Staff at Asda’s Gosport superstore have pushed back their strike plans following talks between GMB Union and Asda bosses “as show of good faith”. The […]
Burberry warns on profits as luxury slowdown hits Christmas sales
Burberry lowered is profit guidance for the year after sales dropped 7% over the golden quarter. The retailer lowered its adjusted operating profit guidance for […]
Morrisons faces backlash over ‘robocop’ security cameras
Morrisons ‘RoboCop’ style security cameras trial has sparked a backlash among some shoppers who claim the new devices have left them feeling “like a criminal”. […]
Marks Electrical lowers profit outlook despite ‘record’ Christmas sales
Marks Electrical has lowered its full-year profit guidance, despite a boost in sales after profit margins failed to lift amid the challenging trading environment. Sales […]
Wiggle’s unsecured creditors owed £26.7m
The unsecured creditors of online bike retailer Wiggle have been left £26.7m out of pocket following its collapse into administration last autumn. The retailer owes […]
Mamas & Papas ramps up UK expansion plans with new concessions
Mamas & Papas is set to launch up to ten further concessions in Marks and Spencer and Next stores this year, as it pushes forward […]
£90m Oxford Street revamp gets green light to kick off this autumn
Plans for a £90m renovation of Oxford Street this have been given the green light by two thirds of respondents to a consultation of local […]
Tapi Carpets CEO exits after four years
Tapi Carpets chief executive James Sturrock has stepped down from his role after four years. Sturrock, who was previously the boss of Eve Sleep, has […]
Asda private equity owners to face grilling by MPs
Asda private equity owner TDR Capital is set to give evidence to the Business and Trade select committee on 9 January. The move follows evidence […]
Topps Tiles ‘well-positioned’ despite slipping sales
Topps Tiles has seen its first quarter group sales slip 4% as cost-of-living pressures continued to dent consumer spending, but said it is “well-positioned to […]