Next upgrades profit guidance as sales improve thanks to warmer weather
Full price sales in the first seven weeks of the second quarter were up 9.3% versus last year. // Next sales rise 9.3% thanks to […]
Homebase owner Hilco bags £132m after Covid support payout
// Homebase repaid its £132m loan to owner Hilco shortly after receiving millions from the government in Covid support // The home improvement retailer collected £40m […]
HMV kicks off Vinyl Week with limited edition records
HMV is celebrating its first day of Vinyl Week 2023 // Vinyl Week is returning to HMV tomorrow, with 40 new records dropping in stores […]
Wickes faces boycott after exec says trans-critical shoppers ‘are not welcome in our stores’
Wickes is facing a boycott from thousands of customers // Wickes is facing a boycott from thousands of customers after its COO said trans-critical shoppers […]
Halfords shares falter after auditor BDO extends deadline
Halfords has delayed the publication of its annual report // Halfords auditor BDO extends publication of the retailer’s annual reports // The motor and cycling […]
Amazon staff vote for another six months of strikes
Coventry Amazon workers have voted for another six months of pay strikes // Coventry Amazon workers have voted for another six months of pay strikes […]
What does Frasers want with AO?
Frasers Group acquisition of a near-20% stake in electrical retailer AO.com this week wasn’t a move that many were expecting. After all, the Mike Ashley-owned […]
First look: Skims opens in Selfridges as it eyes standalone UK stores
// Skims opens its first-ever UK pop up in Selfridges’ Corner Shop // The brand also revealed “plans to expand into free standing stores across […]
Timpson family enjoys £12.8 million dividend as lockdown impact fades
// The Timpson family gave themselves a £12.8m dividend last year // The high-street retailer’s sales have bounced back post-pandemic The Timpson family paid themselves a […]
Wilko hires advisers as it explores CVA to cut rents
Wilko has hired CBRE as it looks to CVA // Wilko has hired CBRE to help negotiate lower rents // PWC is understood to be […]