Primark posts soaring sales as owner lifts profit guidance
// Primark owner ABF upgrades profit forecast thanks to solid sales from the value fashion giant // Total group sales came in 16% higher year-on-year at […]
Supermarket bosses set to be grilled by MPs over profiteering claims
Supermarket bosses, including Morrisons CEO David Potts, will be questioned by MPs on Tuesday over profiteering concerns amid rising food and prices. The business committee […]
Boohoo shareholders revolt over executive bonuses
// Boohoo Group’s shareholders have staged a revolt over the company’s proposed executive bonuses. // A total of 32.5% of shareholders voted against the fashion […]
Lidl allowed injunction to prevent Tesco copying logo
// Lidl has been permitted to have an injunction to stop Tesco copying its yellow and blue logo // The news comes after Tesco lost […]
How Boots, Next, M&S, and Clarks are targeting the future consumer
With the end to the cost-of-living crisis nowhere in sight, the consumer is becoming ever-more cost-conscious, sustainably-aware and tech-savvy. Retail giant’s like Boots, Clarks, M&S […]
Sainsbury’s extends Nectar Prices to fresh fruit and vegetables
Sainsbury’s has expanded Nectar Prices to include fresh produce and ready meal ranges, offering customers even greater value on over 2800 products. Picture: Danny Loo/CPG […]
What does the retail giant own?
Frasers Group snapped up a 9% stake in Currys and 5% in Boohoo this week as the Mike Ashley-controlled business solidifies its reputation as retail’s […]
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 […]