Ted Baker has seen its fourth quarter sales increase by 35% year-on-year as customers responded well to its new collections. In the 12-week period to 29 January, sales were up 18% on the prior quarter. The fashion retailer said it successfully navigated global supply chain disruptions in the period, which had a...
Matalan founder John Hargreaves has lost a long-running court battle with HMRC over an attempt to dodge a tax bill of up to £135m. John Hargreaves has been ordered to pay after The Upper Tier Tribunal – the highest court that oversees tax cases – ruled he owed capital gains tax...
The Asda supermarket chain is facing the threat of strike action by distribution staff after they turned down a new pay deal. In a statement, the GMB union said almost 70% of 8,000 GMB members polled voted against the below inflation pay offer and nearly 80% of the LGV drivers and...
From April, Iceland will expand its grocery delivery partnership with Uber Eats following a successful trial. With over 140 Iceland stores already available to Uber Eats users, the two companies have signed a new exclusive deal which will add a further 200 Iceland shops across the country. Iceland customers can currently choose...
New figures have revealed that last week’s storms had a big impact on retail footfall which declined by 3.8% from the week before. The data from retail specialist Springboard shows that there were drops in all three destination types, with high street footfall down 7.2% and shopping centre and retail park...
DFS launches DFS Vegan, a new range of upholstery that is both 100% animal free and approved by PETA, the charity dedicated to establishing and protecting the rights of all animals. The exclusive new VEGAN collection offers customers five new PETA approved sofas, two accent chairs and a footstool, in a...
The Co-op has moved all of its branded and own-label South African wine to Fairtrade. The move means the retailer now stocks 57 Fairtrade wines, 45 being of which are from South Africa. Due to the South African wine industry being hard hit by the impact of Covid-19, the Co-op has also...
The John Lewis Partnership is replacing its home services fleet with electric vehicles as it looks to reach a target of transitioning 4,000 cars, vans and light trucks to EV by 2030. A trial of the initiative will start next month with the establishment of a mixed charging solution incorporating depot,...
Wayfair has appointed two new leaders within its technology team. Ashwin Rao has joined the company as chief science officer while Niraj Nagrani has taken up the position of vice president of global supplier marketplace, pricing, catalogue and merchandising technologies. The duo will report to Wayfair’s incoming chief technology officer, Fiona Tan. In...
A new study has shown that nearly 135,000 traditional retail jobs were lost during the Covid-19 pandemic. The analysis of ONS figures by the GMB union reveal that there were an estimated 1.2 million sales and retail assistants, retail cashiers and check-out operators in 2019, but that this number dropped to...
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