Online fashion retailer ASOS has posted a revenue increase of 5% to £1.4 billion at constant currency in the lead-up to Christmas after UK sales grew ahead of expectations. In the four months to 31 December, UK sales climbed by 13% to £645.2 million while sales in the EU and US...
Tesco increased like-for-like sales by 2.7% year-on-year at its core UK and Ireland supermarket business in the peak Christmas trading period despite the impact of supply chain issues. Sales in central Europe were also strong, rising by 8.1%. In a trading update, the retailer said it achieved its highest market share in...
Games Workshop has reported a rise in sales and engagement after a strong interest in its Warhammer game. However, profits dropped in the six months to November 28, 2021 as costs increased. The gaming retailer is planning a £6m upgrade to its web store after a half-year in which online sales fell...
Topps Tiles increased its retail like-for-like sales by 1% year-on-year in the 13 weeks to 1 January and by 21% on the same period two years ago. The retailer said it benefited from good levels of trading extending further into December as customers sought to finish they home transformation projects by...
Dunelm has seen its second quarter total sales climb by 13% year-on-year to £407 million and by 26% on pre-pandemic levels two years ago. In the three months to 25 December, growth was broad based across nearly all product categories, although furniture and seasonal ranges performed particularly well. During the period, Dunelm...
Lidl saw its sales edge up 2.6% year-on-year in the run-up to Christmas and by 21% on the same period two years ago. The discounter said it benefited from record footfall levels in the week leading up to the big day, with footfall up 14% year-on-year on its busiest day, which...
Wilko has proposed the closure of up to 15 stores this year, threatening more than 330 jobs with a union branding it another “nail in the high street’s coffin”. The Nottinghamshire-headquartered company said it follows a review of the 414-strong portfolio, and does not impact on new store or store relocation...
Steve Madden has appointed Arian Simone and Peter Davis to its board of directors. Simone is currently chief executive of Fearless Fund, a venture capital fund that invests in women of colour-led businesses, which she co-founded in 2018. Prior to that, she was the owner of AR PR Marketing, a publicity...
Retail footfall dropped by 6% last week compared to the prior seven day period as working from home guidance continued to have an impact. According to retail specialist Springboard, footfall was down 25.6% in Central London, although local high streets experienced a more modest decline of 10.9% from the week before....
kea has slashed sick pay entitlement for some unvaccinated staff forced to self-isolate after close contact with someone infected with Covid. This means unvaccinated workers, who are required by the Government to isolate for 10 days after close contact, could receive as little as £96.35 a week under Statutory Sick Pay...
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