Aldi is to give all 28,000 of its retail store workers a pay rise from 1 February. The supermarket will pay all store assistants at least £10.10 an hour nationally and £11.55 for those inside the M25. It will also continue to offer paid breaks, which for the average store colleague...
New figures have revealed that retail footfall dropped by 1.1% last week from the previous seven day period despite the fact that Plan B Covid-19 restrictions had not fully come into force. The data from retail specialist Springboard shows that the number of visits to from Central London was down 3%...
Pepco Group has posted a 17.2% increase in full year revenue to €4.122 billion as it continues its roll out of new stores. In the year to 30 September, like-for-like sales increased by 6.5% after growing by 9.8% and 3.1 % at Pepco and Poundland Group respectively. The group’s gross profit margin...
B&M is to hand shareholders a huge pay out worth approximately £250m. The Merseyside-headquartered company has announced that its board has declared a special dividend of 25p per share. In a statement to the London Stock Exchange, the business cited its “continued strong performance versus pre-pandemic levels, with ongoing evaluation of its...
The government has said that up to 11,000 people could be trained to become HGV drivers as the first free intensive short courses get under way. Free ‘Skills Bootcamps’ in HGV driving have opened up across the country to help speed-up the training process in an attempt to address the UK’s...
Eve Sleep has announced that its UK online business achieved sales order growth of 4% year-on-year during Black Friday month and an uplift of 64% when compared to the same period in 2019. In a trading update, the bed and mattress retailer said its bedroom furniture category achieved particularly strong sales...
Tesco has asked Usdaw back to negotiations after union members in nine distribution centres voted to strike in a pay dispute. Usdaw said it has welcomed Tesco’s offer of further talks in an effort to avoid industrial action, which is scheduled to start on 20 December and end on Christmas Eve. The...
Online bathroom retailer Victorian Plumbing has grown its full year revenue by 29% to £268.8 million after the company saw a strong increase in its number of active customers and orders. Adjusted EBITDA also rose, climbing by 53% to £40.1 million with an adjusted EBITDA margin of 15%. However, the company’s pre-tax...
Footwear brand Dr Martens has delivered a strong uplift in sales and profit in its half year results. In the six months to 30 September, revenue increased by 16% to £369.9 million while per-tax profit surged by 46% to £61.3 million. Retail revenue recovered strongly after Covid-19 lockdowns to post a rise...
Icon Outlet at The O2, London’s leading outlet shopping destination, is celebrating the achievement of three milestones, with its latest store launches, strong performance and the appointment of new leasing director, Louisa Dalgleish. Leading the news is the opening of Clarins, the French cosmetics and beauty brand. The 1,500 sq ft...
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