The Very Group has seen its pre-tax profit increase by 2.2% to £63.9 million in the year to 2 July 2022. Group revenue was down 7.3% to £2.1 billion in comparison to the previous 12-month period which was the group’s best ever year. However, revenue was up 4.8% compared to pre-pandemic...
Tesco is recruiting 15,000 temporary Colleagues across the UK to help customers during the Christmas period, half of the number recruited in 2021. The jobs will mainly involve working in Tesco’s Superstores and Extra stores for either early morning, day or evening shifts, so that prospective applicants can find an opportunity...
Toys “R” Us ANZ has signed a sub-licence agreement with book and stationery retailer WH Smith to trial nine shop-in shops in WH Smith stores. Set to launch in the first half of 2023, the trial will last for 12 months, or longer if mutually agreed. Products sold will include toys, games...
Frasers Group has become the fourth largest shareholder in the ASOS online fashion retailer. The Sports Direct and House of Fraser owner now holds 5% of the business after building up shares. Frasers Group has recently acquired Studio Retail and online womenswear retailer Missguided. This morning, it also announced that it has...
Boots is seeking to recruit people for over 10,000 seasonal roles in its stores, warehouses and operations in the run-up to Christmas. The health and beauty retailer said positions will be available across a wide variety of areas. These will include over 6,500 Christmas customer assistant roles and up to 3,000 positions...
Tesco this morning announced a £1m support package for food banks and food charities after the Trussell Trust warned they are facing their most difficult winter ever. With food banks and other frontline charities hit by a double whammy of unprecedented demand and soaring operating costs, Tesco has stepped in with...
Burberry has partnered with Minecraft, one of the bestselling video games with up to 140 million monthly active players across 20 platforms. Burberry entered the gaming space in 2021 with Mythical Games and continued the collaboration for a second time this summer. The in-game adventure by Burberry and Minecraft is called “Burberry: Freedom...
DIY retailer Wickes has backed its full year profit guidance after posting third quarter sales growth of 2.6%. In the 13 weeks to 1 October, like-for-like sales in its core DIY categories were flat year-on-year but 27.3% ahead on a three-year basis. The retailer said sales have strengthened since the beginning...
ProCook has seen its second quarter revenue fall by 9.1% year-on-year after a challenging summer, although it is looking ahead to a pre-Christmas sales boost. The kitchenware retailer said the year-on-year decrease was driven by the combined effects of heightened pressures on consumer spending, the prolonged hot summer weather and the...
Burberry has brought forward implementation of the new UK real Living Wage pay rates by more than six months as it looks to support staff through the cost-of-living crisis this winter. A UK real Living Wage employer since 2016, the luxury brand said it has introduced the increased rates from 1...
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