More on Me + Em – Page 65
-
NewsLidl targets big cities for next wave of store openings
Value grocer Lidl is seeking more locations in leading cities as it pursues an ambition to open “hundreds of new stores”.
-
NewsMorrisons completes sale of forecourts to MFG
Grocer Morrisons has concluded the sale of its forecourts business to specialist operator MFG.
-
NewsFifth of Ocado shareholders revolt over chief executive’s reward package
Almost a fifth of Ocado shareholders rebelled against Ocado chief executive Tim Steiner’s remuneration deal but it will still go ahead.
-
NewsCard Factory sales and profits climb as stores perform strongly
Greetings cards specialist Cards Factory has posted strong annual revenue and earnings growth as stores traded well.
-
NewsShop price inflation falls further and shows ‘signs of normalising’
Shop price inflation fell in April to reach its lowest level since December 2021 as food and non-food inflation reached manageable levels, providing relief to many households.
-
NewsGlobal skincare brand L’Occitane set to go private in £1.4bn deal
L’Occitane International chair Reinold Geiger is set to take the Hong Kong-listed skincare firm private in a HK$13.91bn (£1.4bn) deal, the company announced on Monday.
-
NewsMonsoon Accessorize profits fall as demand slows
Womenswear retailer Monsoon Accessorize has posted a dip in profits for FY2023 as lower demand caused by the ongoing cost-of-living crisis took its toll.
-
NewsN Brown chair Ron McMillan departs
Fashion retailer N Brown, which owns brands including Simply Be, Jacamo and JD Williams, has announced the departure of chair Ron McMillan.
-
NewsGymshark appoints former Adidas boss to head retail and wholesale
Gymshark has appointed Hannah Mercer to the newly created role of general manager for wholesale and retail to drive the growth of the business across all physical channels.
-
NewsGetir pulls plug on Europe and US markets affecting 1,500 UK jobs
Rapid grocery delivery firm Getir has announced that it will be exiting the UK, Europe and the US, with around 1,500 job losses expected in the UK.
-
NewsFlying Tiger Copenhagen reports ‘record sales’ as it expands into seven new markets
Danish retailer Flying Tiger Copenhagen has posted growth in revenue and sales, as well as seeing its “best quarter ever” in terms of sales for Q4 2023.
-
NewsBP promotes from within for new retail leadership roles
BP has made two internal appointments as it bolsters its UK retail leadership team.
-
NewsVinted posts first profit after ‘strong’ year of growth
Online marketplace Vinted has posted a “strong” year of growth after it reached profitability for the first time and reported a surge in revenue.
-
NewsShein’s London IPO to boost FTSE 100
Singapore-headquartered fashion giant Shein is set to boost the FTSE 100 as early as next month with a much-anticipated London IPO, This Is Money has reported.
-
Opinion‘Retail pay is rising at record levels – something’s got to give’
The investment case for technology increasingly stands up because people are becoming more expensive, observes Fran Minogue
-
NewsGMB launches legal action against ‘anti-union’ Amazon
GMB Union has launched legal action against Amazon, claiming the ecommerce giant is carrying out an “anti-union campaign” in the UK.
-
InterviewNathan Williams – the man delivering the rebirth of Mamas & Papas
Mamas & Papas was brought back from the brink in 2019 – five years on, CEO Nathan Williams wants to make it the go-to retailer for parents at home and abroad
-
Innovation of the WeekSchuh embraces circularity with reworked capsule collection
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our team.
-
NewsSuperdry landlord M&G drafts in lawyers to review survival plan
The owner of Superdry’s Oxford Street flagship is reportedly mulling a challenge to the fashion retailer’s survival plan, which is set to involve steep rent cuts across some of its stores.
-
NewsTed Baker’s European business in limbo with 149 jobs at risk
Ted Baker’s European arm is at risk of collapsing into administration, putting 149 roles at risk of redundancy at the fashion retailer.