Kath Smith Appointed as Senior Independent Director at JD Sports Fashion Plc
JD Sports Fashion Plc appoints Kath Smith as senior independent director and chair of the nominations committee, bringing extensive...
Monthly Archives: February 2022
McColl’s Retail Group Seeks Funding to Avoid Collapse, Reports Revenue Drop and Improved Store Availability
McColl's Retail Group plc is reportedly seeking new funding to avoid collapse as it sells millions in bank debt...
- By LNMVadmin
- February 28, 2022
Lidl Becomes First UK Retailer to Adopt Fairtrade Uniforms for All Store Staff
Lidl GB becomes the first UK retailer to convert all its staff uniforms to Fairtrade, benefiting Indian cotton farmers...
- By LNMVadmin
- February 28, 2022
Primark Sales Surge Amid Pandemic Recovery
In a recent announcement, Associated British Foods (ABF) revealed that sales and adjusted operating profit for the 24 weeks...
- By LNMVadmin
- February 28, 2022
Asda Awards Staff with £27.8m Bonus Amid Pandemic Challenges
Asda announces £27.8m bonus for 103,000 UK hourly-paid staff who worked through pandemic challenges; average full-time worker gets £413,...
- By LNMVadmin
- February 28, 2022
John Lewis Ditches Never Knowingly Undersold Pledge, Invests £500m in Prices
Lead: Beloved department store John Lewis has dropped its "Never Knowingly Undersold" pledge after nearly a century, replacing it...
- By LNMVadmin
- February 25, 2022
Farfetch Achieves $2.3bn Revenue and First Full-Year Profitability in FY21
Farfetch Limited, a global luxury fashion platform, reports a 35% increase in revenue to $2.3 billion (£1.71bn) for the...
- By LNMVadmin
- February 25, 2022
Tesco Trials Apeel to Combat Food Waste and Extend Fruit Freshness
In an effort to combat food waste, Tesco is trialing a plant-based protection called Apeel that can keep fruits...
- By LNMVadmin
- February 25, 2022
Frasers Group Acquires Studio Retail, Saves Jobs
In a recent development, Frasers Group has acquired digital retailer Studio Retail Limited after the latter fell into administration....
- By LNMVadmin
- February 25, 2022
Lush Supports Covid-Positive Staff and Promotes Hygiene Measures in Stores
Lush announces continued financial support for UK and Ireland retail employees who test positive for Covid-19, urging them to...
- By LNMVadmin
- February 24, 2022