Wickes Reports Decline in H1 Profits Amid Softening DIY Market
Wickes reports a 6.2% drop in profits before tax to £33.5 million for the first half of 2022, compared...
Monthly Archives: September 2022
Mothercare Reports Profit Increase and Improved Financial Position
Mothercare reports a significant turnaround in profits, with £12.1 million earned in the past year compared to a loss...
Inditex Achieves Record Sales and Profits in H1 FY22
Zara's parent company, Inditex, reports record-breaking sales, income, and EBITDA in H1 FY22, with a 24.5% increase to €14.8bn...
UK Inflation Dips Slightly Amid Rising Food Prices
UK inflation eased slightly in August, reaching 9.9%, down from 10.1% in July but still near a 40-year high....
Next Abandons Joules Takeover Deal, Discussions on Using Online Platform Continue
In a surprising turn of events, fashion retailer Next has reportedly pulled out of its takeover deal with Joules....
Sainsbury’s Unveils £25m Support Package for Employees Amid Cost-of-Living Crisis
Sainsbury's announces £25m cost-of-living support package for hourly paid employees: Sainsbury's has revealed a £25 million cost-of-living support package...
Dunelm Reports 34.9% Profit Surge in FY22, Credits Success to Colleagues and Suppliers
Dunelm, a homewares retailer, has reported a 34.9% increase in profit before tax to £212.8 million for the 53...
JD Sports Makes Key Appointments and Committee Changes
JD Sports Fashion makes major changes to its committees with Andrew Higginson appointed as Nominations Committee chair, Suzi Williams...
UK Unemployment Hits Lowest Level Since 1974 Amid Inflation Struggles
Unemployment has reached its lowest level since 1974 at 3.6% for the three months to July, according to the...
Major Retailers to Close Stores in Honor of Queen’s Funeral
In a show of respect for Queen Elizabeth II's funeral on September 19th, major retailers like John Lewis, Tesco,...