Morrisons and Jempsons Join Forces to Open Six New Stores
Morrisons partners with independent retailer Jempsons to launch six new stores under their 'Together with Morrisons' brand, starting with...
Monthly Archives: March 2023
Brunello Cucinelli Reports 29.1% Revenue Growth and EBITDA Increase in 2022
Luxury fashion brand Brunello Cucinelli reports a 29.1% revenue increase in 2022, reaching €919.7m, with strong growth in retail...
Aldi Boosts Store Staff Pay by 13% Nationally
Starting pay at Aldi is set to increase nationally to £11.40 an hour, with rates reaching £12.85 within the...
Mango Invests in Party Clothing Rental Startup La Más Mona
Mango's StartUp Studio is investing in party dress and accessory rental platform La Más Mona through a convertible participation...
Sosandar Appoints Interim Non-Executive Chairman Following Founder’s Passing
In a sudden turn of events, Sosandar has appointed Nick Mustoe as its interim non-executive chairman following the passing...
Retailers Mixed Reaction: Budget Support for Households, Criticism on Business Rates Reform Missed Opportunity
In the Spring Budget, the chancellor announced an increase in corporation tax and measures to support households amidst the...
DFS Profits Dip Amid Rising Costs and Weak Market Environment
DFS, a furniture specialist, has reported a decline in profits for the first half of the year due to...
UK Strike Causes 11.1% Drop in Retail Footfall: Springboard Report
UK-wide strike action leads to an 11% drop in footfall, report reveals; retail parks hit hardest with a 21.3%...
New CEO for John Lewis Partnership: Nish Kankiwala Takes the Helm
In a major announcement, the John Lewis Partnership has named Nish Kankiwala as its new CEO, effective March 27th....
Superdrug Boosts Pharmacist Pay and Introduces New Roles to Enhance Patient Experience
Superdrug announces a pay increase for newly-qualified pharmacists, raising their wages to £50k as they actively recruit 200 roles...