Central England Co-operative Sees Profit Growth Amidst Tough Market Conditions
Central England Co-operative reports increased gross sales and operating profit despite facing a challenging trading environment. The member-owned business...
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Shop Direct Closes Three Warehouses, Affecting 1,992 Jobs
In a recent announcement, digital retailer Shop Direct revealed plans to close three major warehouses in Manchester, affecting 1,177...
Asos Reports Impressive Sales Growth and Expansion
Fashion retailer ASOS reports a 27% increase in retail sales growth over six months to February 29th, with strong...
Waitrose Leads Retail Industry in Disposable Coffee Cup Ban
Waitrose plans to eliminate all disposable coffee cups from its stores by autumn, aiming to reduce packaging waste. The...
UK High Street Stores Face Challenges Amid Lowest Openings in Seven Years
New research reveals that high street store openings have reached their lowest level since 2010, with a 10% drop...
Hammerson Rejects Klépierre’s Revised £5.04bn Offer as Undervalued
In a recent development, Hammerson's board has unanimously rejected French retailer Klépierre's revised £5.03 billion offer, stating that it...
Tesco Reports Strong Progress with £1.3bn Profits and 2.3% Sales Increase
Tesco, the UK's largest supermarket chain, has reported a significant increase in annual profits, reaching £1.3 billion in 2017...
Card Factory Reports £14.6m Drop in Profits Amidst Rising Costs and Weak Pound
In a challenging retail environment, Card Factory's profits dropped by £14.6 million due to rising wage costs and the...
UK Retail Sales Show Mixed Results in March
UK retail sales saw a 1.4% increase in March compared to last year, according to KPMG, with Easter not...
Iceland Bans Palm Oil in Own-Brand Products by End of 2018
Iceland, a popular frozen food supermarket chain, has announced its decision to eliminate palm oil from all of its...