Kitchenware Retailer Lakeland Explores Sale Amidst Rising Costs
Lakeland, a popular kitchenware retailer, has reportedly hired advisers to explore a sale due to growing cost pressures and...
cost pressures
M&S CEO Vows to Avoid Job Cuts Amidst Rising Costs with Strategic Investments
Marks & Spencer's CEO Stuart Machin has pledged not to resort to mass job cuts despite facing rising costs,...
Shoe Zone Warns of Lower Profits Due to Cost Pressures and Weak Sales
Shoe Zone, a shoe retailer, now expects adjusted profits before tax to be no less than £10 million by...
Poundland Owner: Price Cuts Not Yet on the Table
Lead: The owner of Poundland, Andy Bond, asserts that despite easing cost pressures, it's premature to consider lowering prices,...
Shop Price Inflation Falls to Lowest Level in Two Years
**Lead:** Shop Price annual inflation dropped to 1.3% in March, the lowest since December 2021, driven by a significant...
Barbour’s Profits Drop Despite Sales Increase Amidst Cost Pressures
In the face of rising production costs, luxury fashion retailer Barbour's operating profits dropped by 15% to £34.3 million...
Morrisons Invests £2m to Support British Farmers Amid Cost and Weather Challenges
Morrisons, Britain's largest direct supermarket customer of farmers, has launched a groundbreaking year-long trial to support struggling farmers by...
Heatwave Dampens UK Footfall in June
In the five weeks from May 28th to July 1st, footfall fell by 1.9% due to hot weather causing...
UK Retail Sales Surge in March Amidst Cost Pressures and Weather Influences
UK retail sales surge 5.1% in March, beating average growth rates; non-food sales up despite online decline
Wilko Seeks £30m Lifeline Amid Cost Pressures
Wilko, a UK chain retailer with 402 stores and 16,000 employees, is seeking a £30 million cash boost amid...