River Island Seeks AlixPartners’ Help Amid Upcoming Tax Hikes and Wage Increases
River Island hires AlixPartners to tackle cost reduction and profit improvement amidst upcoming tax rises in April, reports Sky...
cost reduction
Currys CEO Vows to Maintain Growth Amidst Upcoming Tax Bill Increase
Currys CEO Alex Baldock assures that the retailer's growth won't be disrupted despite facing a £32m tax bill increase...
Amazon’s AI Upgrade for Just Walk Out Technology: Expanding into New Venues and Verticals
Amazon's latest upgrade to its Just Walk Out technology aims to streamline checkout processes in various settings like hospitals,...
John Lewis Cuts 3,800 Jobs to Reduce Costs
Lead: The John Lewis Partnership slashes 3,800 jobs to cut costs, with a focus on attrition and no replacements...
Qurate Retail Group Reports Net Loss and Revenue Decline in Q1
Lead: Qurate CEO David Rawlinson announces a successful turnaround with Q1 results, focusing on growth initiatives like the Age...
The Benefits of Label-Free and Package-Free Returns
**Lead:** Retailers are urged to embrace label-free and package-free returns to enhance customer satisfaction, cut costs, and support sustainability....
AO Upgrades Full-Year Guidance on Improved Margins and Cost Reduction Efforts
Online electrical retailer AO now predicts its adjusted EBITDA will be between £37.5m and £45m for the fiscal year...
Halfords Lowers Profit Guidance Amidst Skilled Technician Shortage
Halfords has lowered its full-year profit guidance due to a lack of skilled technicians and weak tyre market impacting...
Sainsbury’s Sales Decline Amidst Intensifying Household Budget Pressure
Sainsbury's reports a 4% drop in first-quarter like-for-like sales, citing increased pressure on household budgets. Despite this, grocery performance...
Coty Appoints Stéphane Delbos as Chief Procurement Officer
In a recent announcement, Coty has appointed Stéphane Delbos as its new Chief Procurement Officer, effective February 1st. Delbos,...