UK Retailers Face Challenges and Changes Amid Mixed Results
Sainsbury's General Merchandise Commercial Director Paula Nickolds is leaving for The White Company CEO role. Sainsbury's restructures its Operating...
Currys
Currys Profits Exceed Expectations Despite Revenue Dip
Currys predicts full-year profits will exceed expectations despite a 3% drop in UK&I revenues during the ten weeks ended...
Currys CEO Slams Government’s Minimum Wage Hike Impact on Retail Sector
Currys CEO Alex Baldock criticizes the government for not caring about the retail industry, claiming that raising the minimum...
Farfetch Seeks Emergency Funding, Trade Bodies Call for Apprenticeship Levy Reform, and Retailers’ Updates
Farfetch, once valued at $23 billion, is reportedly in talks with Apollo Global Management for emergency funding as it...
EE Aims to Compete with Amazon and Currys in Electronics Retail
EE boss Marc Allera aims to compete with Amazon and Currys by becoming one of the UK's top three...
Major Retailers Call for Business Rates Freeze Amid Fears of Food Inflation and Job Losses
Supermarket giants like Sainsbury's, M&S, and Currys are urging the chancellor to freeze business rates for all retail businesses...
UK Footfall Declines, Walgreens Boots Alliance Appointment, TopShop Interest, Wickes Profit Expectations, Currys Sells Kotsovolos
In October, footfall in the UK dropped by 5.7% compared to September due to heavy rainfall and ongoing economic...
Currys Explores Selling Greek Business Kotsovolos
Currys is considering selling its Greek subsidiary Kotsovolos after launching a strategic review in June, attracting interest from multiple...
UK Retail News Roundup: Profits, Lawsuits, and Sales Trends
The Co-operative Group (Co-op) reports £43m profits for H1, up from a £1m loss last year due to cost-saving...
Currys Creates Over 1,100 Jobs Ahead of Peak Trading Period
Currys plans to create over 1,100 new jobs during this year's peak trading period, including 720 temporary roles in...