Supermarkets Slash Jobs Amid Economic Challenges: Morrisons, Sainsbury’s Announce Significant Cuts
Morrisons is set to cut over 200 jobs from its retail team as part of a cost-saving initiative amidst...
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acquisition administration Aldi Amazon Asda Asos Boohoo British Retail Consortium CEO cost-of-living crisis COVID-19 e-commerce EBITDA expansion footfall Frasers Group growth inflation investment JD Sports John Lewis Lidl London M&S Mike Ashley Morrisons Next online sales pandemic partnership profits retail retailer retailers retail sales revenue revenue growth revenues Sainsbury's sales sales growth store closures sustainability Tesco UK
Morrisons is set to cut over 200 jobs from its retail team as part of a cost-saving initiative amidst...
As we enter 2025, the luxury retail sector faces significant challenges, with growth projected to slow to just 2...
In a challenging economic climate, Ace Hardware reports growth in new stores and digital business, reaching $2.4 billion in...
Dollar General and other retailers like Amazon, Walmart, and Target are launching early holiday sales due to the shorter...
J.C. Penney's Q2 revenues plummeted 9.2% year over year to $1.5 billion, with net sales falling 8.9% to $1.5...
Søstrene Grene, a Danish retailer with over 25 UK stores and plans for 100 by 2030, reports a 15%...
In a recent announcement, Asda admitted that its refillable packaging trial faced "operational issues and commercial challenges," leading to...
Marks Electrical reports record revenue growth of £114.3m, up 16.9% from last year's £97.8m, despite economic challenges. The company...
Travis Perkins' CEO Nick Roberts is set to step down after five years in the role, with the board...
In January, UK retail footfall declined by 20.1% compared to December, but showed an improvement over historical averages. Shopping...