Marks & Spencer Suffers $400M Loss from April Cyberattack
Marks & Spencer, a UK department store chain, has revealed that a cyberattack disclosed in April will cost the...
online sales
The Works Sees Profit Uplift after Successful Turnaround Strategy
In a recent announcement, The Works, a well-known retailer, has increased its future profit expectations, projecting an adjusted EBITDA...
M&S CEO Faces £1.1m Pay Cut Amid Cyber Attack Impact
Marks & Spencer CEO Stuart Machin faces a significant pay cut of up to £1.1 million due to a...
Next Raises Profit Forecast Amid Strong Q1 Sales Boosted by Warm Spring Weather
Next raises annual profit forecast due to warmer spring weather boosting sales: Fashion and home retail giant Next has...
ProCook Reports Strong Q4 Sales Growth and Record Full Year Performance
ProCook celebrates a strong finish to the year with a 17.8% surge in final quarter sales, reaching £15.5 million,...
Tesco’s Strategy to Maintain Market Dominance Amid Price Wars
In a bold move to tackle rising competition, Tesco announces a reduction in its profit forecast for the upcoming...
Walmart’s E-commerce Profits Amid Tariff Uncertainty
In Walmart's investor meeting, executives remained confident about the company's performance despite potential tariff impacts. Q1 sales are expected...
UK Retailers Lose £38bn Due to Cart Abandonment Amid Poor Delivery Options
UK retailers lost a staggering £38 billion in potential online sales last year due to basket abandonment, according to...
Co-op’s Profits Soar Amid Cost-of-Living Challenges
Co-op reports a fourfold increase in profits, reaching £161 million, despite flat group sales at £11.3 billion. The convenience...
The Entertainer Renews Partnership with The Lego Group for Online Sales
Lead: The Entertainer, a popular toy retailer, has renewed its partnership with Lego and will now sell Lego sets...