John Lewis Top Brass Leaves ‘Partners’ And Customers Seriously Underwhelmed
Incoming boss Sharon White, inheriting a management in disarray, will have little room for error as she tries to cut costs but preserve the...
B&M Disappoints With Weaker-Than-Expected Performance Over Christmas
Following on from yesterday’s dismal results from John Lewis, a trading update from B&M suggests that even value-orientated retailers found the going tough over...
Card Factory Cuts Profit Outlook After Weak Festive Trading
Card Factory has revealed that its underlying sales are currently down on last year after what it described as a “challenging” Christmas trading period.
In...
Former Nielsen Exec Takes Lead Role At Kantar
Kantar, the leading marketing insights and consulting company, has announced two key hires in the UK. Chris Morley has been appointed as Managing Director,...
JLP Issues Profit Warning And John Lewis MD Steps Down After...
The John Lewis Partnership has warned that its staff bonus may be in doubt after it reported disappointing sales over the Christmas period in...
Marks & Spencer’s Food Business Outperforms The Market But Troubles Remain...
Marks & Spencer’s food business appears to have outperformed rivals in the supermarket sector over the festive period, although the group’s share price took...
Retail Sector Suffers Worst Year On Record
Total retail sales slipped by 0.1% in 2019, according to data from British Retail Consortium (BRC) and KPMG. This is the lowest since they...
Owner Of Poundland Being Prepared For Stock Market Float
The owner of Poundland is reportedly on the verge of drafting in advisers to help prepare for a stock market listing later this year...
December Saw Spending Defined By Discounts And Strong Online Sales
A month of deep and widespread discounting may have lead bargain-hunters to part with their cash early ahead of the January sales, according to...
High Street Crisis Deepens As 3,150 Staff Lose Jobs In A...
Mothercare and Links of London will disappear from UK high streets this week as 94 stores close their doors for good, resulting in 3,150...
