John Lewis is preparing to reinstate its celebrated staff bonus for the first time in four years, following a notable upturn in financial performance. The renowned mutual retailer, which counts
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A strong summer sale, along with robust demand for garden furniture, has enabled Dunelm to weather a subdued retail market and report a 4 per cent increase in sales for
Frasers Group, the retail giant founded by Mike Ashley, has issued a cautious profit guidance for the current financial year, citing the shadow of higher taxes and subdued consumer confidence.
The Co-operative Group’s chief executive, Shirine Khoury-Haq, has apologised to its members after confirming that a recent cyber-attack led to the theft of the personal details of all 6.5 million
Sosandar, the fashion retailer catering to style-conscious women, has announced a significant reduction in its profit forecast due to the ongoing fallout of the cyberattack on Marks and Spencer, which
Rachel Reeves has urged regulators to resist “excessive caution” as she unveiled plans to encourage more Britons to invest in shares, aiming to unlock growth and innovation. Speaking at the
Marks & Spencer has launched its first international wholesale fashion partnership, unveiling a collaboration with David Jones department stores across Australia. The British retailer, known for its dependable lingerie, womenswear,
Britain is grappling with the repercussions of its third heatwave within a month. Following a wet winter, this summer’s scorching temperatures are taking a significant toll on sectors across the
The parent company of McVitie’s and Jacob’s, Pladis, has announced a £68 million investment into its UK operations in a bid to drive significant growth. The funds will be focused
Leading suppliers have imposed stricter credit terms on Poundland, causing significant stock shortages across its 800-store network. The discount retailer, recently sold to US-based Gordon Brothers for £1, is grappling
British town and city centres require up to £5bn in investment to address the growing crisis of empty shops, with several regions experiencing vacancy rates double that of London, according
Chinese fast-fashion powerhouse Shein has strategically pivoted towards Hong Kong for its initial public offering, submitting a draft prospectus to the Hong Kong Stock Exchange whilst simultaneously seeking approval from
The chairman of Marks and Spencer has delivered a stark warning about the United Kingdom’s capability to combat cyber threats, revealing the retailer sought assistance from the US Federal Bureau
In a significant shift within the British retail landscape, John Lewis has surpassed Marks & Spencer to secure the highest customer satisfaction rating amongst UK retailers, whilst its sister company
Seraphine, the beloved maternity wear brand favoured by the Princess of Wales, has filed notice to appoint administrators from Interpath Advisory, placing approximately 100 jobs in jeopardy. The once-thriving retailer,
The recent cyberattack on Marks and Spencer has created an unexpected opportunity for strategic realignment, according to Chief Executive Stuart Machin. The retail giant’s leadership is viewing the disruption as