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Retail
TK Maxx: the retail giant that profits from its rivals’ mistakes
The best time to shop at TK Maxx begins as soon as it opens. The dozens of bargain hunters that had gathered at the retailer's Croydon branch in south London mid-morning on a recent weekday knew this.
Families, students, and pensioners…
Fever-Tree announces London listing after shares fall to eight-year low
Fever-Tree's boss is committed to keeping Fever-Tree listed in London even though its share price has been falling and now the United States generates the largest portion of the company's revenue.
Tim Warrillow launched the high-end…
John Lewis profits grow’significantly,’ after a turbulent few years
John Lewis Partnership said that it was on track to grow profits "significantly" this year, after recovering the "buzz", and cutting losses while refocusing on its core business.
The employee-owned partnership that owns the Waitrose…
Inditex’s profits are a model for fashion rivals
Inditex has recovered from a slow summer start, resulting in a record-breaking profit for the first six months of the year.
Zara's Spanish owner reported sales of £18.1 billion for the six-month period ending in July. This is up 7.2%…
The increase in grocery shopping is due to the back-to-school season.
Last month, households increased their grocery expenditures by stocking up on essentials for lunchboxes. Inflation in Great Britain's supermarkets dropped.
Kantar, a retail analyst, says that the rate of inflation in grocery prices fell…
Mountain Warehouse will open 50 new stores
Mountain Warehouse is planning to open 50 new stores in the UK next year, despite fears that the high street will die.
Outdoor clothing chain, The Outdoor Clothing Company, has announced a massive expansion of its physical stores in…
Insights from the CEO of Cook’s Coffee on Franchise Success
Discover Aidan Keegan's insights on the innovative franchise model of Cook's Coffee, their unique brand identity, and strategies for growth in the coffee industry.
John Lewis Revives Never Knowingly Undersold Pledge in Bold Retail Strategy
In a significant shift for the British retail landscape, John Lewis has announced the reinstatement of its iconic "never knowingly undersold" price-match pledge. This move comes two years after the department store chain abandoned the…
Global Trade Faces Challenges Amidst Supply Chain Shocks
The interconnectedness of the global shipping network has been thrust into the spotlight in recent years due to a series of supply chain shocks. From the pandemic-induced increase in goods spending to the Suez Canal blockage caused by the…
Frasers Group Acquires Strategic Stake in Accent Expanding Global Footprint
Mike Ashley's Frasers Group has taken a significant step towards its goal of becoming a leading global sports retailer by acquiring a 14.65 per cent stake in Accent, a prominent retail and distribution business operating in Australia and…
Victoria Beckhams Fashion Empire Surges as Losses Narrow and Sales Skyrocket
In a remarkable turnaround, Victoria Beckham's eponymous fashion and beauty business has witnessed a staggering 52% surge in sales, reaching an impressive £89 million in the past year. This substantial growth has led to a significant…
Marks and Spencer Explores Clothing-Only Boutiques Amid Fashion Sales Surge
In a strategic move to capitalise on the resurgence of its clothing business, Marks & Spencer is considering the launch of standalone clothing boutiques. The British retailer plans to open a trial store in London's Battersea Power…
MS to Launch Standalone Clothing Store in Battersea Power Station
In a bold move, Marks & Spencer (M&S) is set to open its first-ever clothing-only store at London's Battersea Power Station this autumn. The decision comes on the back of a resurgence in the retailer's fashion sales, prompting the…
Ikea Launches Preowned Marketplace to Rival eBay and Other Classified Ad Platforms
Ikea, the world's largest furniture retailer, is set to challenge the dominance of eBay, Craigslist, and Gumtree in the secondhand marketplace with the launch of its peer-to-peer platform, Ikea Preowned. The new platform will allow…
Macys Cuts Sales Forecast as Shoppers Tighten Belts Amid Economic Uncertainty
As cautious consumers reduce their spending, Macy's, America's largest department store chain, has revised its sales outlook for the rest of the year downward. The retailer cited significant discounting as a reason for this change,…
Burberry Set to Exit FTSE 100 as Luxury Brand Struggles
In a stark reflection of its recent financial woes, British luxury brand Burberry is poised to lose its place in the FTSE 100 index. The quarterly shake-up of the index, set to be announced next week, is expected to confirm Burberry's…
Asdas Decline Billionaire Missteps and Fierce Competition
Once a beloved supermarket chain known for its "everyday low prices," wide product selection, and friendly service, Asda has experienced a significant decline in recent years. Factors such as rising prices, declining standards, increased…
Shein Files Lawsuit Against Rival Temu in US Amidst Escalating Tensions
The rivalry between Chinese fast-fashion giants Shein and Temu has reached new heights as Shein launches a scathing legal action against its competitor in the United States. In a complaint filed with the District Court of Columbia, Shein's…