Ocado: Marks-linked grocery tech giant cheers bumper online Christmas orders January 16, 2024 Ocado Retail, the grocery delivery service owned in a joint venture with Marks and Spencer, said it would return to positive EBITDA for the full year, as customers fall back in favour with the brand
THG signs fulfilment deal with Holland & Barrett and sees Q4 sales growth January 16, 2024 THG saw revenue growth of 1.1 per cent across the ‘golden quarter,’ it told markets this morning. Group revenue hit £597.9m in the quarter, with sales across the full financial year ending in December at £1.98bn. THG’s Q4 performance represented the best quarter of this financial year and the firm this morning hailed a “pleasing [...]
The day the music sort of died: Nightclub giant Rekom calls in the administrators January 15, 2024 Rekom, the UK's biggest nightclub firm, is planning to call in administrators just three years after being rescued for a major restructuring that could see a number of venues permanently close.
Superdrug market share hits 10-year high as savvy shoppers boost sales January 15, 2024 High street chemist Superdrug now holds 40 per cent of the mass market share in cosmetics, as shoppers seeking out cheaper beauty alternatives help propel sales.
Vivienne Westwood tells its staff to work three days at home to meet net zero goals January 15, 2024 Staff at fashion house Vivienne Westwood have been ordered to only come into the office two days a week, amid a push to hit net zero targets
Wetherspoon boss Tim Martin takes swipe at ‘slow learners’ The Independent after correction January 15, 2024 Sir Tim Martin has taken a swipe at ‘slow learners’ at The Independent newspaper amid a spat over the Wetherspoon boss' comments
A sign of the times: Pawnbroker Ramsdens cheers ‘milestone’ year as cash-strapped Brits flog valuables January 15, 2024 Pawnbroker Ramsdens recorded ‘milestone’ full year profits as it was helped by Brits flogging their goods amid the cost of living crisis.
Ocado: Are price cuts and M&S magic enough to help shares recover? January 14, 2024 Ocado will update investors on its fourth quarter trading on Tuesday, to see if a barrage of price cuts has managed to win over more customers amid the cost of living crisis. The supermarket technology business, which owns an online grocery venture with Marks and Spencer, enjoyed big wins during the pandemic but has struggled [...]
Battersea Power Station welcomes 11 million visitors in boost for retail January 14, 2024 Battersea Power Station welcomed over 11 million visitors last year, as shoppers flocked to the former derelict building.
John Lewis brings back former fashion boss in bid to turn fortunes around January 12, 2024 John Lewis is bringing back its former director Peter Ruis to lead the department chain, in its latest efforts to turnaround the business. Ruis will return to the ailing retailer as executive director after a near decade long hiatus. The high street heavyweight has had senior level stints at some of the world’s most recognised [...]
