Asos embarks on a significant restructuring of its technology team, heightening focus on innovation.The restructuring involves an increase in product managers and software engineers, impacting various…
Browsing: Retail
The popularity of instant noodles has surged, largely attributed to viral TikTok trends that appeal to a broader audience.Online retailer Ocado reported a 50% increase in…
A new home heart test is now available at Asda, potentially transforming heart health monitoring in the UK.Asda has become the first supermarket to offer this…
DFS has reported significant losses attributed to external market challenges including shipping delays and increased borrowing costs.The company’s pre-tax loss for the year was £1.7 million,…
After a challenging financial year, Co-op has rebounded to profitability, marking a significant turnaround.In the first half of the year, Co-op’s pre-tax profits surged by £91m,…
Frasers Group unveils its latest flagship store at Meadowhall, Sheffield.The new store marks a pivotal step in phasing out the House of Fraser brand.The two-floor, 100,000…
Amid rising losses, Asos plans to streamline its head office workforce, significantly impacting around 200 roles.The retailer aims to simplify its organization to return to profitability,…
In a remarkable first half, Co-op has turned around its financial status with significant profit gains, despite facing considerable theft challenges.Co-op reported a robust bounce back,…
The Advertising Standards Authority (ASA) has banned a social media ad for Nike trainers after finding it misleading.The ad suggested Nike trainers were available for £26,…
Julian Dunkerton, Superdry’s CEO, has called attention to Shein’s tax practices, labeling them as unfair positioning in the UK market.Shein utilizes a UK tax loophole exempting…