Carpetright’s financial collapse has left significant financial impacts on various retailers and customers.The firm owes approximately £3.5 million in rental debts to over 11 businesses.Major creditors…
Browsing: Retail
In a strategic move, Next unveils its new premium fashion website, Seasons, aiming to capitalize on growing luxury demands.Seasons will feature brands like A.P.C, Ganni, and…
Caroline Rush, the long-serving CEO of the British Fashion Council (BFC), is stepping down after an impactful 16-year tenure.A search for Caroline Rush’s successor is now…
This week, serious allegations have emerged against Mohamed Al Fayed, former owner of Harrods, by over 20 women.The allegations stem from alleged incidents of rape and…
Ocado has reported a consistent shift of customers from Tesco for the past year.The company has seen a diverse range of new customers across ages and…
Ocado has upwardly adjusted its full-year sales expectations owing to significant growth in the third quarter.Retail sales surged by 15.5% to £658m, demonstrating the company’s robust…
The UK government has decided to delay the implementation of ‘Not for EU’ labels on meat, fish, and dairy products indefinitely.Originally set for introduction on October…
Morrisons has unified its online grocery apps into a single, enhanced platform, streamlining user experience across the UK.The previous dual-app system divided users based on regional…
Ocado Retail’s latest financial performance indicates a promising outlook, with sales significantly increasing.In the recent quarter, Ocado saw a 15.5% increase in sales, reaching £658 million,…
Next has revised its profit forecast, bringing it closer to achieving £1bn in annual profits.The retailer’s full-year guidance was raised by £15m, reaching £995m, an 8.4%…