Asda is planning significant job cuts, raising concerns due to lack of consultation.500 roles were eliminated without a mandatory 45-day consultation earlier this month.Further redundancies are…
Browsing: Retail
Boohoo Group’s decision to hold shareholder meetings without including Frasers Group has caused significant tension.Dan Finley, Boohoo’s new CEO, is engaging with major investors, with Frasers…
M&S is eagerly awaiting the decision on its transformation proposal for the Marble Arch store, a pivotal plan in its retail strategy.The UK government, led by…
The announcement of an increase in employer National Insurance contributions will significantly impact major UK supermarkets, with Tesco facing a substantial financial burden.Tesco, employing 300,000 staff,…
Inter Ikea has reported a profit rise for 2024 amidst a sales decline caused by strategic price cuts.The company’s operating profit rose by 4%, reaching £1.9…
The Entertainer halts store expansion plans due to increased National Insurance costs, reflecting broader economic challenges for retailers.The company’s decision follows a government mandate raising employer…
Hush, a renowned womenswear and lifestyle brand, has announced the appointment of Philip Mountford as its new chairman, leveraging his 40 years of executive experience.Mountford succeeds…
Mamas & Papas, a prominent nursery and childrenswear retailer, reported record sales of £154.3m for the fiscal year ending in March 2024.The impressive sales figures represent…
Asda is grappling with a £100m rise in National Insurance Contributions, as admitted by its chair, Stuart Rose.Following a recent Budget, employer National Insurance rates are…
Asda plans a significant investment to improve its stores during the festive season, responding to a dip in sales.The company reported a 2.5% decrease in quarterly…