Asda announces a £13 million investment in store hours for the festive season to combat declining sales.Third quarter sales excluding fuel dropped by 2.5% to £5.3…
Browsing: Retail
Asda encounters financial strains due to a recent Budget decision, impacting the supermarket’s operations.The National Insurance contributions for employers will rise from 13.8% to 15% on…
The latest Budget poses financial challenges to major UK retailers, including Asda and Sainsbury’s.Asda grapples with additional £100m cost due to increase in National Insurance contributions.Sainsbury’s…
LVMH has strategically invested in the Swedish fashion brand Our Legacy, emphasizing its minimalist and innovative designs.Founded in 2002, Our Legacy is based in Stockholm and…
The Interpath Retail Index ranks UK’s fastest-growing retailers, with Castore topping the list for fashion.Known for its sportswear, Castore achieved a 159.92% growth, reaching a turnover…
New Look shifts its BMD team to four days in-office from January.Currently, staff spend three days in the office, with Fridays hybrid.The change aims to boost…
WK Kellogg’s third quarter results exceeded Wall Street forecasts, demonstrating strong demand for its breakfast brands.The company’s net sales rose to $689 million, surpassing analyst predictions…
In the third quarter, Monster Beverage’s financial performance fell short of Wall Street expectations due to declining demand.The company reported net sales of £1.45 billion, slightly…
Harrods managing director Michael Ward offers a personal apology for past abuses.Ward expresses deep regret over sexual abuse allegations against Mohamed Al Fayed.Harrods is resolving over…
Hamleys has launched its eagerly awaited 2024 Christmas windows on Regent Street, London, featuring enchanting themes from beloved stories.The displays celebrate the magic of Harry Potter,…