Aldi’s growth in the UK grocery market is significant, prompting questions about its potential to overtake Asda.The German retailer’s pre-tax profits surged to £536.7 million, more…
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John Lewis Partnership anticipates significantly higher profits this year, marking a positive shift in its financial trajectory.The company’s pre-tax losses have narrowed substantially, with sales seeing…
Waitrose has announced significant growth in its half-year results, reporting a £75 million increase in operating profit and a 1.2% rise in gross margin, signaling its…
Recent market dynamics reveal significant shifts in the grocery sector.Lidl’s sales surged by 9.1%, bolstered by successful promotions.Asda experienced a 5.6% decline in sales, impacting its…
Marks & Spencer has unveiled significant updates to its online channels, marking a crucial step in its strategy to expand market share in clothing and home…
JD Sports Fashion is shifting its focus towards the US market for significant turnover growth.CEO Régis Schultz projects the US to account for 45% of JD…
Nike faced a challenging quarter as sales dwindled, leading to a revised fiscal outlook.Revenue for the entire year increased slightly, while quarterly earnings saw a dip.Intense…
Lidl has taken the lead over its competitor Aldi, according to recent NIQ data.Lidl’s sales surged by 8% over a 12-week period, whereas Aldi saw a…
Tesco has reported significant growth in its clothing sector, reflecting a robust performance in non-food sales.The company’s quarterly sales increased by 3.4% on a like-for-like basis,…
Marks & Spencer (M&S) is set to welcome Alison Dolan as its new Chief Financial Officer (CFO) following her tenure at Rightmove.M&S interim CFO Jeremy Townsend…