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…
Browsing: retail challenges
Fenwick, a renowned department store chain, has reported a substantial financial loss due to difficult retail conditions.The company revealed a pre-tax loss of £28.4m for the…
Asda’s leadership sees a change with Lord Rose stepping up amid performance concerns.Mohsin Issa steps back, with Stuart Rose supported by Rob Hattrell taking charge.Asda’s market…
In an era defined by rapid technological advancements, retailers face unprecedented challenges in adapting their workforce to maintain competitiveness.Retailers are embracing digital transformation to keep frontline…
Independent retailers are under the microscope this autumn, with a significant focus on their resilience amidst challenges.A survey reveals over half of independent retailers are optimistic…
England’s impressive journey to the Euro 2024 finals has ignited a surge in football shirt sales, overshadowing other retail sectors.The England team’s advancement to the final…