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-
Maternity wear group Seraphine collapses into administration
Company was part of London’s bumper crop of 2021 IPOs but was taken private two years ago at 90% discount -
Retail footfall surges as warm weather drives shopper traffic
All UK retail destinations recorded a steady rise in footfall last week, driven by a mix of warmer weather, seasonal demand and high-profile summer events.
High streets witnessed peak footfall levels on Thursday July 3, rising 5.1%, while retail parks and shopping centres footfall peaked on Wednesday 2 compared to the week before, rising 6.6% and 3.7% respectively, according to data from MRI Software.
Retail footfall was up 1.5% last week across all UK retail destinations from the week prior, la -
Retail footfall surges as summer events and warm weather drive shopper traffic
All UK retail destinations recorded a steady rise in footfall last week, driven by a mix of warmer weather, seasonal demand and high-profile summer events.
High streets witnessed peak footfall levels on Thursday, rising 5.1%, while retail parks and shopping centres footfall peaked on Wednesday compared to the week before, rising 6.6% and 3.7% respectively, according to data from MRI Software.
Retail footfall was up 1.5% last week across all UK retail destinations from the week prior, largely dri -
Dunelm snaps up Sainsbury’s veteran for CEO role
Dunelm has poached Sainsbury’s chief retail and technology officer Clodagh Moriarty as its next chief executive, as current boss Nick Wilkinson prepares to retire after seven years in the role.
Moriarty, who has spent 15 years at the supermarket giant, will take over on 1 October. She currently sits on Sainsbury’s operating board and leads store operations, digital strategy, customer experience, and technology platforms.
Before joining Sainsbury’s, Moriarty spent nearly a decad -
Dunelm names Sainsbury’s veteran as new CEO
Dunelm has appointed Sainsbury’s chief retail and technology officer Clodagh Moriarty as its next chief executive, as current boss Nick Wilkinson prepares to retire after seven years in the role.
Moriarty, who has spent 15 years at the supermarket giant, will take over on 1 October. She currently sits on Sainsbury’s operating board and leads store operations, digital strategy, customer experience, and technology platforms.
Before joining Sainsbury’s, Moriarty spent nearly a dec -
Dunelm names new chief executive
Dunelm has appointed Clodagh Moriarty as its new chief executive. Due to join the homeware retailer on 1 October, she will succeed Nick Wilkinson who, as... View Article -
M&S targets family shoppers with larger packs and new essentials
M&S is expanding its range of family favourites and household essentials as it looks to become a “true shopping list retailer”, rolling out new own-label lines and larger pack sizes.
The food and fashion giant has grown its Bigger Pack, Better Value range by a third, with more than 100 lines now available in larger formats designed for family shoppers.
Fresh Market Specials have also proved popular, with family blueberry pots driving a 30% year-on-year rise in blueberry sales sin -
Footasylum hails ‘standout’ performance as sales and profits rise
Footasylum has hailed a “standout” performance in its most recent financial year with strong increases in sales and profit. In the year to 25 January, revenue... View Article -
John Lewis freezes school uniform prices for fourth year
John Lewis has frozen the prices of its school uniforms for the fourth year in a row ahead of the back-to-school season.
The high street giant has frozen 71% of its school uniform prices since 2021, with prices starting from £7 for its cargo shorts and £8 for a three-pack of Anyday polo shirts.
Its range, which is currently available to buy in store and online, includes durable design features such as long length trousers and adjustable waists, internal knee patches to reinforce the -
Amazon brings GoPuff’s rapid grocery delivery to more UK cities
Amazon has rolled out 15-minute grocery deliveries to cities across the UK after striking a national partnership with rapid delivery firm GoPuff.
The ultra-fast service — first trialled in Birmingham and Salford in May — is now available in cities including London, Manchester, Liverpool, Leeds, Cardiff, Bristol and Sheffield.
Amazon customers can now order groceries, cleaning products, baby supplies and alcohol 24/7 via the retailer’s website or app, with delivery speeds of as -
Watch: Asda revives ‘That’s Asda Price’ to woo value-driven shoppers
Asda has relaunched its iconic slogan “That’s Asda Price” in its latest advertising campaign.
The new creative, developed by agency Lucky Generals in its first campaign since winning the grocer‘s account, builds on the momentum of its earlier Rollback to Asda Price push, which saw more than 10,000 products reduced to a new low price.
The 30-second TV advert, titled Barnsley Baby, airs on 10 July and features a humorous twist: a baby named Gary who unexpectedly utters the -
Tesco to create 400 jobs in Ireland
Tesco Ireland is to create 400 new jobs over the next 12 months as it invests €40 million in the opening of ten new stores. The... View Article -
Footasylum hails ‘standout’ year as sales and profits hit record high
Footasylum has posted record full-year results, with revenue rising 9.4% to £349.5m and underlying EBITDA jumping 26% to £28.2m for the year to 25 January 2025.
Operating profit more than doubled to £21.7m, while profit after tax surged 625% to £19.9m, up from £2.8m the prior year.
The retailer said sales in the first 21 weeks of FY26 are also up 10.5% year-on-year, spurred by a 6% uplift in like-for-likes.
Footasylum said strong sales in its current financial year -
Waitrose to make multi-million pound investment in new south west distribution centre
Waitrose is to make a multi-million investment in a new distribution centre in Bristol as it looks to better serve customers in the south west, Spanning... View Article -
H&M joins growing list of retailers giving staff bodycams to combat theft
H&M has become the latest retailer to equip UK staff with body cameras as part of efforts to tackle soaring shoplifting and violent attacks on workers.
The Swedish fashion giant is trialling the technology at stores in Edinburgh, Wood Green, and Beckton, London, amid growing concerns about organised theft and abuse in shops.
A H&M spokesman told This is Money: “We’re testing this new technology in a three-store pilot to assess what beneficial impact it may have, along with pr -
Apple’s UK tax bill jumps to £304m as profits pass £1bn milestone
Apple’s corporation tax payment in the UK surged nearly 62% last year to £304m, as its operating profits topped £1.2bn for the first time.
Accounts filed at Companies House show the American tech giant’s operating profits rose from £822m to £1.2bn for the year ended September 28, 2024, while revenues jumped 35% to £4.7bn.
The growth came alongside the launch of Apple’s iPhone 16 range as the firm met criticism over its slower progress on artificial -
Halfords appoints managing director of its garages business
Halfords has appointed Adam Pay as managing director of garages as the business continues to grow. Pay previously worked as managing director of My Car in... View Article -
M&S CEO vows to improve menswear after shareholder brands range ‘drab’
M&S boss Stuart Machin has pledged to sharpen the retailer’s menswear offer after a shareholder branded the current range “drab and outdated” at the company’s annual meeting.
Speaking to The Times, Machin conceded there’s still work to do despite the retailer boosting its menswear market share to 10.4% — up 0.5 percentage points year on year — and recording a 50% sales surge in its premium Autograph label.
“I’m the biggest customer, but I -
Asda makes major enhancements to family leave benefits
Asda has made some major enhancements to its family-friendly policies for colleagues. Applicable to all 140,000 staff, the supermarket’s updated policy means that maternity and adoption... View Article -
Wickes opens new Bury St Edmunds store on former Homebase site
Wickes has opened a new store in Bury St Edmunds on a former Homebase site. The 35,000 square foot space includes a 3,900 square foot showroom... View Article -
Amazon and Walmart go head-to-head in online discount battle
Retail giants schedule duelling sales events as they fight for ecommerce supremacy
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