Wednesday, October 18, 2017
TK Maxx UK

TK Maxx UK profit plummets 19.6%

TK Maxx records fall in profits and a dramatic slowdown in comparable sales due to rising sales and costs arising from expanding the business.
CENTRE:MK

Primark owner boosts profit forecasts after “strong” trading

Discount fashion retailer Primark has boosted its full-year profit forecasts after “particularly strong” trading in the lead-up to Easter.
London designer outlet

London Designer Outlet sees 15th consecutive quarter of growth

London‘s only fashion retail outlet centre London Designer Outlet (LDO) has reported its 15th consecutive year of growth boosted by the school summer holiday.
Work Experience

Poundland accused exploiting work experience staff for free labour

Budget retailer Poundland has been accused of exploiting staff on a government work experience scheme and making them work for free for up to two months.
The Works

The Works to spend £5.3m in aggressive expansion

Value retailer The Works is planning to invest £5.3 million to open 60 news stores and create 600 new jobs as part of the latest phase in its expansion strategy.
toblerone

Poundland fights back against Toblerone legal threats

Poundland has responded to threats of legal action from Toblerone over its copycat bar stating that the bar‘s shape is no longer distinctive enough to be a valid trademark.
TK Maxx

TK Maxx parent company reports strong sales growth

The US-based parent company of TK Maxx has recorded a six per cent rise in sales for the second quarter of its fiscal year. In...
Wilko job cuts

Trade union hopeful Wilko job losses will be minimal

Trade union officials have expressed hope that jobs losses at beleaguered retail chain Wilko can be minimised after initial fears that thousands will be made redundant.
Wilko job cuts

Thousands of jobs on the line as Wilko eyes job cuts

The future of almost 4000 Wilko staff is up in the air after the homewares retailer confirmed it has commenced a redundancy consultation period, weeks after it posted an 80 per cent drop in annual profits.
Poundland 50p

Poundland launches 50p sale for first time

Discount retail chain Poundland has just launched a sale where thousands of products will be sold at just 50p for the first time ever.

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Rise of the Robots: Machine Learning & the Future of Commerce

BREAKTHROUGH THE HYPE: UNCOVER THE REALITY OF AI Gartner research estimates that artificial intelligence (AI) bots will power 85% of customer service interactions by 2020....