Kingfisher sales drop but surpass pre-pandemic levels

Kingfisher sales have dropped although it remains confident it can manage inflationary and supply chain pressures.
Snug live

Snug hosts three noughties boybands for live shopping event

// Snug recently hosted its latest live shopping event called ‘Snug Presents’ – an exclusive gig that featured three iconic boybands, Blue, 5ive and... lowers outlook, appoints John Lewis founder's great grandson as CFO hires ex-John Lewis director as CFO as it warns on profits has lowered its expectations for the rest of 2022, with both gross sales and revenue expected to drop 15% and 7% respectively.
Screwfix to open 80 stores with 800 new jobs

Screwfix to create 800 retail jobs by opening 80 new stores

Screwfix will create 800 retail jobs by January as part of plans to open 80 new shops across the UK and Ireland.
Ikea store

Ikea to invest £2.6bn to create in-store warehouses to fulfil online orders

Ikea is to spend 3 billion euros (£2.6 billion) on its stores, which much of the investment going towards transforming part of its out-of-town shops into ecommerce distribution centres. acquires online marketplace Trouva has acquired online marketplace Trouva, in an effort to advance the group’s growth strategy.

Next first quarter sales jump as it maintains profit guidance

Next has maintained its profit guidance for the year after its sales jumped 21.3% in its first quarter.
Demand for housing sees sales jump at Travis Perkins

Demand for housing sees sales jump at Travis Perkins

Building materials supplier Travis Perkins said higher prices would form a higher proportion of sales growth this year due to inflation.
Ex Dreams boss Mike Logue

Dreams turnaround guru Mike Logue’s five steps to transform a struggling retailer

Former Dreams CEO Mike Logue reveals how he turned the struggling bedding retailer around at The Retail Technology Show.
Wilf Walsh is to step down from Carpetright's parent company

Carpetright chair Wilf Walsh to step down 

Wilf Walsh is to leave Nestware, a subsidiary of Carpetright owner Meditor, as he retires.

Feature Resource

eCommerce Returns: Consumer Trends and the Impact on Retailers

Consumers buying online can equal higher volumes of product returns! Whistl has reviewed recent research and outlined the change in consumer eCommerce buying trends...