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 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...
Made.com hires ex-John Lewis director as CFO as it warns on profits
Made.com has lowered its expectations for the rest of 2022, with both gross sales and revenue expected to drop 15% and 7% respectively.
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 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.
Made.com acquires online marketplace Trouva
Made.com 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
Building materials supplier Travis Perkins said higher prices would form a higher proportion of sales growth this year due to inflation.
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.
Carpetright chair Wilf Walsh to step downÂ
Wilf Walsh is to leave Nestware, a subsidiary of Carpetright owner Meditor, as he retires.