Boots have today confirmed that CFO Michael Snape “has decided to leave the business” after “almost five successful years” with the company. “During his time at Boots, [Mr Snape] played a key role in successfully transforming Boots and we wish him all the best for the future and in his next...
Athletic apparel brand Puma has signed to take a new store at the Gloucester Quays outlet and dining destination. The 2,184 square foot space will stock the brand’s range of clothing and footwear for women, men and children, as well as dedicated sportswear collections for sports such as running, football and...
River Island has upsized and relocated at Manchester’s Trafford Centre with the opening of a new concept store. Spanning 21,000 square feet on the upper floor of a former TopShop unit, the shop aims to provide a fully integrated shopping experience with interactive fitting rooms and self-service tills. The store will offer...
John Lewis has announced that it is to source all of the leather used in its own label sofas and chairs from higher welfare UK farms that supply Waitrose beef. The news follows the retailer’s successful circular design launch of mattresses in 2021 that use otherwise wasted wool from Waitrose farms. Marija...
Asos‘s share price jumped 11.8 per cent today after a report emerged that the retailer received a £1bn takeover bid from a Turkish retailer backed by Chinese e-commerce giant Alibaba. Turkish online retailer Trendyol put in an offer valuing Asos at £10 to £12 a share in late December. That compares...
Poundland owner Pepco Group has posted a strong uplift in half year revenue as it continues to expand with new store openings across western Europe. In the six months to 31 March, revenue jumped by 22.8% to €2.8 billion while underlying EBITDA rose by 11% to €377 million. However, underlying pre-tax...
Marks & Spencer has expanded its third party brands offering with the addition of global footwear brands Skechers, Crocs and TOMS. The move means the ‘Brands at M&S’ platform is now home to over 60 third-party brand partners. M&S said the new additions will fill gaps in its footwear offering by introducing...
Lidl GB is to introduce new vacuum-packed, recyclable packaging across its beef mince range. The supermarket said the move will result in a plastic reduction of almost two thirds and will double the shelf life of the product from eight to around 16 days. In addition, the smaller packs will provide...
Frasers Group, the owner of Sports Direct and House of Fraser, is set to cut up to 200 jobs at its London and Shirebrook offices as part of plans to drive efficiencies and streamline processes. This means that 20% of the company’s head office staff are at risk of redundancy as...
Iceland Foods has redistributed over 5.5 million meals to local communities since January 2022. As part of its ongoing commitment to reduce food waste, Iceland has nearly doubled its target of redistributing 3 million meals by the end of Iceland’s financial year by an extra 2.5 million. With the help of the...
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