Next is to close its Russian operations following Russia’s invasion of Ukraine, joining a growing list of companies shunning the country. Next has told staff at its Russian distribution hub, which fulfils Russian online orders to Russian customers, that over the next few days, it will be winding down the operation...
This will be one of Dreams’ biggest investments to date in bricks-and-mortar retail, it is expected to be one of the retailer’s best performing stores. Dreams said the shop aims to maximise the customers’ in-store experience with the ground floor showcasing beds and mattresses, and the mezzanine floor featuring dressed beds...
Missguided has warned that 140 jobs remain at risk following supply chain disruptions, inflation and a decline in customer demand. The fashion retailer said a 45-day consultation period has started as part of a “comprehensive restructure of the business”. It sold a 50% stake to Alteri, backed by US private equity giant...
Asda and its charity the Asda Foundation has announced a £1 million package to support displaced Ukrainian families in Europe and the UK. This includes providing immediate support for families forced to leave their homes due to the Russian invasion and long-term support for Ukrainian refugees who arrive in the UK. The...
Sainsbury’s has said it has reached a significant milestone in its work to bring Sainsbury’s and Argos closer together with the opening of its 400th Argos store inside a Sainsbury’s supermarket. The Argos outlet in Sainsbury’s Crystal Peaks shop in Sheffield follows the recent opening of two similar stores in supermarkets...
Space NK has teamed up with US retail giant Walmart to enable a range of prestige beauty products to be sold on Walmart.com and in nearly 250 Walmart stores across the US this summer. Called BEAUTYSPACENK, the collection spans a variety of price points across the skincare, makeup, haircare and bath...
LK Bennett has opened the doors of its New Bond Street flagship store in London today, replacing its Brook Street location. The new store follows a fluid, open-plan layout, with custom-built fittings and fixtures to enhance the customer shopping experience. The store will showcase new collections, as well as carry-forward pieces...
Aldi has committed to removing single-use plastic from all its own-brand wipes by the summer as it look to reduce plastic waste. This will involve switching all wipes across its Mamia baby, Lacura beauty and household ranges to 100% plant-based fibres to make them biodegradable. Aldi estimates the move will prevent the...
Sportswear brand Puma is looking to recruit 500 people in Germany to act as brand ambassadors alongside Cara Delevingne and Raphaël Varane by testing its new RE:SUEDE sneaker. The move is part of an experiment to discover whether the brand can make a biodegradable version of its classic SUEDE shoe as...
Music Magpie has posted a decline in full year sales after it returned to normal levels of trading following the impact of the Covid-19 pandemic. Group revenue in the year to 30 November fell to £145.5 million from £153.3 million in the prior year, although the figure marked an increase of...
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