Homeware retailer Dunelm has reported “another strong year”, maintaining its record of growing sales and profit every year since IPO in 2006. In the year to July 2nd, like-for-like growth in stores increased 1%, but home delivery sales rocketed by 23.2%, now accounting for 7% of total revenue. Meanwhile, six new openings...
Furniture and homeware retailer IKEA has reported that its total sales have increased 7.1% to €34.2 billion in the year to 31st August with 783 million customers visiting its stores. Adjusted for currency impact, total sales rose 7.9%. On a like-for-like basis store sales were up 4.8%. The company stated that Germany...
It has been reported that the former boss of BHS, Darren Topp is set to join luxury fashion retailer LK Bennett as its new chief executive. If reports are accurate, he will be replacing Robert Bensoussan, who became interim chief executive in 2014 and who will remain at the company as...
It has been reported that online supermarket Ocado’s group sales have risen 15.4% to £314 million despite a “very competitive” market in the 12 weeks to 7th August. Figures show that retail sales increased 13.6% to £286.4 million, with average orders per week rising 18.9% to 226,000, marking this the best...
Sportswear retailer JD Sports has reported its first half pre-tax profit has shot up 66% to a record £77.4 million as it continues to grow in Europe. Figures show that total group revenue grew 20% to £970.6 million in the six months to 30th July and like-for-like sales for the entire...
Laura Wade-Gery, M&S’ head of multichannel, will be stepping down from her role after a year of maternity leave. Ms Wade-Gery joined M&S from Tesco in 2011, tasked with improving the retailer’s multichannel operations, but a revamp of the company’s website under her guidance failed to deliver results straight away. Ms...
Lego has announced that its biggest ever Lego store will open in Leicester Square this autumn. The new shop will cover two floors at a total 914 sq m and will feature a Lego Big Ben, which will span both levels. The structure will stand 6.53 meters high and will contain...
The head of Lidl UK, Ronny Gottschlich, has quit after 16 years with the budget grocery chain. He has been replaced by Christian Härtnagel with immediate effect. Mr Härtnagel has spent 13 years at Lidl, during which he served as regional director at Lidl Ireland and headed up the sales and...
Luxury fashion group Yoox Net-a-Porter has appointed former Barneys New York executive Matthew Woolsey as its new managing director. Mr Woolsey will report to Alison Loehnis, president of Net-a-Porter and Mr Porter at the site’s London headquarters. The appointment is expected to boost Net-a-Porter’s digital, mobile and content platforms. Ms Loehnis...
Morrisons and Amazon have agreed a deal that will see hundreds of Amazon delivery collection lockers in Morrisons stores across the UK. The online delivery giant already has over a thousand lockers in locations such as airports, shopping centres, train stations and local convenience stores. The new deal will create the...
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