Supermarket giant Asda has revealed its worst sales on record during the three months including the Christmas period. Figures show that sales dropped 4.7% over the year, as well as decreasing profits. Figures also show that income in the fourth quarter decreased 7.9%. Andy Clarke, CEO commented in December: “I don’t think...
Supermarket group Morrisons is investing £30 million in its staff facilities across the UK, giving staff more modern and comfortable areas to take their breaks. The money will be spent on discounted coffee, free Wi-Fi and mobile phone charging points in areas separate to the staff dining rooms. Following an employee consultation,...
The UK unemployment rate fell by 60,000 between October and December to 1.69 million, with the highest number of people in work since records began according to the Office of National Statistics. However, growth earnings remained slow, as average weekly earnings for employees in Great Britain increased by 1.9% including bonuses...
Former European managing director at multichannel retailer Lands’ End, Sara Prowse, has been appointed the new chief executive at footwear retailer Hotter. Ms Prowse, who has also worked at Shop Direct, River Island and Debenhams and will be taking over from Peter Taylor who has stepped down after four years...
It has been announced today that London will host the first Xtend Barre fitness centre, which will open its UK flagship store in May. The location for the fitness group will be situated at 49 Marylebone High Street, covering a 3,000 sq ft area, which was secured via Shelley Sandzer. The...
H&M has said that it will be producing a second collection in partnership with music and arts festival Coachella, in California. Due to land in stores on March 31st, H&M Loves Coachella will feature festival staples such as blouses, beaded and fringed tops, floppy hats and sunglasses. Ross Lydon, designer at...
Cycle retailer Halfords has said that it will employ 600 young people this year as part of a scheme to prepare 16-24 year-olds for work. "We wanted to go above and beyond the usual apprenticeship model, and by offering pre-employment training to our candidates, we're raising the bar for training...
It has been reported that Amazon is in talks with the former head of womensear at M&S as rumours build regarding its own-label fashion line. Frances Russell left M&S last year and is thought to be in talks regarding a senior role with the online giant. According to Women’s Wear Daily,...
Jewellery group Signet, which owns H Samuel and Ernest Jones, has said that it is to delist from the London Stock Exchange in order to reduce costs. The US-based firm conducted a review of its stock exchange listings last year and found that administrative costs could be reduced by only keeping...
Staff at some retailers will see a drop in Sunday pay as the impact of the National Living Wage hits firms. Due to be introduced in April, the new scheme will raise the minimum wage for staff aged over 25 to £7.20 per hour. According to The Mirror, B&Q is one...
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