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B&Q to scrap overnight replenishment About 6 years ago

B&Q have announced that they will move away from overnight replenishment, which will lead to the loss of 250 night crew management positions. They will move 1750 staff to customer facing roles during the day.  Replenishment will be carried out during the day by the extra people on the shop floor. B&Q...

French Connection could be up for sale About 6 years ago

French Connection issued a statement on Monday, confirming rumours that the brand could be up for sale. It said it is ‘currently reviewing all strategic options… which include the potential sale of the company.’ Mike Ashley, the owner of Sports Direct and House of Fraser, owns a 27% stake in the company. ...

The Entertainer profits grow 38% About 6 years ago

Toy retailer The Entertainer has announced that their year-on-year profits have grown by 38%. Total sales were up by 7.4% and online sales were up by 28%. This success saw the retailer pay out £1.9 million to its staff in bonuses. They also donated over £2 million to charity.  Gary Grant, founder and...

BHS set for return to the high street About 6 years ago

BHS is set to make a comeback to highstreets this week as they strike a deal to trial a new concession model with Bournemouth based department store, Beales. They will initially start by trialling in nine stores, with a wider view to expand in the spring depending on how the concessions...

LVMH post sales growth About 6 years ago

Luxury fashion group LVMH have said that sales have grown at a lot of their fashion houses.  They have said that this is due to the British taste in for luxury goods. Celine, Kenzo and Emilio Pucci all posted a growth in 2017. Celine made headlines over the weekend after it launched...

Ted Baker sales up by 3.5% About 6 years ago

Ted Baker has said that they have made good progress in the first half of their financial year.  Group revenue was up 3.5% to £306 million in the first 28 weeks.  Retail sales also grew by 1.1% to £220.1 million.  Ray Kelvin, Ted Baker founder and chief executive, said: “Ted Baker has...

Topps Tiles reports growth in sales About 6 years ago

Topps Tiles has said that it is expecting sales to grow to around £215 million from £211.8 million last year.  Like-for-like revenue was the same in the year to the 29th September, but there was a boost of 1.2% in the final 13 weeks of the period. Matthew Williams, Topps Tiles chief...

Amazon raise minimum wage About 6 years ago

Amazon has raised its minimum wage for workers across the UK and US. Pay will rise in the UK from £8.20 an hour to £10.50 an hour in London, whilst other areas in the UK will pay £9.50 an hour. In the US, the lowest paid worker will earn $15 an...

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