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Revenues have risen by a third at Footasylum, with the footwear retailer posting growth across all three sales channels during its Christmas trading period. For the 18 weeks to December 30 – the same period when Footasylum completed its initial public offering in November was became listed on the AIM –...

Online grocery retailer Ocado is set to start testing a humanoid robot in its warehouses that will assist human engineers. The robot, dubbed SecondHands, will assist engineers working on Ocado’s handling systems using artificial intelligence to predict their needs and hand them tools. Ocado has already invested millions in developing technologies aimed...

Discount retailer B&M has revealed a sharp rise in third quarter sales, boosted by record Christmas trading. In the 13 weeks to December 23, total sales increased by 22.7 per cent on a constant currency basis. On an actual currency basis, total sales climbed by 22.9 per cent to £969.8 million. In...

The John Lewis Partnership has reported an uplift in sales at both the John Lewis department store chain and its Waitrose supermarket over the festive trading period but said pressure on margins is increasing. Like-for-like sales at John Lewis rose by 3.1% while sales at Waitrose increased by 1.5% in the...

Marks & Spencer has raided the senior ranks of Dixons Carphone to appoint Humphrey Singer as its new chief finance officer. Singer will take up his appointment on a date to be confirmed and will report to chief executive Steve Rowe. Singer has been group finance director of Dixons Carphone since 2014...

Tesco’s path to financial recovery has been further cemented after it recorded a huge rise in sales over the critical Christmas trading period. According to its latest trading update, third quarter like-for-like sales in the UK grew by 2.3 per cent – representing Tesco’s eighth consecutive quarter of growth – and total...

Sainsbury’s has upgraded its full-year profit forecast after enjoying record sales rises over the Christmas period. In its third quarter trading update covering 15 weeks ending January 6, the Big 4 retailer posted a 1.1 per cent rise in like-for-like sales. This was attributed to booming trading over Christmas week, with December...

Fat Face has reported strong sales over the Christmas season, with its half-year report also indicating a recovery in some profits and sales after a gloomy previous year. According to unaudited results for its 26 week period ending December 2, total sales was up by 12 per cent to £120 million,...

Recent studies have shown that more jobs in retail are set to be replaced by automation than any other sector. Is the tech-pocalypse really on our doorstep? Taxi driver: 89 per cent. Journalist 11 per cent. Bartender: 77 per cent. Retail Salesperson 92 per cent. According to willrobotstakemyjob.com the retail industry is “doomed”. What’s...

Tesco has launched the largest own-brand range of 100 per cent plant-based meals as the vegan health craze continues to rage. Coinciding neatly with “Veganuary”, in which people pledge to stay vegan for a month, Tesco has launched 18 new meals in its Wicked Kitchen range. The range, which will be rolled...