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-
Co-op re-opens trio of stores after major makeovers
Co-op has re-opened three stores following an investment in major makeovers. The shops in Topsham in Devon, Scarborough in Yorkshire and Tupsley in Herefordshire have all... View Article -
Big brands vs retailers: who will absorb the tariff impact in their profit margins? | Nils Pratley
It may take at least six months for retailers like JD Sports to know the real-world effects of Trump’s trade warfare“There are no tariffs on webcasts,” joked Régis Schultz, chief executive of JD Sports, as he opened the sportswear retailer’s strategy update to the City.Unfortunately, that was the limit of his insights into the effects of Trumpian economic warfare on a business that likes to point out that its 2,500 state-side stores make it bigger in the US than lo -
Lord Kalms obituary
Businessman who loved selling and built up his multimillion-pound retail empire from a single shop in Hendon, north LondonThere can be relatively few householders in the UK who have not bought a television, laptop, hi-fi, fridge or washing machine from one of the companies overseen by Stanley Kalms, Lord Kalms, who has died aged 93. Working up from a single north London camera shop to a chain of 1,300 branches of Curry’s, Dixons, PC World and The Link by the time he retired in 2002, Kalms -
Grocers can provide shelter from tariff storm
Investors on the lookout for havens may want to check out supermarket stocks -
Walmart warns tariffs have made profit outlook less predictable
The largest US retailer is striving to keep prices low even as Donald Trump’s levies take effect -
Next CEO takes home £4.7m pay packet as profits top £1bn
Next chief executive Lord Wolfson took home nearly £5m in pay this year as the retail giant’s profits topped £1bn for the first time.
Wolfson was paid £4.72m for the year to Janaury 2025, up from his £4.63m pay packet the year before, the retailer’s annual report shows.
The chief executive took home an annual salary of £1.16m and £3.56m in bonus payments, including an annual bonus of £1.02m. He received £2.55m from the retail giant -
JD Sports warns of volatile year amid tariff uncertainty
JD Sports has met full-year profit expectations but cautioned that the year ahead will be challenging due to market volatility and tariff uncertainty.
For the 52 weeks to 1 February 2025, the sportswear giant reported a 5.8% organic sales growth, slightly ahead of guidance, with profit before tax and adjusting items falling within the range of £915m to £935m.
Group like-for-like (LFL) sales rose by just 0.3% for the year, but fell 2.5% in the UK. Europe and Asia Pacific delivered str -
JD Sports warns of volatile trading as tariffs hit US customers and suppliers
UK retailer, which makes almost 40% of its sales in the US, expects profits to remain steady -
Primark partners with Krispy Kreme on exclusive collection
Primark has teamed up with doughnut brand Krispy Kreme to launch a a collection of fashion, sleepwear and accessories. Following an exclusive preview event held at the... View Article -
John Lewis rolls out in-store repair service nationwide
John Lewis is expanding its repairs and alterations services in partnership with Timpson across all its stores.
From today, customers will be able to drop off their clothing, accessories and a selection of homeware items to be cleaned, repaired or altered in any of the department store’s locations around the UK.
It follows a successful trial with Timpson Group owned-Johnsons across five of its branches last year, including Oxford, Liverpool, Cheadle, Milton Keynes and Welwyn.
Director of s -
Tesco and Ryman eye Post Office branches
Tesco and Ryman are among several parties interested in acquiring some of the 108 directly owned Post Office branches up for sale.
The Post Office said on Tuesday (8 March) it will offload the last branches it operates itself and move towards a fully franchised network, BBC News reported.
Ryman currently operates seven Post Offices and another two branches are planned for this year. It was first reported in February that Tesco had expressed an interest in taking over 108 Crown Post Offices.
A sp -
The Range opens 30 new superstores following Homebase acquisition
The Range has marked a “significant milestone” in its expansion plans with the opening of 30 new format superstores across the UK and Republic of Ireland since January.
The discount chain has been opening three new stores every Friday since the start of the year following its acquisition of the Homebase brand and up to 70 of its stores back in November.
It’s most recent converted Homebase stores, include Winchester, Balloo Park, Bangor (Northern Ireland), Sligo, and Drogheda (R -
US tripling of small-package duties delivers further blow to Shein and Temu
Ecommerce platforms were already facing closure of duty-free loophole for parcels from China -
Aldi surpasses Asda on food and drink sales for first time
Aldi has overtaken Asda on food and drink sales in a fresh blow to the embattled supermarket chain.
The German discounter surpassed Asda following higher sales of fresh poultry, fish, eggs and fruit, according to Kantar figures seen by The Telegraph.
Aldi accounted for 10.6% of food and drink sales across the sector in the 12 weeks to 23 March, overtaking Asda’s market share which fell from 10.5% to 10.4%.
These figures are distributed privately to supermarkets and do not include sales of& -
Marks & Spencer raises over £155k for Prostate Cancer UK
Marks & Spencer has raised over £155,000 for Prostate Cancer UK as part of its campaign to encourage more men to get checked for the disease.... View Article -
Superdrug launches high street Healthcare Ambassador programme
Superdrug is investing £1 million in its new Healthcare Ambassador programme. The move will see dedicated members of staff being highly trained across various healthcare categories... View Article -
Oliver Bonas to open largest store in north east
Oliver Bonas is to open its largest store in the north east of England at Eldon Square in Newcastle. Spanning 2,809 square feet, the shop in... View Article -
Reeves rejects calls for ‘Buy British’ campaign despite Tump tariff hike
Chancellor Rachel Reeves has ruled out backing a “Buy British” consumer campaign in response to US tariffs introduced under Donald Trump, arguing that such a move would risk making the UK appear too “inward-looking”.
Speaking in the House of Commons, Reeves responded to calls from the Liberal Democrats to launch a nationwide campaign encouraging people to prioritise British-made goods.
According to Sky News, The Lib Dems’ deputy leader and Treasury spokesperson, Dai -
Superdrug rolls out 500 high-tech digital screens to enhance in-store experience
Superdrug is introducing around 500 digital screens across its UK store estate as part of its ongoing strategy to modernise its physical retail offering and deliver tailored content to customers in real time.
The health and beauty retailer said the high-tech screens will help transform its stores into dynamic advertising platforms, allowing suppliers to “target the right customer, with the right advert, at the right time”.
The initiative follows a successful pilot in Superdrug’ -
Superdrug rolls out high-tech digital screens in stores
Superdrug is rolling out 500 high-tech, digital screens across its stores as it works to digitalise its bricks-and-mortar estate and serve customers tailor-made content. The health... View Article -
Sainsbury’s partners with Royal Mail to expand parcel lockers nationwide
Sainsbury’s has launched a new partnership with Royal Mail to install parcel lockers at stores across the UK, becoming the first major supermarket to join Royal Mail’s growing network of drop-off and collection points.
Royal Mail, which launched its locker network in December, currently has units installed at six Sainsbury’s locations, with further expansion planned.
The lockers currently offer drop-off services and include in-built label printing functionality. Plans are also -
Retail Technology Show review – challenges presenting opportunities
Retail executives and technology leaders converged on ExCel London for the Retail Technology Show that proved to be a melting pot of new solutions and thought... View Article -
An entertaining fightback against feedback requests | Letters
Dr Clare Griffel’s cucumber review didn’t go down well with Waitrose. Rhys Harrison recalls how he was bombarded with messagesChloë Hamilton’s excellent piece about endless requests to leave online reviews certainly resonated with me (‘Please leave feedback’: how constant online reviews are changing our brains – and our lives, 1 April) . Accordingly, when a request arrived the next day from Waitrose for a review of my recent purchase of a cucumber, I deci -
Shein faces opposition from China on post-tariff supply chain shift
Shein has been hit with opposition from the Chinese government over its proposals to move some production outside of the country.
Speaking to Bloomberg News, a source familiar with the situation said China’s Ministry of Commerce had reached out to the fast fashion retailer and other companies suggesting that they did not diversify supply chains by sourcing from other countries.
The source said the requests came during the days before Donald Trump’s “reciprocal tariffs” an -
Lush full-year losses widen as it hikes US prices following tariffs
Lush has unveiled plans to launch a UK hotel as its annual pre-tax loss widened in its latest results.
The cosmetics specialist revealed that it was working with a “British partner” to open a hotel, which would represent a first for the retailer.
It comes as Lush’s pre-tax loss widened from £28m to £42.5m during the year to 30 June 2024. The company’s sales also 8.5% dropped from £708.1m to £647.5m.
Retail revenues dropped 4.9% from £576.2m t -
Reeves rejects calls for ‘buy British’ campaign in response to US tariffs
Chancellor says asking shoppers to prioritise UK products would make country too ‘inward-looking’UK politics live – latest updatesRachel Reeves has declined to back calls for the UK government to launch a “buy British” campaign in response to Donald Trump’s tariffs, saying it would make Britain too “inward-looking”.However, Downing Street said the Cabinet Office was examining procurement rules and said there were already policies in place to incent -
‘WH Smith wasn’t just a workplace’: ex-staff and shoppers on the high street chain
With the brand to disappear from town and city streets, readers share their memories of how it touched their livesAfter 233 years, the household name of WH Smith will soon disappear from high streets and the stores will be rebranded under the fictitious “family” brand name TGJones.The high street business, which employs 5,000 staff, will sell its 480 high street stores to the Hobbycraft owner, Modella Capital, but will retain its brand for travel shops in airports, railway stations a -
Philip Green fails in attempt to challenge UK parliamentary privilege
European court rules human rights convention not violated after peer linked former Arcadia chair to sexual misconduct allegations -
Sir Philip Green loses legal case against UK over use of parliamentary privilege
Tycoon was named in Lords as having obtained injunction against Telegraph to stop publication of misconduct allegationsRetail tycoon Sir Philip Green has lost a legal case against the UK government after complaining about being publicly named in the House of Lords as facing misconduct allegations.The case, which was said to be a test of the concept of parliamentary privilege, was launched after Lord Hain announced in the House of Lords that Green had used the courts to obtain an interim injuncti -
Clintons returns to profit under new owner
Clintons has returned to profit under its new owner following a store closure programme.
The card and gifting retailer swung to a pre-tax profit of £38m in the year to June 29, up from a loss of £5.3m the previous year. This was despite a 14% drop in sales, from £96.5m to £82.6m.
During the period, Clintons shuttered more than 38 unprofitable stores after an insolvency court approved a restructuring plan to avoid a total collapse. It finished the year with 163 stores
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