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The latest news from the retail industry

Deliveroo warns rapid growth set to wane as lockdown measures ease

Deliveroo has said it expects the recent rapid growth in orders to wane as lockdown measures ease in the coming months. It comes after the...

AO World bullish despite reopening of rival shops as sales surge 88%

Online electricals retailer AO World has said it expects to deliver bumper profits over the year ahead despite the reopening of high street rivals...

Up to 1,200 jobs at risk as Asda plans to overhaul in-store bakeries

Supermarket chain Asda has started consulting with more than 1,000 staff over its plans to overhaul its in-store bakeries. The company said that it was...

British Land looks to retail parks as rent remains hit by Covid

One of the UK’s biggest commercial landlords has signalled a shift towards retail parks as it managed to collect just over half the retail...

Tesco profits dive 20% despite surging grocery sales during pandemic

Tesco has revealed that its profits tumbled by around a fifth over the past year after coronavirus costs of almost £900 million offset surging...

Retail footfall down 15% on two years ago in ‘first step’ of recovery

Total customer footfall on the day non-essential retail reopened in England was down 15% on two years ago, new figures show. However that is a...
The Quiz Westfield Stratford store

Quiz expects a boost from post-pandemic celebrations

Dress-seller Quiz has said that it expects celebrations when pandemic restrictions are slowly eased will boost demand for its products. The womenswear company said that...
JD Sports financials

JD Sports expects bumper profits rebound as restrictions ease

Retailer JD Sports Fashion has said profits are set to rebound more strongly than expected over the year ahead as stores reopen after lockdown. Britain’s...

Timberland launches first ‘Community Loyalty Program’ in the UK

Global lifestyle brand Timberland is launching its first-ever membership program, echoing its mission to create a movement of purpose for a greener planet. The...

Just Eat orders soar 79% in three months amid lockdown takeaway boom

Takeaway delivery giant Just Eat said order numbers soared by 79% over the past three months as lockdown measures sparked demand from housebound customers. The...