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The latest news from the retail industry

Landlord warns no more rent holidays for shopping centre businesses

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Commercial property owner Hammerson has warned its tenants that it will no longer offer rent concessions to hard-hit retailers and businesses. The owner of the...

John Lewis and Waitrose to axe around 1,000 store workers

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The John Lewis Partnership (JLP) has told staff that it is proposing around 1,000 redundancies across its department stores and Waitrose supermarkets. The company said...

Retail Pharmacy Chain DIFARE Renews DemandTec’s Price Solution

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Strengthening their competitive edge while achieving financial targets, DIFARE, a retail pharmacy chain serving Ecuador, is renewing its price science contract with DemandTec for...

Online retail sales slip in June as shoppers return to high street

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Online retail sales slid last month as customer spending was diverted back to the high street following the reopening of stores, according to new...

Save England’s High Street with Shop Out to Help Out scheme

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In a bid to save England’s high street, Refundable is launching a petition to introduce the Shop Out to Help Out scheme, a campaign...

Superdrug profits slide despite ‘essential’ retailer status

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Superdrug has seen profits plunge nearly 80% during the year despite remaining open as an essential retailer throughout the pandemic. The company said pre-tax profits...

Hotel Chocolat to create 250 jobs as online sales soar

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Hotel Chocolat is set to create 250 new jobs this year as part of expansion plans as the boss revealed online sales are expected...

Record quarter for UK retail sales after strong reopening

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Retail sales have surged by record levels over the past three months as shoppers flocked back to stores following the easing of lockdown restrictions,...

Sainsbury’s chairman hails ‘progress’ as he shrugs off takeover talk

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The chairman of Sainsbury’s has shrugged off speculation that the supermarket group could be the latest target of a private equity takeover and hailed...

Asos launches joint venture to sell Topshop clothes in US stores

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Asos has partnered up with US retailer Nordstrom in a new joint venture that will see Topshop clothes sold in physical stores again for...