JD Sports cuts profit guidance as footwear sales slow in Q2
Group organic sales fell 1.3%, while like-for-like sales dropped 3.1%
Nieuws over Retail
Vers nieuws uit voeding, dranken, persoonlijke verzorging, huishoudelijke verzorging, retail en FMCG-diensten, automatisch bijgewerkt en gelinkt naar de oorspronkelijke uitgever.
Consumer confidence rises to highest level since Iran conflict
BRC-Opinium survey shows economic sentiment climbing to highest point since start of Iran conflict as spending plans jump
Peacocks shuts Pontypool store after more than 20 years
Peacocks has closed its Pontypool store after more than two decades of trading, dealing another blow to the Welsh town’s high street. The brand pulled down the shutters on the…
Radley to shut final stores as it disappears from UK high street
Radley is set to close its final standalone stores as it prepares to disappear from the high street following its administration earlier this year. The accessories retailer’s…
China aims to block European investigation into MediaMarkt acquisition
China is instructing its companies and institutions not to cooperate with the European investigation into the Chinese e-commerce giant JD.com. The Ministry of Justice in Beijing…
Parfetts relaunches original Go Local Extra store in Halifax
Parfetts has relaunched its original Go Local Extra store in Elland, Halifax, following a major refurbishment of the site where the symbol group first launched in 2012. The Spring…
Why Sézane is hitting the brakes: higher quality, new identity
French fashion brand Sézane "is slowing down its growth": Founder Morgane Sézalory wants to launch fewer new products, devote more time to design and materials, and position the…
JD Sports is struggling in the U.S.
The British retailer JD Sports is seeing its revenue continue to decline and expects lower profits, primarily due to weak consumer confidence in the U.S. In Europe, however, the…
Green Dreams - Why Olives’ Future Looks Bright
Given their health credentials, table olives and olive oils may have a bright future, despite changing conditions. Jimmy Nicholls reports.
Lowe’s cuts outlook as DIY spending remains pressured
Growth in Pro, home services and online sales helped the home improvement retailer eke out a 0.2% comp increase.
Poundland Could Face Another Ownership Change A Year After Takeover
Poundland could face a second round of ownership change as Gordon Brothers is reportedly considering a sale of the UK discount chain.
Target’s turnaround gains steam as grocery sales power ahead
The retailer saw a 7.2% year-over-year increase in food and beverage sales during the second quarter, helping to fuel single-digit advances in net and identical-store sales.