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Retail

  • MPs: Boohoo warehouse mistreatment reports ‘wake-up call’ for ministers

    November 23, 2022

    MPs have dubbed reports of worker mistreatment at a Boohoo warehouse as a “wake-up call”. The fast fashion firm said a report in The Times newspaper was not reflective of the working conditions at its Burnley warehouse. After a reporter spent a month working at the site this summer, the newspaper claimed there were “gruelling [...]

  • Boohoo accused of sexism for Ronaldo tweet saying ‘girlies’ have ‘no need’ to watch football

    November 23, 2022

    Boohoo has been accused of sexism for a tweet saying women have “no need” to watch football after Cristiano Ronaldo’s departure from Man United. The fashion brand’s social media post led to a furious reaction, with users saying the tone was “patronising”, while another accusing them of sexism. This comes after the England Women’s football [...]

  • Ex JD Sports’ boss Peter Cowgill makes retail return with top job at The Fragrance Shop

    November 23, 2022

    Former head of JD Sports Peter Cowgill has been named by online perfume seller The Fragrance Shop as its new chairman. Cowgill departed the sneaker seller earlier this year after a slew of controversies, following decades at the helm of the retailer. He is to take on the job of non-executive chairman immediately, as the [...]

  • Simpson’s Tavern raises £100k in crowd-fund amid ‘fight to preserve history’

    November 23, 2022

    The Simpson’s Tavern has raised £100,000 from public donations, amid a battle to save the City chophouse. Simpson’s, known as a City institution, was served with a winding up petition as a result of rent arrears accrued during the pandemic. Its general manager Benjamin Duggan launched a fund-raising campaign in a bid to save the [...]

  • Halfords focusing on offering shoppers more essentials as they slash discretionary spending

    November 23, 2022

    Halfords must transform into offering more essential products as shoppers trim back discretionary purchases, bosses said on Wednesday morning. The cycling specialist said that a switch-up to selling more “needs-based” items was key as the firm must become less “reliant and exposed to the volatility of more discretionary product markets.” It warned it was expecting [...]

  • Pets At Home: Animal ownership ‘not just Covid trend’ as profit slips

    November 23, 2022

    The chief of Pets At Home has said pet owners are keen to treat their animals still, as the FTSE 250 firm posts subdued profit before tax. In interim results, the London-listed business posted underlying profit before tax of £59.2m, some 9.3 per cent below its previous half-year sum of £65.3m. Profit slipped due to [...]

  • Shoppers set to fork out more than last year on Black Friday buys

    November 23, 2022

    Shoppers are set to splash more cash on Black Friday purchases this year, despite cost of living pressures. Consumers will fork out seven per cent more for the shopping occasion, which falls amid a rare winter World Cup tournament, estimates from Nationwide have revealed. The building society forecast that its members would spend more than [...]

  • New Bond St second priciest shopping street in Europe as West End hopes for Christmas rebound

    November 23, 2022

    New Bond St has been dubbed as the second most expensive shopping street in Europe, missing out the top spot to Milan’s Via Montenapoleone. The new rankings from real estate services firm Cushman & Wakefield show a robust landscape for retail real estate, despite a torrid few years due to Covid. New Bond St boasts [...]

  • Rail strike action will hit those Lynch claims to care about the hardest

    November 22, 2022

    In days past, newspapers had a tried-and-tested way of covering rail strikes. The key element was the photo spread of suit-and-tie workers in unusual situations – perhaps one had got the boat in for the first time, or cycled in on their child’s bike. Combine that with a few snaps of Wimbledon-esque queues to get [...]

  • Cost of living crisis shocks AO World as electrical retailer’s losses swell

    November 22, 2022

    Electricals retailer AO World has been shaken by the cost of living crisis sweeping the UK in recent months, as its revenue plunges and losses take hold. The London-listed company had already rolled out a streamlining operation, including shutting up shop in Germany, in a bid to slash overheads and shield revenue from rising inflation [...]

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