Target's Zoom layoff blunder sparks corporate outrage
US retail giant Target faces backlash after conducting mass redundancies via Zoom, with employees discovering their fate through impersonal group video calls in latest corporate misstep.
Category : Search result: retail sector
M&S shares suffer worst day since pandemic
Marks & Spencer shares experienced their sharpest decline since March 2020 after the retail bellwether warned of weaker profits, sending shockwaves through the UK retail sector.
M&S launches major expansion with 20 new stores
Marks & Spencer announces ambitious expansion plan with 20 new stores across the UK, creating over 3,400 jobs and bringing back beloved fashion brands.
Carter's announces UK store closures and layoffs
Popular homeware retailer Carter's confirms sweeping store closures and layoffs across Britain, citing inflation, supply chain issues, and changing consumer habits as key factors.
UK Retail Inflation Crisis: Businesses Demand Budget Help
British retailers warn of persistent inflationary pressures as they urge the Chancellor for decisive action in the upcoming budget to address rising business costs and support struggling high streets.
Tourist tax costs UK hospitality £4.1 billion
New research reveals the devastating £4.1 billion economic impact of the tourist tax on UK hospitality, with businesses urging government action to reverse the decline.
Seasalt to open 30 new UK stores in major expansion
Popular Cornish fashion brand Seasalt is embarking on its biggest retail expansion yet, planning to open 30 new stores across the UK and create 350 jobs as demand for their colourful designs continues to grow.
UK retail sales plummet as consumer confidence hits record low
Britain's retail sector faces unprecedented challenges as sales volumes drop sharply amid rising costs and economic uncertainty, according to latest analysis from EY Item Club.
Target CEO warns of organised retail crime surge
Target's chief executive Brian Cornell reveals escalating organised retail crime is putting staff safety at risk and costing retailers billions annually.
Target Plans Thousands of Job Cuts Amid Stagnant Sales
American retail colossus Target reveals plans to cut thousands of corporate positions in strategic cost-cutting move following disappointing sales performance and changing consumer habits.
Major retailer announces 83 store closures across UK
Another beloved high street name faces significant restructuring as economic pressures force the closure of 83 stores nationwide, putting hundreds of jobs at risk.
Pizza Hut UK collapses: 68 restaurants face closure
The sudden collapse of Pizza Hut's UK operations serves as a dire warning for Britain's struggling hospitality industry, with experts predicting more casualties ahead.
Tesco Extends Dominance as Britain's Retail Giant
Tesco extends its dominance as Britain's largest retailer with strategic price cuts and digital innovation, leaving competitors struggling to keep pace in the fiercely competitive grocery sector.
Government's Secret British Gas & Holland & Barrett Deals Exposed
Exclusive investigation reveals how government departments bypassed competitive tendering to award lucrative contracts to major corporations including Centrica and Holland & Barrett during critical periods.
Armed Raid on Woolworths Sparks UK Retail Crime Alert
Shocking armed robbery at Woolworths store highlights escalating retail crime wave sweeping Britain, with police hunting multiple suspects after dramatic staff confrontation.
Retailers demand Budget rescue for high street crisis
UK retail leaders issue urgent plea to Jeremy Hunt for business rates reform and cost relief as high streets face unprecedented pressure ahead of key budget announcement.
Walmart expands in New York as Macy's closes stores
Retail giant Walmart announces ambitious expansion into New York City, opening new stores and creating hundreds of jobs while challenging established competitors.
Petco announces US store closures in major retail shakeup
Pet retail giant Petco announces significant store closures across the United States, joining growing list of retailers facing challenging market conditions and shifting consumer habits.
23 High Street Stores Face Closure in Latest Retail Blow
Another major blow hits the UK High Street as popular retailer confirms 23 store closures across England and Wales, leaving staff and communities reeling from the latest retail casualties.
UK Economy Stagnates as Construction Output Plummets
Britain's economic recovery hits a wall as construction output plummets 1.9% in April, wiping out service sector gains and raising Budget concerns for the Chancellor.
Retail tax hikes fuel shop price inflation surge
British retailers are implementing significant price increases as business rate rises and other taxes force them to pass costs to consumers, creating fresh inflationary pressure across the UK high street.
Labour unveils pay boost and reform for England's care sector
The Labour government announces transformative plans to tackle England's care crisis with significant pay increases and a new national negotiating body, marking the biggest reform in decades.
Greggs, Co-op and JD Sports close multiple UK stores
Dozens of high street locations face closure as leading retailers including Greggs, Co-op and JD Sports announce restructuring plans affecting communities across Britain.
Build-A-Bear's stunning profit surge defies retail odds
Discover how Build-A-Bear Workshop defied the retail downturn with a savvy digital pivot and experiential offerings, leading to a stunning profit surge and ambitious expansion plans across the UK.
Private sector jobs surge past pre-pandemic peak
Exclusive analysis of ONS figures shows a dramatic jobs market reversal, with private sector employment hitting a record high as the public sector workforce contracts for the ninth consecutive quarter.
Warm Weather Boosts UK Retail Sales by 1.2% in September
Great Britain's retail sector enjoyed a significant boost in September as unseasonably warm weather drove consumers to purchase summer clothing, with sales volumes rising 1.2% according to the Office for National Statistics.
UK's Best & Worst High Streets Revealed
Exclusive research by the Mirror names Westminster as Britain's top shopping destination, while Blackburn faces a stark struggle. Discover the full ranking and what it means for your local high street.
Kmart's Global Takeover: The Aussie Retail Giant's Next Move
The humble Australian discount retailer Kmart is taking the world by storm. Discover how its unique 'hustle' strategy and new Asian mega-store are setting the stage for global retail supremacy, challenging giants like Target and Big W.
M&S Profits Surge 58% in Spectacular Turnaround
Marks & Spencer stages a remarkable financial comeback, with profits surging 58% as its bold 'Never the Same Again' transformation strategy delivers results. Discover how food and clothing sales are driving growth.
Reeves Declares War on 'Antiquated' UK Planning System
New Chancellor Rachel Reeves unveils a radical overhaul of England's planning system, vowing to fast-track 1.5 million new homes and critical infrastructure to kickstart economic growth, despite warnings from retail leaders.
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