Purposeful Product Reductions in Retail Business 8 November 2024 Retailers are deliberately reducing product lines, aiming to enhance profitability and operational efficiency. Firms like Hormel and Dollar General are…
Sky Bet Faces Profits Challenge Amidst Inflation and Rising Costs Business 8 November 2024 Sky Bet, a significant part of Flutter Entertainment, recently reported a noticeable decrease in its profit margins. The financial results…
FatFace Reports Loss Following Acquisition by Next Retail 8 November 2024 FatFace experienced a financial downturn following its acquisition by Next.The company reported a pre-tax loss of £3.2m for 35 weeks…
Cost Efficiency as the Ultimate KPI Retail 1 October 2024 In today’s retail landscape, cost efficiency is emerging as a crucial KPI to navigate complex financial challenges.Skyrocketing costs and shifting…
Scrap 5p Fuel Duty Cut as Drivers Miss Out on Savings, Says RAC Business 29 August 2024 The RAC has called for an end to the 5p fuel duty cut introduced in 2022. The organisation claims it…
John Lewis to Restructure Buying & Merchandising Teams Retail 2 August 2024 John Lewis is set to undergo significant changes in its buying and merchandising teams as part of its transformation programme…