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The John Lewis Partnership may be reinstating its staff bonus this year after a leaked memo revealed that the owner of the John Lewis department store and Waitrose supermarket chain has exceeded its £100 million annual profit target. According to a report in The Mail on Sunday, the partnership’s profit has...

Monica Vinader, the demi-fine luxury jewellery brand, has posted its best annual sales to date following a strong performance from its online business. In the year to 31 July 2021, the company saw its sales rise by 25% to £57 million and its EBITDA increase to £7.3 million from a previous ...

Waitrose is expanding its partnership with Deliveroo through the trial of the Deliveroo Hop rapid delivery service. Launched in September 2021, the service aims to deliver groceries to customers’ doors in as little as ten minutes. The first ‘Hop’ delivery-only store will open in partnership with Waitrose in London’s Bermondsey later this...

The Urban Outfitters group has posted a record $1.33 billion of sales in its fourth quarter to mark an increase of 13.9% on pre-pandemic levels two years ago. The owner of the Urban Outfitters, Anthropologie and Free People brands said comparable retail sales climbed by 14% in the three month period...

Poundland is to  open its biggest UK store to date at Nottingham Retail Park this weekend. Spanning 15,000 square feet, the shop is over twice the size of a typical Poundland store and will offer the discount retailer’s widest range of products yet including PEP&CO clothing and homewares. More than a third...

Watches of Switzerland Group has grown its third quarter revenue by 27.9% year-on-year to £348.1 million after it benefited from strong demand for luxury items in the UK and US. On a two-year basis, group sales were up 36.5%. In the 13 weeks to 30 January, sales of luxury watches from brands...

Pandora has recorded record revenue in its fourth quarter results, driving its share price up on Wednesday morning. The charm-bracelet manufacturer reported full year organic growth of 23 per cent compared to 2020, exceeding guidance. Its earnings before interest and tax margin grew 25 per cent, also higher than anticipated. Sales were driven...

Wilko has announced that it is to welcome dogs and cats in-store at 248 of its locations. The move follows a successful trial in two stores, although shoppers will be asked to keep their pets on leads and the animals will not be allowed to enter any food aisles. Shops accepting pets...

UK retail sales rose by 11.9% on a total basis in January against a decline of 1.3% in the same month a year ago as retailers experienced strong demand for furniture and homewares. According to figures from the British Retail Consortium, sales were up 7.5% compared to the same month in...

Primark confirm new cafe and clothing range launching with pasty specialist Greggs. Fashion mannequins at several Primark stores were mysteriously spotted with vegan sausage rolls and steak bakes as part of window and in-store displays in a nod to the collaboration, while items from the Greggs menu also appeared on Primark’s...