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JD Sports has posted a record result for its first half with pre-tax profit before exceptional items coming in at £439.5 million compared to £61.9 million in 2019 and £158.6 million two years ago. The sportswear retailer saw a significant contribution from the US where aggregate pre-tax profit before exceptional items...

Claire’s, the ear piercing and accessories specialist, has launched its first loyalty scheme offering benefits such as points, free shipping and birthday surprises. The retailer which operates fully owned and concession stores in 17 countries throughout North America and Europe and franchises stores in a further 28 countries, revealed the details...

Asda is to appoint 150 specialist greengrocers in stores across the UK as part of a £9 million investment in its fresh fruit and vegetables offering. The supermarket expects the new roles to be filled by a combination of existing staff and new hires. Based on the shop floor, the greengrocers will...

Christmas has come early at Central England Co-op as it brings forward the date for selling mince pies in its stores. The retailer has rolled out the products following customer enquiries in-store and via social media on when the festive snacks would hit the shelves. Central England Co-op usually begins stocking mince...

Sainsbury’s is to acquire the freehold interest of 13 stores it already occupies. The news was announced by Supermarket Income REIT in an update relating to its 50:50 joint venture with British Airways Pension Trustees. The joint venture has a 51% beneficial interest in the Sainsbury’s reversion portfolio, which consists of 26...

Screwfix, part of Kingfisher plc, has launched a recruitment drive to find hundreds of employees for its new distribution centre sites at Prologis Park in Stafford and at Fradley Park near Lichfield. The business which works in partnership with Wincanton comes on the back of an online sales rise of 146...

Costa Coffee has boosted pay by 5 per cent and announced 2000 job vacancies as staff shortages hit the hospitality sector. The UK’s hospitality industry is experiencing rising worker shortages, with job vacancies at their highest levels since records began. As the industry competes for fewer staff, businesses will be facing...

Ikea has entered into an agreement to purchase 214 Oxford Street for £385m. The Grade II listed building was formerly home to the flagship store of the Sir Philip Green’s Arcadia empire, Topshop, measuring 100,000 sq ft. Ikea said last year it had drawn up a list of 40 major cities around...

Morrisons has seen its pre-tax profit before exceptionals fall by 37% to £105 million in the first half of its financial year after the supermarket faced a number of challenges relating to Covid-19 costs and supply chain disruption. In the six months to 1 August, total revenue rose by 3.7% to...

The Federation of Independent Retailers has warned that some local stores could be forced out of business due to the combination of a rise in  National Insurance contributions and the national minimum wage. The increase in the national minimum wage is set to be announced by the government this autumn and...