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Morrisons has posted a drop in full year pre-tax profit although its EBITDA came in at the top end of guidance given in its third quarter. In the year to 30 October, adjusted EDBITDA was down 15% to £828 million, but grew by 26% in the supermarket’s fourth quarter. Morrisons increased its...

VIA Outlets has celebrated a “record-breaking” 2022 when total brand sales surpassed €1.2 billion across more than 1,100 stores in 11 destinations in nine European countries. The company grew its brand sales by 3% on pre-pandemic levels three years ago while increasing visitor expenditure by 27%. VIA Outlets said it benefited from...

Zara owner Inditex has announced that it is to double its number of employees with disabilities worldwide within two years. This will include boosting the inclusion of people with differing abilities across its stores, logistics platforms, warehouses and offices and  could mean that 1,500 people with some form of disability will...

Sainsbury’s has launched a temporary overnight drive-through that will provide free hot and healthy meals from its new Flourish health range.  Running for three nights only from 25  to 27 January, the initiative is aimed at shift workers who may find it difficult to maintain healthy eating habits. Sainsbury’s said its research...

In an effort to help customers, health and beauty retailer Boots have increased the ‘Boots Everday’ essentials range. The ‘Boots Everyday’ label was created to help customers easily find the lowest priced essential products. It has now been expanded to include a further 60 health and beauty lines, priced between 50p...

New figures have shown there was a “slow but steady” post-pandemic recovery for UK retail destinations in 2022. The gap with pre-pandemic footfall remained significant with UK footfall down 14.2% across the year, but this was an improvement from the -20.8% figure recorded in January 2022. The data from retail specialist Springboard...

Capri Holdings has announced that Cedric Wilmotte is to become chief executive of the Michael Kors luxury fashion brand. Due to take up his role on 3 April, Wilmotte was interim chief executive of Versace from January to September 2022 and is currently Versace’s chief operating officer. Prior to this, he led...

London’s Covent Garden has unveiled a new creative campaign in partnership with Brighton-based digital designer and illustrator Lois Lillian. Through Covent Garden in Colour, Lillian has transformed the area with a series of vibrant large-scale vinyl artworks across the shopping district. The artwork has been positioned across landmark sites including the historic...

Pharmacy chains, including Boots, have stepped in to offer roles to pharmacy staff affected by the news that Lloydspharmacy is to withdraw from its Sainsbury’s in-store operations. Boots has welcomed job applications from LloydsPharmacy staff impacted by the news of closure of all its branches (237) located in Sainsbury’s before the...

Furniture retailer Wayfair has announced plans to cut around 1,750 jobs, or 10% of its global workforce, as it looks to reorganise its business and become more agile. Forming part of the company’s $1.4 billion cost cutting drive announced in August, the cuts will include 1,200 corporate roles to help eliminate...