Tag #Uk Retail

Showing 1 to 12 of 12 results

bbc.com
🌐 85% Global Worthiness
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M&S confirms data breach following cyberattack

Marks & Spencer suffered a cyberattack three weeks ago resulting in the theft of some customer data, including contact details and order histories, though not payment information; online services remain suspended while M&S investigates.

Progress

36% Bias Score

No Poverty
dailymail.co.uk
🌐 85% Global Worthiness
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M&S Cyberattack: Suspected Youth Gang Targets UK Retailers

A cyberattack on Marks & Spencer (M&S), suspected to be linked to the Scattered Spider youth gang, caused major system disruptions for 11 days, impacting operations and raising concerns about other UK retailers being targeted. The gang, allegedly involving 1000 British and American youths, has also ...

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
forbes.com
🌐 85% Global Worthiness
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Social Media Drives £100 Million Turnover for UK Beauty Brand

UK beauty brand P.Louise Cosmetics, launched on social media, is projected to achieve £100 million turnover this year, demonstrating the growing power of social commerce and community engagement in the UK retail sector.

Progress

56% Bias Score

Decent Work and Economic Growth
thetimes.com
🌐 75% Global Worthiness
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Sainsbury's Profitability Rises Amidst Looming Price War

Sainsbury's, under CEO Simon Roberts, has significantly increased its market share and profitability over the past five years, focusing on food retail and efficiency gains; however, increased competition and rising costs present challenges.

Progress

44% Bias Score

No Poverty
theguardian.com
🌐 75% Global Worthiness
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UK Retailer Distress Soars 25% in Q4 2023

The number of UK retailers in critical financial distress jumped 25% to 2,124 in Q4 2023 due to rising costs and weak consumer confidence, particularly impacting general retail (29% increase) and food and drug retail (17.2% increase), although the overall number is down year-on-year.

Progress

44% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 65% Global Worthiness
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UK Boxing Day Footfall Down 8.9% Amidst Shifting Consumer Behavior

UK Boxing Day retail footfall decreased by 8.9% compared to 2023, with high streets experiencing the steepest decline at 10.9%, attributed to the cost of living crisis and a shift towards online shopping, despite an overall expected spending of £3.7 billion.

Progress

32% Bias Score

Responsible Consumption and Production
bbc.com
🌐 90% Global Worthiness
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Co-op Data Breach: Millions of Members' Details Stolen

Hackers calling themselves DragonForce infiltrated the Co-op Group's IT systems, stealing data from 20 million members (unconfirmed by Co-op), including names, addresses, and membership card numbers, prompting a government warning about cybersecurity.

Progress

40% Bias Score

Peace, Justice, and Strong Institutions
bbc.com
🌐 85% Global Worthiness
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M&S Cyberattack: £500M Share Value Lost, Online Orders Halted

A ransomware attack on Marks & Spencer has caused a week-long pause in online orders, stock shortages in some stores, a 6.5% drop in share price, and an estimated £3.8 million in daily lost online sales; the Metropolitan Police is investigating.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Next Tops £1 Billion in Profit, Despite UK Economic Headwinds

Next, Britain's largest clothing retailer, reported pre-tax profits of £1.01 billion for the year ending January 2025, a 10.1% increase driven by strong online sales and acquisitions, despite upcoming tax increases impacting consumer spending.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Poundland Sale Mooted Amidst UK Retail Struggles

Pepco Group, Poundland's owner, is considering selling the struggling UK discount chain due to tough trading conditions and rising costs from upcoming tax increases, with annual earnings expected between €50m and €70m and sales in negative territory for January and February 2024.

Progress

36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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Boxing Day 2024: High Street Suffers Significant Footfall Drop

UK high street footfall on Boxing Day 2024 decreased by 10.2%, and shopping centres saw a 13.9% drop compared to 2023, highlighting the continued dominance of online shopping and the impact of rising costs and "promotion fatigue".

Progress

56% Bias Score

Responsible Consumption and Production
bbc.com
🌐 35% Global Worthiness
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Lidl Returns to Profit, Middle Aisle a Hit with Men

Lidl, a UK supermarket chain, has reported a return to profit, driven by strong sales growth and the surprising popularity of its middle aisle among male shoppers. However, the company anticipates cost increases due to recent budget measures.

Progress

24% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 12 results