Hugh Radojev

London

News Editor at Retail Week

News editor @RetailWeek

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Articles

John Lewis promises to restore staff bonus ‘as soon as possible’

6 days ago | retail-week.com | Hugh Radojev

Source: GettyImages/iStock/JohnFScott John Lewis has promised to restore its famous staff bonus “as soon as possible”, following a campaign by thousands of current and former employees to bring the annual perk back.
Tjeerd Jegen: The globetrotting retail journeyman tasked with turning B&M around

1 week ago | retail-week.com | Hugh Radojev

Tjeerd Jegen: The globetrotting retail journeyman tasked with turning B&M around By Hugh Radojev2025-05-27T14:00:00 Nearly two weeks ago, struggling value giant B&M announced it had appointed Tjeerd Jegen as its next chief executive. Jegen will take up his new role in mid-June, replacing interim chief executive Mike Schmidt who has been handling the role alongside his day-to-day job as the business’ chief financial officer since Alex Russo stepped down suddenly.
Aldi launches virtual work experience programme

1 week ago | retail-week.com | Hugh Radojev

Source: Aldi Aldi has launched a virtual work experience programme designed to support young people explore a career in retail. The free online course is open to those aged 13 and over and is designed to introduce students to the range of career opportunities available in the retail industry – from warehouse and store operations to more office-based roles.
EU accuses Shein of being in ‘breach of law’ over fake discounting

1 week ago | retail-week.com | Hugh Radojev

EU accuses Shein of being in ‘breach of law’ over fake discounting By Hugh Radojev2025-05-27T08:45:00 Fake discounts, pressure selling and other practices on Shein are in breach of the law, the European Union has said. The EU said it has given the Singapore-based fast fashion giant one month to respond to its findings or face fines based on its sales across the bloc where it has breached the law, according to the BBC.
Food inflation climbs as retailers struggle with increased costs

1 week ago | retail-week.com | Hugh Radojev

Food inflation climbs as retailers struggle with increased costs By Hugh Radojev2025-05-26T23:01:00 Food prices jumped for the fourth month in a row, as retailers are now faced with absorbing an additional £5bn in costs from last year’s controversial Budget. Food inflation jumps off the back of the increase in national insurance and living wage contributions.
The Works boss Gavin Peck on new strategies, cyber security and rising crime

2 weeks ago | retail-week.com | Hugh Radojev

On the day that The Works upped its profit guidance off the back of strong trading results, chief executive Gavin Peck spoke to Retail Week about turning the business around, cyber security, and dealing with rising incidents of crime. For the year to May 4, 2025, the retailer upgraded its profit expectations to £9.5m. Total revenues at the retailer for the period were down 2% to £277m, while like-for-like sales were relatively flat at 0.8%, although sales through stores were up 2.3%.
Harvey Nichols to slash jobs as it axes its grocery offering

2 weeks ago | retail-week.com | Hugh Radojev

Harvey Nichols to slash jobs as it axes its grocery offering By Hugh Radojev2025-05-22T14:10:00 As part of a strategic reset, luxury department store Harvey Nichols is axing its grocery and hampers offer, putting 70 roles at risk. The luxury department store is planning on closing down several non-core operations, including its own brand food, hampers, corporate food sales and online food marketplace, according to The Times.
Tesco UK CEO Matthew Barnes steps down to ‘pursue other opportunities’

2 weeks ago | retail-week.com | Hugh Radojev

Tesco UK CEO steps down to ‘pursue other opportunities’ By Hugh Radojev2025-05-22T11:27:00 Tesco has today announced that UK chief executive Matthew Barnes has stepped down from his role to “pursue other opportunities”. Barnes will be replaced by Tesco’s current chief commercial officer Ashwin Prasad from June 30.
Currys upgrades profit guidance as board reinstates dividend

2 weeks ago | retail-week.com | Hugh Radojev

Source: Shutterstock Electricals giant Currys has upgraded its full year profit expectations and its board has said its performance is good enough to warrant resuming the payment of cash dividends. In a trading update issued for the 53-week year ending May 3, 2025, Currys said full year profit before tax was expected to be around £162m—up 37% year-on-year.
JD Sports profits slide due to slower than anticipated market

2 weeks ago | retail-week.com | Hugh Radojev

JD Sports profits slide due to slower than anticipated market By Hugh Radojev2025-05-21T06:29:00 JD Sports has reported a drop in profits due to heavy promotions and slower than anticipated market growth. For the financial year to February 1, 2025, the fashion giant reported a 4% dip in profit before tax to £923m and a 0.3% dip in operating profit to £937m.