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Latest Finance News related to Independent Retailer

Tesco faces in-depth investigation into £3.7bn Booker takeover image
Source : Guardian [Read Article] Wednesday 12th of July 2017 08:31:46 AM
....A spokesperson for Tesco said: “We are pleased the CMA has accepted our fast-track request, and we look forward to continuing our engagement over the coming months. “This merger has always been about growth, and we remain convinced that it will bring benefits for consumers, independent retailers, caterers, small businesses, suppliers and colleagues. ...
Sainsbury's poised to buy Nisa in response to Tesco swoop on Booker image
Source : Guardian [Read Article] Saturday 17th of June 2017 12:35:00 PM
.... Some suggest it could form the basis of the supermarket’s proposed franchise network. Sainsbury’s said last month that it was considering offering franchise deals to independent retailers because it was struggling to find suitable convenience stores. ...
Electric bikes help power cycle sales at Halfords image
Source : Guardian [Read Article] Thursday 25th of May 2017 05:38:37 PM
.... Nearly all bikes are bought in dollars. McDonald said prices for premium bikes sold at independent retailers had risen by as much as 15%, while most mainstream operators had increased prices by 4% to 5%. ...
Sainsbury's weighs up franchise deals to boost Local network image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 05:08:00 PM
. Sainsbury’s is considering expanding its convenience store chain by offering franchise deals to independent retailers as it struggles to find suitable new sites. ...
Lunch-hour hacks image
Source : BBC [Read Article] Tuesday 25th of April 2017 12:00:52 AM
....99 a month. Once you've planned your meal, you could order the ingredients from independent retailers using a locally focused app such as Epicery. ...
Petrol price war sparked as supermarket SLASHES fuel costs amid tumbling oil prices image
....Asda is cutting petrol prices by 2p a litre from tomorrow and more supermarkets are expected to follow suit in the coming days. But to get the cheapest prices, motorists have been urged to look at independent retailers, rather than the big name forecourts. ...
Southwold: welcome to the town where business rates are set to rise 177% image
.... The money that goes into the big brands goes straight out,” Windell said. As a result of the town’s campaigning, Coffey met the chancellor in February to raise the issue on behalf of Southwold’s independent retailers; the intervention has had some impact but not enough to resolve the problem. ...
Waterstones under fire for secret shops image
Source : BBC [Read Article] Monday 27th of February 2017 12:19:33 PM
....He said that all three of the shops in question were on small High Streets that did not have an independent book store. "We're coming into quite sensitive High Streets, ones predominantly with independent retailers on them, and we wish to behave as they do," he said. ...
Waterstones chief defends decision to open unbranded stores image
Source : Guardian [Read Article] Monday 27th of February 2017 09:50:38 AM
....“We can’t open up great big Waterstones here but we can open up small ones. We are coming into quite sensitive high streets with predominantly independent retailers on them and we wish to behave as they do. ...
Ministers expected to soften impact of business rate changes image
Source : Guardian [Read Article] Tuesday 21st of February 2017 09:03:22 PM
....“But lots of small businesses are perfectly viable; they just can’t find half their rent again in business rates before all the other expenses. The business rates system probably worked fine in the late 20th century but it is out of date if multinationals like Amazon see their rates bill fall while small independent retailers see theirs rise. ...
Business rates row: senior ministers write to Tory MPs to head off revolt image
Source : Guardian [Read Article] Monday 20th of February 2017 09:31:59 AM
.... I think my own central London constituency probably is, in fairness, one of the minority of areas that lose out. “But it will lose out and that particularly applies to small, independent retailers and the hospitality operators. ...
Organic food sales soar as shoppers put quality before price image
Source : Guardian [Read Article] Sunday 19th of February 2017 07:00:02 AM
....9% in the same period. The association said independent retailers and home delivery box scheme companies had helped boost organic sales. ...
The high street is already under threat and now this... | Lucy Siegle image
Source : Guardian [Read Article] Sunday 5th of February 2017 12:05:44 AM
.... For a time, you even fool yourself that you can earn a living. But the truth is the high street can’t really provide a sustainable livelihood for independent retailers who are disproportionately fined for being independent at every turn. ...
War of convenience as supermarket chains take on small stores image
Source : Guardian [Read Article] Saturday 4th of February 2017 04:00:33 PM
.... Critics of the deal worry about the potential for Tesco to become the dominant force in convenience retailing in some postcodes, while others point to the “significant” market share the enlarged business will have in some branded grocery categories. “I’ve taken a lot of calls from independent retailers and retailers in our network who are concerned by this,” says Darcy Willson-Rymer, who runs symbol group Costcutter, which has more than 2,600 members. ...
Booker Tesco deal has hedge funds in a funk image
Source : Guardian [Read Article] Sunday 29th of January 2017 07:00:17 AM
....7bn deal, which was unveiled on Friday, will supposedly create the UK’s leading food business in a £195bn market. The companies claim that will “bring benefits for consumers, independent retailers, caterers, small businesses, suppliers, and colleagues, as well as delivering significant value to shareholders”. ...
Tesco to buy Budgens and Londis owner Booker in £3.7bn deal image
Source : Guardian [Read Article] Friday 27th of January 2017 07:18:45 AM
....Lewis and Wilson batted away suggestions the Competition and Markets Authority would be wary of a deal that reinforces Tesco’s dominant position in UK retail. “We are a wholesaler rather than a retailer,” said Wilson, while Lewis highlighted that it was not acquiring convenience stores as the outlets served by Booker are owned by independent retailers. ...
Morrisons to revive Safeway brand name image
Source : BBC [Read Article] Tuesday 22nd of November 2016 01:44:18 PM
. The supermarket chain Morrisons is to revive the Safeway name for some of the food it makes for independent retailers. ...
Model train prices are rising because of pound's devaluation image
Source : BBC [Read Article] Monday 24th of October 2016 11:14:15 PM
...."It reflects higher input costs as we source in US dollars," the spokesman explained. "But it's part of a package of changes to our trading terms with independent retailers, which will help them in other respects," he added. ...
Wharf fare image
Source : BBC [Read Article] Tuesday 9th of August 2016 11:29:26 PM
.... And the anchor tenant on the corner is not a multiple supermarket, but a Bristol outfit called Better Food. The owner has decided to let every shop and cafe to local independent retailers. ...
Post Office to move up to 61 branches to WH Smith image
Source : Guardian [Read Article] Wednesday 13th of April 2016 01:42:45 PM
.... It is also opening its own stores in Spain and Germany. WH Smith is also seeking to expand on the high street by persuading independent retailers to sign franchise agreements. ...
UK regulator wants European commission to block Three-O2 deal image
Source : Guardian [Read Article] Monday 11th of April 2016 07:51:58 AM
....Chisholm’s letter reinforces the UK authorities’ unhappiness about the takeover, which would give Hutchison, owned by Hong Kong’s richest man, Li Ka-shing, about 40% of UK mobile phone users with more than 30 million customers. Sharon White, the chief executive of the communications regulator Ofcom, wrote to the commission earlier this year arguing the deal could mean higher prices, reduced competition between network providers and the big operators having too much power over independent retailers. ...
Retailers will have to find £3bn more a year for 'national living wage' image
Source : Guardian [Read Article] Thursday 31st of March 2016 01:55:50 PM
....Major retailers say the changes are necessary as they are face a “lethal cocktail” of cost increases from higher business rates, the apprenticeship levy – which comes into force next year – and the national living wage. Smaller independent retailers say the new wage rates will hit them disproportionately. ...
Organic consumers avoiding processed and red meat, sales show image
Source : Guardian [Read Article] Tuesday 23rd of February 2016 03:12:24 PM
....Related: Organic meat and milk could offer health benefits, study suggests. A decade ago, supermarkets boasted around 80% of organic sales, but they now have less than 70% - equivalent to a £200m sales switch which have boosted independent retailers such as Planet Organic and As Nature Intended, which both opened major new stores last year. ...
Why angel investors shouldn’t be lone wolves image
Source : Telegraph [Read Article] Monday 15th of February 2016 06:52:17 PM
.... . A number of companies are coming back to crowdfunding for follow-on fundraising: Droplet, a loyalty platform for independent retailers, secured £575,000 on Crowdcube last year and is now back to raise a further £450,000. ...
Ofcom chief warns on O2 and Three merger image
Source : Guardian [Read Article] Monday 1st of February 2016 07:56:40 AM
....White, writing in the Financial Times, said the merger would mean the new company would control two in every five mobile connections and reduce the number of networks to three, the others being EE and Vodafone. She added the regulator’s main concerns were threefold: higher prices for consumers and businesses, disruption to the existing UK network arrangement and a “shift in the balance of power” between operators and independent retailers. ...
Moving to the country? Britain's liveliest and most idyllic winter villages  image
.... The foodie town of Narberth hosts a not-for-profit food festival and has excellent eateries including Spanish Ultracomida and Caffle Brewery. The charming high street of multicoloured Edwardian and Georgian houses is interspersed with boutiques, antique shops and independent retailers selling locally-sourced meat and fish. ...
Moving to the country? Britain's liveliest and most idyllic winter villages  image
.... The foodie town of Narberth hosts a not-for-profit food festival and has excellent eateries including Spanish Ultracomida and Caffle Brewery. The charming high street of multicoloured Edwardian and Georgian houses is interspersed with boutiques, antique shops and independent retailers selling locally-sourced meat and fish. ...
New 'no spill' cup invented by British engineers saves commuters from burns and stains image
...." . The £20 cup is currently available to buy online through the company's own website, and through independent retailers across the UK, but the majority of orders to date have come from China, Korea and Taiwan. ...
UK flooding: cost of damage to top £5bn but many homes and businesses underinsured  image
.... "We have a very active independent business community here," said volunteer and small business owner Steve Houghton-Burnett. "Our high street is full of independent retailers, there is no Starbucks or McDonalds. ...
Andy Clarke determined not to shelve his five-year plan for Asda image
Source : Guardian [Read Article] Friday 18th of December 2015 07:17:31 PM
....That includes installing larger fresh food areas and colourful ideas such as McGees, an independent butcher, which is already in many Asda stores in Northern Ireland and has now moved into Scotland and England. After years when the big supermarkets put many small independent retailers out of business, Clarke says he is talking to more independents about taking excess space in Asda stores. ...
Could online apps help save indie bookshops? image
Source : Guardian [Read Article] Tuesday 8th of December 2015 07:00:31 AM
.... Julie Howkins from Hive – an initiative which aims to support local booksellers – says many business owners refuse to go online because they don’t want to engage in a discount war with e-tailers and supermarkets that they simply can’t win. Founded by book wholesaler Gardners in 2011, Hive gives a percentage of every sale made on its website back to its network of more than 300 independent retailers. ...
High Street shops 'face rates shake-up' image
Source : BBC [Read Article] Monday 7th of December 2015 12:02:50 AM
.... . "The business rates losers are found only in London and the South East and it could turn highly profitable stores, including independent retailers, into failing businesses," said John Webber, ratings expert at Colliers International. ...
Stay local – and freshen up your supply chain image
Source : Guardian [Read Article] Friday 4th of December 2015 08:15:20 AM
....”. That sense of community and close relationship between independent retailers and the consumer in Bristol means that people are more open to innovations like the YourStreet card, said Perez. ...
Small Business Saturday will be bigger than ever for local stores image
Source : Telegraph [Read Article] Friday 4th of December 2015 05:15:40 AM
.... . Last year, shoppers spent £504m with small and independent retailers on the day, up 8pc on 2013. ...
Giraffe losses add to Tesco woes image
Source : Guardian [Read Article] Wednesday 2nd of December 2015 07:46:21 PM
....2m at One Stop Stores, the company’s convenience stores chain, in the 53 weeks to 28 February as it invested in setting up a franchise operation. The franchise business made a loss of £3m over the year when 75 independent retailers decided to put the One Stop name above the door. ...
Spar boss brings in Subway and Greggs to snatch grocery spend from retail giants image
.... . It also sells grocery products to 20,000 other independent retailers through its cash & carry and wholesale companies. ...
A Christmas shopping survival guide for small business owners image
Source : Guardian [Read Article] Tuesday 17th of November 2015 07:20:03 AM
....Carols, mince pies, fairy lights and shiny wrapping paper – for many people Christmas is one of the most wonderful times of the year. But for the independent retailers, many of whom rely on festive season spending for as much of half of their annual sales, Christmas has an entirely different ring to it. ...
How little Leamington became a global player in gaming image
Source : Guardian [Read Article] Thursday 12th of November 2015 07:00:03 AM
....Warwick District Council, Warwickshire County Council and the Coventry and Warwickshire Local Enterprise Partnership have all realised the importance of gaming. The rise of a thriving creative sector, especially in a town known for its independent retailers, is good for attracting younger people and retaining graduates. ...
City News: Waitrose, Whitbread, McColls image
Source : Daily Express [Read Article] Tuesday 20th of October 2015 06:27:00 PM
....McColl’s Retail Group is to sell 100 of its less profitable newsagents as the retailer continues its switch to convenience stores. As the firm is looking to offload the stores to independent retailers, it is not yet clear whether any jobs will be at risk. ...
Retailer McColl's to offload 100 newsagents image
Source : Guardian [Read Article] Tuesday 20th of October 2015 07:27:49 AM
....McColl’s Retail Group has announced plans to sell 100 of its less profitable newsagents as the retailer continues its switch to convenience stores. As the firm is looking to offload the stores to independent retailers, it is not yet clear whether any jobs will be at risk. ...
New 5p carrier bag tax comes into force: when do you need to pay? image
Source : Telegraph [Read Article] Friday 2nd of October 2015 05:34:00 PM
.... . But while supermarket chains are being forced to charge their customers, keeping the proceeds, small independent retailers will be exempt. ...
Booker given green light for Budgens and Londis deal  image
Source : Telegraph [Read Article] Thursday 3rd of September 2015 06:52:43 AM
.... Charles Wilson, chief executive of Booker Group, said: "We are pleased that the acquisition of Londis and Budgens has been cleared by the CMA. This will help strengthen our support for independent retailers throughout Great Britain. ...
Coalition selling out small business to 'big end of town', say lobbyists image
Source : Guardian [Read Article] Tuesday 1st of September 2015 08:55:34 AM
.... The BCA says this would significantly widen activities that might be caught by the act. The changes are vigorously supported by small business and the Australian Chamber of Commerce and Industry, independent retailers and the National Farmers’ Federation. ...
Bruce Billson embroiled in cabinet split over tougher competition laws image
Source : Guardian [Read Article] Tuesday 1st of September 2015 01:08:01 AM
.... The BCA says this would significantly widen activities that might be caught by the act. But the changes are vigorously supported by small business and the Australian Chamber of Commerce and Industry, independent retailers and the National Farmers’ Federation. ...
Convenience stores turn the corner image
Source : Guardian [Read Article] Saturday 22nd of August 2015 02:59:15 PM
Fuel prices set to fall below £1 A LITRE image
Source : Daily Express [Read Article] Saturday 22nd of August 2015 09:20:00 AM
....He added: "The heat has really been taken out of the cost of motoring this summer, with the big four supermarkets now selling unleaded and diesel for considerably less than in recent months. "Drivers should be noticing cheaper fuel across the UK, with some independent retailers also proving to be fiercely competitive. ...
Fuel set to fall below £1 a litre image
Source : Daily Express [Read Article] Friday 21st of August 2015 06:44:00 PM
....He added: “The heat has really been taken out of the cost of motoring this summer, with the big four supermarkets now selling unleaded and diesel for considerably less than in recent months. “Drivers should be noticing cheaper fuel across the UK, with some independent retailers also proving to be fiercely competitive when it comes to price. ...
Petrol prices may drop below £1 a litre as Britain's biggets retailers cut prices image
.... . "Drivers should be noticing cheaper fuel across the UK, with some independent retailers also proving to be fiercely competitive when it comes to price. ...
The fairytale start-up helping children's imaginations run wild image
Source : Telegraph [Read Article] Monday 17th of August 2015 04:11:59 PM
.... . Alongside the Smyth’s Toy Superstores deal, the doors are sold through 140 independent retailers across the UK. ...
The one chart that shows why the Government wants to keep shops open longer on Sundays image
.... James Lowman, chief executive of the ACS, said that smaller stores will suffer as consumers make use of longer trading hours at bigger stores, which could put some shops out of business. “By pressing on with this unpopular and unnecessary measure, the Government has turned its back on thousands of independent retailers, many of which will now be under threat of becoming unprofitable if changes to Sunday trading laws are made in their area,” Lowman said. ...
Why small retailers shouldn't rush to adopt Apple Pay image
Source : Guardian [Read Article] Friday 31st of July 2015 06:15:14 AM
....Apple Pay’s UK launch generated a lot of buzz for the 250,000 retailers and the banks who would support it. But little, if anything, was said about how this new payment option will impact smaller independent retailers – nor how they might use the technology to drive growth. ...
Small Talk: Equity crowdfunding has seen big success but it shouldn't be part of the Isa regime image
....“That took some doing – for example, it was very hard to find a supplier of natural extracts who would sell us the small quantities we need at this stage, but our work has paid off; we launched three different flavours three months ago and the reception has been enthusiastic. “So far, we’re available in a number of independent retailers, including whole foods, but also in gyms and via certain corporate caterers. ...
Lord Young: Now is the best time to start a small business image
Source : Guardian [Read Article] Friday 17th of July 2015 03:13:41 PM
.... “This campaign is a fantastic way to celebrate the diversity of our small firms, from high-tech manufacturers and graphic designers, to childminders, shops and local restaurants,” she said. Related: Small Business Saturday – the independent retailers' Black Friday?. ...
Amazon Prime Day: shoppers buy 398 items every second image
Source : Telegraph [Read Article] Thursday 16th of July 2015 06:54:31 PM
.... Amazon chief executive Jeff Bezos . The event also received positive reviews from some of the independent retailers who use Amazon's Fulfillment service, which allows companies to send and store their products at an Amazon warehouse, where future orders will be sent from. ...
Britain's independent retailers experiencing sales 'roller coaster' image
Source : Telegraph [Read Article] Wednesday 15th of July 2015 05:09:57 PM
. Small businesses are experiencing their most volatile retail sales in more than two decades, as a mixture of slow economic growth, disruptive weather and changes to government policy puts strain on independent retailers struggling to compete with larger stores. ...
Independents' Day – a time to celebrate local businesses image
Source : Guardian [Read Article] Friday 3rd of July 2015 03:05:24 PM
.... There’s going to be a surprise giveaway on the day too. We’re surrounded by dozens of independent retailers and we’ve been working together to make Independents’ Day a success – we’ve been distributing leaflets and putting posters up about the day across the town. ...
John Lewis is UK's biggest mutual after Co-op falls from top spot image
Source : Telegraph [Read Article] Wednesday 24th of June 2015 04:30:49 AM
Source : Independent [Read Article] Sunday 21st of June 2015 11:11:55 PM
.... Our friends thought we were crazy, but we moved back to Devon, where my parents are based, and got involved with running the company. “Since then, the business has taken off – we’re sold in Waitrose, Whole Foods, Harvey Nichols and independent retailers. ...
Indie revival: high street bookshops upbeat about next chapter in story image
....“I think people are beginning to realise we are providing some kind of service … and join the dots,” she says. Household names such as Woolworths, HMV and Borders may have vanished from the British high street, but independent retailers have actually increased their presence. ...
Happy birthday: why three is a magic number for entrepreneurs image
Source : Guardian [Read Article] Thursday 11th of June 2015 10:40:59 AM
....In March this year, I moved into a large workshop and showroom in Long Eaton, Derbyshire, the heart of the upholstery trade, which will allow me to open up my space to the public so I can increase my offline sales. I have also started to supply to some small UK independent retailers and I am working with the government body UK Trade & Investment to help export my furniture to overseas retailers. ...
The innovators: the Bristol pound is giving sterling a run for its money image
....By using his local currency, the Bristol pound, he saw companies were more willing to give their business to him and keep money flowing in the area. Launched almost three years ago, the community currency aims to keep money circulating among independent retailers and firms by encouraging people to use the local ‘cash’ instead of sterling, an idea that has inspired other towns and cities to take up similar schemes in the UK and abroad. ...
Source : Independent [Read Article] Friday 29th of May 2015 07:00:00 PM
.... But it was a £40m cash takeover deal that captured the headlines: it is buying the Londis and Budgens brands. Londis supplies more than 1,600 independent retailers, which should fit in with Booker's existing Premier chain of 3,082 shops, and Budgens is a 167-strong franchise business. ...
Booker to buy Londis and Budgens chains for £40m image
Source : Guardian [Read Article] Thursday 21st of May 2015 08:07:37 AM
....The UK’s largest cash and carry chain is to buy Londis and Budgens in a £40m deal. Booker, which operates more than 172 wholesale outlets and supplies more than 129,000 independent retailers, will acquire the supermarket brands in the UK from the Irish food wholesaler Musgrave Group. ...
Historic glove maker Dents on why there's still demand for luxury British goods image
.... . More than 30pc of its sales come from overseas, while in the UK its products are stocked in department stores including House of Fraser, Harrods and Selfridges, as well as many independent retailers. ...
The pop-up shops preventing a village from becoming 'dead' zone image
Source : Telegraph [Read Article] Friday 10th of April 2015 04:00:27 AM
.... “You walk down a high street and it’s all the same shops. By inviting these small artisans and independent retailers, we’re giving people something different. ...
Can the high street survive without large chains? image
Source : Telegraph [Read Article] Saturday 14th of March 2015 02:30:06 PM
.... . “There are some vociferous independent retailers, councillors and activists who are against everything and are off-putting to investors and developers,” he wrote. ...
The local grocer returns to UK high streets image
Source : Telegraph [Read Article] Thursday 19th of February 2015 12:01:46 AM
.... . More local grocers and food shops opened in 2013 than any other type of independent retailer, as the public grew disillusioned with supermarket chains. ...
Shops accused of 'denying' six-year warranty right image
Source : Telegraph [Read Article] Tuesday 16th of December 2014 04:30:12 PM
.... . The seller (not the manufacturer) is responsible for the items, so the Sale of Goods Act applies to online and independent retailers, as well as High Street shops. ...
Boutiques shops set to beat the chains this Christmas image
Source : Daily Express [Read Article] Sunday 14th of December 2014 09:30:00 AM
Where to shop on Small Business Saturday image
Source : Telegraph [Read Article] Thursday 4th of December 2014 02:00:45 PM
.... . Butchers, bakers, florists, cake shops, fashion boutiques, gift shops, stationers and all sorts of other independent retailers will be taking part in the run-up to the crucial Christmas shopping period. ...
. Small and independent retailers are hoping to persuade shoppers to back Small Business Saturday, another shopping import from the US that follows hot on the heels of Black Friday and Cyber Monday. ...
The three best toys for Christmas 2014 image
Source : Telegraph [Read Article] Wednesday 5th of November 2014 04:33:43 PM
.... . Here are the top 12 toys independent retailers believe will dominate this year: . ...
Independent shops bounce back as customers shun retail chains image
Source : Independent [Read Article] Monday 13th of October 2014 11:41:53 PM
....Shoppers turned to local outlets in record numbers, with net openings of 432 in the last six months. That was the result of 8,662 new independent retailers opening and 8,268 shutting their doors, according to the Local Data Company (LDC) and the British Independent Retailers Association (Bira). ...

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