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.... "They are a breath of fresh air. "Timpson as a group is alive and kicking, and that's more than can be said for a lot more mainstream retailers. ... [Read full article on BBC ]
Sunday 23rd of April 2017 11:03:35 PM
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.... But why exactly are firms offering them?. Last year New York-based online retailer Boxed was praised when its co-founder and boss Chieh Huang announced that the company would contribute to the cost of employees' weddings. ... [Read full article on BBC ]
Wednesday 26th of April 2017 11:08:29 PM
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....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. ... [Read full article on BBC ]
Tuesday 25th of April 2017 12:00:52 AM
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. Annual pre-tax profits at online fashion retailer Boohoo have almost doubled to £31m - up from just under £16m last year. ... [Read full article on BBC ]
Wednesday 26th of April 2017 06:17:43 AM
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....One notable tax missing from Wednesday’s briefing was the “border adjustability tax”, a proposal to tax goods imported into and sold in the United States championed by Ryan. The tax, backed by House Republicans, was supposed to serve as a means to offset any loss in revenue from corporate tax cuts but ran into opposition from major corporate interests, including retailers and automobile manufacturers. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 06:35:17 PM
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....Marks & Spencer is to launch an online grocery shopping service this autumn as it looks to cash in on the success of its food halls. The retailer confirmed that a team of executives was currently drawing up a battle plan ahead of trials this autumn, allowing M&S customers to order food online and have it delivered to their home. ... [Read full article on Guardian ]
Thursday 27th of April 2017 06:10:06 PM
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. Lunchtime customers at Whole Foods in Manhattan’s Union Square had little trouble expressing the shortcomings that have led the once high-flying, organic-focused retailer to become linked with a takeover. ... [Read full article on Guardian ]
Saturday 29th of April 2017 11:00:28 AM
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. Korean retailers don't mind you taking lots of photos in their shops, says Jane Monnington Boddy. ... [Read full article on BBC ]
Tuesday 25th of April 2017 11:08:21 PM
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....M&S currently has 959 UK stores, of which 615 are food only. The retailer is being cautious about its plans, saying that it wants to undertake "a soft trial in the autumn". ... [Read full article on BBC ]
Friday 28th of April 2017 10:21:21 AM
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....Chief executive Alison Brittain said the company was expecting "a tougher consumer environment than last year". Separately, floor coverings retailer Carpetright said it had seen "tougher trading conditions" in recent months. ... [Read full article on BBC ]
Tuesday 25th of April 2017 10:47:43 AM
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. The luxury shoe and bag retailer Jimmy Choo has put itself up for sale in a move that took the market by surprise. ... [Read full article on Guardian ]
Monday 24th of April 2017 08:25:28 AM
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.... The two companies accounted for 99% of the industry growth in digital advertising in 2016, Pivotal Research said in a report this week, demonstrating market power that some advertisers complain amounts to a duopoly. Amazon, the world’s largest online retailer, saw its shares rise to their highest ever level after it said net income rose 41% in the first quarter of the year. ... [Read full article on Guardian ]
Friday 28th of April 2017 03:03:31 AM
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.... The chain told Food Quality News it believed the unusual flavour came from chickpeas imported from Canada. Whatever the reason for the metallic tang, the UK shortages have had a knock-on effect for other retailers, as disappointed shoppers flocked to buy up their stock. ... [Read full article on Guardian ]
Saturday 29th of April 2017 08:00:25 AM
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. Boohoo, the online fashion retailer with an army of 16 to 24-year-old fans, has nearly doubled its profits, helped by paying celebrities and other “influencers” to promote its products on Instagram. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 05:31:48 PM
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....173 euros. Shares in Carpetright were hit after the retailer said its full-year profits would be at the lower end of forecasts. ... [Read full article on BBC ]
Tuesday 25th of April 2017 07:57:49 AM
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....Mr Ashley said he would walk away from the company if he failed to rectify it. Last July, MPs accused the retailer of not treating its workers like humans and claimed its working practices were similar to those of a Victorian workhouse. ... [Read full article on BBC ]
Wednesday 26th of April 2017 03:57:01 PM
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....The move comes after Transline was one of two employment agencies exposed by a 2015 Guardian investigation of paying temporary workers at Sports Direct’s Shirebrook warehouse less than the national minimum wage. It also follows the firm being axed last month from supplying temporary warehousing staff to the world’s largest retailer Amazon, and comes two weeks after the company announced that Colin Beasley – who was the majority shareholder when the group founded - had left its board. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 10:49:04 AM
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Monday 24th of April 2017 07:55:14 AM
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....“One quarter of slow growth is not definitive proof that the economy is on the ropes. But the pressure on consumers’ incomes looks set to build this year as retailers pass on higher import prices. ... [Read full article on Guardian ]
Friday 28th of April 2017 02:33:56 PM
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....05” posters telling people that the end of the cotton-paper note, first issued in its current shape and size in 1990, is nigh. After that date no retailers are obliged to accept them, though that doesn’t mean they become worthless overnight. ... [Read full article on Guardian ]
Saturday 29th of April 2017 06:00:22 AM
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.... He is intended to become chairman of Barclays “ringfenced bank” – mainly the high-street operations – which must be set up by 2019 under rules intended to avoid a repeat of the 2008 financial crisis. But he also chairs retailer Debenhams, French furniture company Maisons du Monde and investment company Menhaden Capital, and is senior independent director at Costa Coffee owner Whitbread – the role he is regarded as most likely to relinquish. ... [Read full article on Guardian ]
Thursday 27th of April 2017 06:37:05 PM
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Latest Finance News related to Retailer

Hard times for Whole Foods: 'People say it's for pretentious people. I can see why' image
. Lunchtime customers at Whole Foods in Manhattan’s Union Square had little trouble expressing the shortcomings that have led the once high-flying, organic-focused retailer to become linked with a takeover. ...
Hummus 'crisis' sheds light on secret world of mass food production image
Source : Guardian [Read Article] Saturday 29th of April 2017 08:00:25 AM
.... The chain told Food Quality News it believed the unusual flavour came from chickpeas imported from Canada. Whatever the reason for the metallic tang, the UK shortages have had a knock-on effect for other retailers, as disappointed shoppers flocked to buy up their stock. ...
Still got a paper fiver in your wallet? Well you should spend it now! image
Source : Guardian [Read Article] Saturday 29th of April 2017 06:00:22 AM
....05” posters telling people that the end of the cotton-paper note, first issued in its current shape and size in 1990, is nigh. After that date no retailers are obliged to accept them, though that doesn’t mean they become worthless overnight. ...
M&S online food delivery service will be no piece of cake image
Source : BBC [Read Article] Friday 28th of April 2017 10:21:21 AM
....M&S currently has 959 UK stores, of which 615 are food only. The retailer is being cautious about its plans, saying that it wants to undertake "a soft trial in the autumn". ...
Nasdaq surge expected to continue after strong Alphabet and Amazon results image
.... The two companies accounted for 99% of the industry growth in digital advertising in 2016, Pivotal Research said in a report this week, demonstrating market power that some advertisers complain amounts to a duopoly. Amazon, the world’s largest online retailer, saw its shares rise to their highest ever level after it said net income rose 41% in the first quarter of the year. ...
Barclays boss faces shareholder revolt over whistleblowing case image
Source : Guardian [Read Article] Thursday 27th of April 2017 06:37:05 PM
.... He is intended to become chairman of Barclays “ringfenced bank” – mainly the high-street operations – which must be set up by 2019 under rules intended to avoid a repeat of the 2008 financial crisis. But he also chairs retailer Debenhams, French furniture company Maisons du Monde and investment company Menhaden Capital, and is senior independent director at Costa Coffee owner Whitbread – the role he is regarded as most likely to relinquish. ...
M&S to trial online food delivery service this autumn image
Source : Guardian [Read Article] Thursday 27th of April 2017 06:10:06 PM
....Marks & Spencer is to launch an online grocery shopping service this autumn as it looks to cash in on the success of its food halls. The retailer confirmed that a team of executives was currently drawing up a battle plan ahead of trials this autumn, allowing M&S customers to order food online and have it delivered to their home. ...
'Pawternity' leave image
Source : BBC [Read Article] Wednesday 26th of April 2017 11:08:29 PM
.... But why exactly are firms offering them?. Last year New York-based online retailer Boxed was praised when its co-founder and boss Chieh Huang announced that the company would contribute to the cost of employees' weddings. ...
Trump under fire over 'huge tax cut for the rich' image
Source : Guardian [Read Article] Wednesday 26th of April 2017 06:35:17 PM
....One notable tax missing from Wednesday’s briefing was the “border adjustability tax”, a proposal to tax goods imported into and sold in the United States championed by Ryan. The tax, backed by House Republicans, was supposed to serve as a means to offset any loss in revenue from corporate tax cuts but ran into opposition from major corporate interests, including retailers and automobile manufacturers. ...
Fashion retailer Boohoo nearly doubles profit after celebrity Instagram tie-ups image
. Boohoo, the online fashion retailer with an army of 16 to 24-year-old fans, has nearly doubled its profits, helped by paying celebrities and other “influencers” to promote its products on Instagram. ...
Sports Direct staff supplier Transline faces administration image
Source : BBC [Read Article] Wednesday 26th of April 2017 03:57:01 PM
....Mr Ashley said he would walk away from the company if he failed to rectify it. Last July, MPs accused the retailer of not treating its workers like humans and claimed its working practices were similar to those of a Victorian workhouse. ...
Sports Direct agency Transline preparing for insolvency image
Source : Guardian [Read Article] Wednesday 26th of April 2017 10:49:04 AM
....The move comes after Transline was one of two employment agencies exposed by a 2015 Guardian investigation of paying temporary workers at Sports Direct’s Shirebrook warehouse less than the national minimum wage. It also follows the firm being axed last month from supplying temporary warehousing staff to the world’s largest retailer Amazon, and comes two weeks after the company announced that Colin Beasley – who was the majority shareholder when the group founded - had left its board. ...
Boohoo online fashion retailer sees its profits double image
Source : BBC [Read Article] Wednesday 26th of April 2017 06:17:43 AM
. Annual pre-tax profits at online fashion retailer Boohoo have almost doubled to £31m - up from just under £16m last year. ...
Colour me image
Source : BBC [Read Article] Tuesday 25th of April 2017 11:08:21 PM
. Korean retailers don't mind you taking lots of photos in their shops, says Jane Monnington Boddy. ...
Costa coffee owner Whitbread wary over prospects image
Source : BBC [Read Article] Tuesday 25th of April 2017 10:47:43 AM
....Chief executive Alison Brittain said the company was expecting "a tougher consumer environment than last year". Separately, floor coverings retailer Carpetright said it had seen "tougher trading conditions" in recent months. ...
London share prices edge higher image
Source : BBC [Read Article] Tuesday 25th of April 2017 07:57:49 AM
....173 euros. Shares in Carpetright were hit after the retailer said its full-year profits would be at the lower end of forecasts. ...
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. ...
Now on sale: Jimmy Choo (the whole company) image
Source : Guardian [Read Article] Monday 24th of April 2017 08:25:28 AM
. The luxury shoe and bag retailer Jimmy Choo has put itself up for sale in a move that took the market by surprise. ...
'You're hired Mr Happy' image
Source : BBC [Read Article] Sunday 23rd of April 2017 11:03:35 PM
.... "They are a breath of fresh air. "Timpson as a group is alive and kicking, and that's more than can be said for a lot more mainstream retailers. ...
When an M&S closes, you lose more than a store | Barbara Ellen image
Source : Guardian [Read Article] Saturday 22nd of April 2017 11:05:27 PM
.... There are other big M&S branches near the closing shops, within walking distance or a short drive away. The closures were part of a reaction to the pressures facing all retailers, relating to seismic changes in shopping habits, notably the vastly increased public preference for shopping online. ...
Working mothers face pay and childcare challenges, reports find image
Source : Guardian [Read Article] Saturday 22nd of April 2017 09:01:27 PM
. Whether it’s the gender pay gap, a lack of promotion opportunities or the demand from retailers to work longer shifts – often standing at checkouts for 10 hours straight – life can be tough for women in the shop trade. ...
BHS crash sets trend for a chain of closures on UK high streets image
Source : Guardian [Read Article] Saturday 22nd of April 2017 03:00:17 PM
....A year on, the high street is still reeling from the body blow. More than two-thirds of the retailer’s 164 stores are still lying empty and its pensioners have been left worse off, even after former owner Sir Philip Green agreed to pump up to £363m into supporting the pension scheme. ...
As more buy clothes online, Walmart eyes a piece of the action image
Source : Guardian [Read Article] Saturday 22nd of April 2017 11:00:12 AM
....US high streets are witnessing a Darwinian winnowing. In recent months hundreds of closures have been announced as retailers including Macy’s, Sears, American Apparel and Abercrombie & Fitch have scaled back their bricks-and-mortar operations in the face of a shift to online shopping. ...
Sports Direct's £78m move into US retail stuns analysts image
Source : Guardian [Read Article] Friday 21st of April 2017 03:41:12 PM
....Sports Direct has drawn fire from analysts after it entered the US market by buying two loss-making chains for $101m (£78m). The retailer said on Friday it had received approval from Delaware bankruptcy court to buy 50 stores trading as Bob’s Stores and Eastern Mountain Sports through the bankruptcy process of Eastern Outfitters, the chains’ parent company. ...
UK retail surge since Brexit vote comes to an end image
Source : Guardian [Read Article] Friday 21st of April 2017 01:11:30 PM
.... These were offset to some extent by internet sales, it added. “Anecdotal evidence from textile, clothing and footwear retailers suggests that increases in internet sales have contributed to growth. ...
Biggest fall in UK retail sales in seven years image
Source : BBC [Read Article] Friday 21st of April 2017 09:24:52 AM
.... . "Rising food and petrol prices, together with slowing real wage rises, appear to be finally prompting shoppers to tighten their belts, while the value of the pound continues to put pressure on retailers' costs. ...
Sports Direct breaks into US market image
Source : BBC [Read Article] Friday 21st of April 2017 08:32:02 AM
...." . Nick Hyett also sounded a note of caution: "It's unlikely to be an easy road, many UK retailers have run afoul of the challenging US market. ...
Green Investment Bank sell-off: only time will tell how green it is | Nils Pratley image
.... It is a leader in that corner of the market and adding more nail-bars and in-store hairdressing salons sounds entirely sensible. Maybe such services qualify as an “experience” – the over-worked word in new chief executive Sergio Bucher’s presentation – but almost every retailer is talking the language of “social shopping. ...
UK's online shoppers top global spending survey image
Source : BBC [Read Article] Thursday 20th of April 2017 11:05:25 PM
.... . However, attempts of online retailers to make a mark in the grocery sector had so far failed in comparison to the use of cards in shops and supermarkets. ...
M&S to close six stores as it tries to 'stay in tune' with shoppers image
Source : Guardian [Read Article] Thursday 20th of April 2017 11:27:13 AM
. Marks & Spencer has announced plans to close six stores, affecting 380 jobs, but the retailer has pledged to find staff alternative posts in nearby outlets. ...
Marks and Spencer to close six stores image
Source : BBC [Read Article] Thursday 20th of April 2017 10:15:24 AM
.... . Like many other retailers, the High Street chain is grappling with changing shopping habits. ...
Debenhams jobs at risk as stores close in 'social shopping' shakeup image
Source : Guardian [Read Article] Thursday 20th of April 2017 09:18:15 AM
....The new chief executive of Debenhams is to give the department store chain an expensive makeover after admitting some shops looked tired and old and customers had to go on a “treasure hunt” to find what they wanted. Sergio Bucher, who joined the retailer from Amazon in October, polled 16,000 shoppers before drafting a turnaround plan to focus on “social shopping” and making store visits a “fun leisure activity”. ...
Next slashes Wolfson's pay by half after profits slide image
Source : BBC [Read Article] Tuesday 18th of April 2017 06:35:51 PM
. Next has slashed its chief executive's pay package by more than half after the retailer's profits fell for the first time in eight years. ...
Did you lose your job when BHS went into administration? image
Source : Guardian [Read Article] Tuesday 18th of April 2017 04:44:09 PM
.... This is a better outcome than if the BHS pension scheme had entered the Pension Protection Fund, a lifeboat for failed pension schemes, where workers would have received an estimated 75% to 79%. The 88-year-old retailer failed when it ran out of money a year after it was sold by Sir Philip Green to the serial bankrupt Dominic Chappell for £1. ...
Next boss misses out on annual bonus for first time in 18 years image
Source : Guardian [Read Article] Tuesday 18th of April 2017 04:15:22 PM
....Wolfson’s total pay package dived by 58% to £1. 8m in the year to 28 January, according to the fashion and homewares retailer’s annual report published on Tuesday, after a key earnings per share target was missed. ...
UK wine industry to plant 1m vines as sector bubbles with confidence image
Source : Guardian [Read Article] Tuesday 18th of April 2017 06:30:21 AM
....A shift to buying more expensive vintages has also encouraged consumers to trade up to English wines, which typically start at £10 a bottle, although the top sparklers such as Nyetimber, made in West Sussex, retail for about £35. Sales of domestically grown wine have been on an upward swing since 2000, with Waitrose and Marks & Spencer now offering dozens of different English and Welsh wines, and top retailers and restaurants stocking more and more lines. ...
Tesco to save £105m in business rates after property revaluation image
Source : Guardian [Read Article] Sunday 16th of April 2017 05:12:13 PM
....In Southwold, the coastal town’s property boom forced rateable values up by 152%, with some shop owner’s saying the hike threatened the viability of their business. Meanwhile, it emerged that online retailers such as Amazon, Shop Direct and Asos were enjoying tax cuts after the bills for their distribution centres declined. ...
Two-thirds of BHS stores lie empty as anniversary of collapse nears image
Source : Guardian [Read Article] Sunday 16th of April 2017 03:30:44 PM
....BHS went into administration on 25 April 2016 with the loss of 11,000 jobs. The 88-year-old retailer failed when it ran out of money a year after it was sold by Sir Philip Green to the serial bankrupt Dominic Chappell for £1. ...
But it was spreads that put the ‘uni’ in Unilever image
Source : Guardian [Read Article] Sunday 16th of April 2017 06:00:23 AM
.... That irritation is likely to continue for a bit, too, with economists expecting the squeeze on inflation-adjusted wages to intensify over the coming months as the weak pound affects the cost of living. But is that bad news for everyone? Possibly not, if it makes shoppers trade down to cheaper retailers such as Primark, whose owner Associated British Foods (ABF) announces first-half results this week. ...
BHS workers share £1m payout over failed redundancy process image
Source : Guardian [Read Article] Friday 14th of April 2017 06:59:27 AM
. A group of former BHS workers have altogether won up to £1m in compensation over the summary way they were made redundant when the retailer collapsed. ...
Pound to euro rate: Sterling rises to seven-week high in Easter boost for holidaymakers image
.... The Post Office and Sainsbury’s are money the currency providers that offer better rates if you follow this method. But the best rates are typically with currency specialists, as oppose to high street retailers. ...
Sainsbury's pushes ahead with Argos rollout in supermarkets image
Source : BBC [Read Article] Thursday 13th of April 2017 09:00:31 AM
....Sainsbury's is pushing on with plans to open 250 Argos outlets in its stores as it takes on low-cost rivals and Amazon. The supermarket chain has opened 50 Argos concessions since taking over the catalogue retailer and Habitat for £1. ...
UK technology firms turn to Silicon Valley to ward off Brexit blues image
Source : Guardian [Read Article] Thursday 13th of April 2017 06:00:19 AM
....GP Bullhound, an investment bank, says the north now has 12 tech “unicorns” – that is, companies valued at more than $1bn – which is more than Sweden or Germany. They include some of the UK’s biggest tech businesses, such as the software giant Sage and The Hut, the online retailer with an annual turnover of £335m. ...
Why dental floss and kippers explain your rising post-Brexit shopping bill image
Source : Guardian [Read Article] Wednesday 12th of April 2017 04:37:34 PM
.... But you’re going to notice if your milk is more expensive. You might even go to another supermarket to see if their milk is cheaper, and the retailer could lose a customer. ...
Sports Direct workers' representative faces 'uphill struggle' – union image
Source : Guardian [Read Article] Wednesday 12th of April 2017 08:37:03 AM
....Sports Direct has elected an employee to attend its board meetings, after a series of scandals last year over the way the company is run and treats its staff. The appointment of Alex Balacki, 30, follows a tumultuous 16 months for the retailer. ...
Tesco shares tumble despite first UK growth in seven years image
Source : Guardian [Read Article] Wednesday 12th of April 2017 06:26:58 AM
....Tesco has reported its first year of sales growth in the UK since 2010, but good news for its vast domestic chain has been overshadowed by the stormy outlook for future trading as the weakness of sterling pushes up food prices. The UK’s largest retailer was the biggest faller in the FTSE 100 on Wednesday, with the shares finishing down more than 5%, despite beating City expectations with a 30% rise in group operating profit to £1. ...
Asda reignites row over 'farm' brands by relaunching value range image
Source : Guardian [Read Article] Wednesday 12th of April 2017 05:30:26 AM
. The supermarket chain Asda has relaunched its value Smart Price food range as Farm Stores, reigniting the row about retailers’ controversial use of “fake farm” brands to sell products. ...
Inflation rates puts squeeze on savers as UK is in the midst of a 'silent savings crisis' image
....25 per cent. However, Russ Mould, investment director at AJ Bell, said suggestions that retailers would use Brexit as an excuse to pass on price hikes have been proven wrong, offering some hope to savers: “There may not be the real build-up in inflationary pressure that many were fearing. ...
Eggs-porting isn't easy image
Source : BBC [Read Article] Tuesday 11th of April 2017 11:14:15 PM
....The company has six shops in the South East of England and sells directly to customers in the US and Europe via its website, and further afield via export arrangements. So far most of its overseas customers have come via a partnership deal with a large US retailer. ...
Inflation is only going one way. Let's hope interest rates don't follow | Larry Elliott image
.... It’s quite clear it isn’t. Food is going up, energy companies are raising their tariffs, retailers are passing on the higher costs of imports caused by a weaker pound. ...
UK inflation stays at three-year high of 2.3% image
Source : Guardian [Read Article] Tuesday 11th of April 2017 10:42:20 AM
....Economists said inflation was likely to push higher in April and they warned the rising costs of essentials such as groceries were already eating into household budgets and leaving people with less cash to spend on other items. Reports from retailers suggest sales slowed in recent months. ...
It was DFS customer service  that didn’t measure up image
Source : Guardian [Read Article] Tuesday 11th of April 2017 06:00:20 AM
. We read the case you covered in June 2016 whereby a furniture retailer’s promise of a “restock” charge at an agreed amount was rescinded after the furniture didn’t fit into the house. ...
UK retail sales fall again as rising living costs bite image
Source : Guardian [Read Article] Monday 10th of April 2017 11:01:12 PM
. Britain’s retailers suffered a third consecutive month of falling sales in March, according to industry figures that add to evidence that a post-referendum rise in living costs is denting consumer spending. ...
Under-fire Barclays chief is probably guilty of behaving like a chump image
Source : Guardian [Read Article] Monday 10th of April 2017 11:01:12 PM
....To be sure, the timing of Easter played a part. Consumers tend to increase their spending over the long bank holiday weekend, and retailers will be expecting the sort of bounce over the coming days that they got in March last year. ...
High court approves £129m fine for Tesco over accounting scandal image
Source : Guardian [Read Article] Monday 10th of April 2017 06:18:16 PM
. The high court has approved a settlement between Tesco and the Serious Fraud Office that involves Britain’s biggest retailer paying a £129m fine over an accounting scandal. ...
Jaeger collapses into administration putting 680 jobs at risk image
Source : Guardian [Read Article] Monday 10th of April 2017 05:06:29 PM
....4m pre-tax loss, according to accounts filed at Companies House. Jaeger is the latest in a long list of retailers to suffer from difficult trading conditions on the high street and the increased cost of imported materials due to the collapse of the pound. ...
Jaeger clothing chain collapses into administration image
Source : BBC [Read Article] Monday 10th of April 2017 04:13:10 PM
....The fashion chain Jaeger has gone into administration, putting 700 jobs at risk in the UK. The British retailer's directors appointed administrators after failing to find a suitable buyer for the struggling clothes business. ...
Scottish billionaire car dealer Sir Arnold Clark dies image
Source : BBC [Read Article] Monday 10th of April 2017 11:10:30 AM
.... . "His unsurpassed work ethic and strong family values led him to build a market-leading automotive retailer that continues to go from strength to strength. ...
Experience-hungry shoppers trend towards food and drink spending image
Source : Guardian [Read Article] Monday 10th of April 2017 06:01:29 AM
....2% in March following six months of decline, but there was a move towards evening spending at food and drink outlets as shoppers prioritised experiences over goods. It said while, historically, 25% of sales in stores over the long Easter weekend were made in fashion retailers and 10% were at food and beverage outlets, this year it expected the figures to move towards 20% and 15% respectively. ...
Price rises and pay figures to underline Brexit strain on Britons image
Source : Guardian [Read Article] Sunday 9th of April 2017 11:01:21 PM
....The sharp fall in the pound since the referendum last summer has raised the price of imported goods such as fuels, metals and food ingredients. That has sparked some high-profile price tussles between suppliers and retailers, such as the row over Marmite last year. ...
Tesco to report a return to financial health image
Source : Guardian [Read Article] Sunday 9th of April 2017 04:14:41 PM
.... Agreeing to pay a fine as part of a DPA is not an admission of wrongdoing but enables a company to avoid prosecution. While analysts believe profits from Tesco’s overseas chains will miss expectations, that will be countered by a recovery in the UK, which is the retailer’s biggest and most lucrative market. ...
'Punk' beer maker BrewDog sells 22% of firm to private equity house image
Source : Guardian [Read Article] Sunday 9th of April 2017 01:40:17 PM
.... The pair, who were at school together in Aberdeenshire, started Brewdog in 2007 with the help of a bank loan, savings and a grant from the Prince’s Trust. Ten years later they are a household name, thanks to tie-ups with major retailers and a series of headline-making controversies. ...
Which charity website should you use? image
Source : Guardian [Read Article] Sunday 9th of April 2017 05:59:00 AM
.... EveryClick is a profit-making organisation that generates revenues from its Give as you Live shopping and price comparison website, which allows users to raise money when shopping on the web. It retains half the retailer’s commission to develop the shopping platform and improve the user experience. ...
Can end of unhappy marriage with L'Oréal breathe new life into Body Shop? image
....The first-round bids for The Body Shop are expected before L’Oréal’s first-quarter results on 18 April and annual meeting two days later. It could mark the end of an unhappy decade for the Sussex-based retailer since founder Dame Anita Roddick sold up to L’Oréal for £652m in 2006 – a move seen as betrayal by some regular shoppers. ...
Jaeger going out of fashion puts 700 jobs at risk image
Source : Guardian [Read Article] Friday 7th of April 2017 03:01:10 PM
....In its heyday, Jaeger dressed Audrey Hepburn and Marilyn Monroe, but in recent years it has struggled to stay relevant on a competitive high street. The retailer confirmed on Friday that it had filed a notice of intention to appoint administrators – a step that gives a company protection from creditors for 10 days before potentially tipping into administration. ...
Mothercare to raise prices after pound's Brexit slide image
Source : Guardian [Read Article] Friday 7th of April 2017 06:45:25 AM
....Mothercare’s chief executive has said the price of its clothing and toys would increase by 3% to 5% this summer following the decline in the value of the pound since the Brexit vote. Mark Newton Jones said the childrenswear and maternity specialist had limited price rises by striking better deals with suppliers, but with half its goods bought in dollars the retailer was not able to absorb higher sourcing costs. ...
Vaping shops selling to non-smokers image
Source : BBC [Read Article] Friday 7th of April 2017 03:46:49 AM
....". Footage from the RSPH showed one retailer recommending a vaping liquid with 6mg nicotine content rather than 0mg, despite the customer telling him she did not smoke. ...
Online shopping and the plight of delivery workers: share your experiences image
.... From fast-food couriers protesting paltry pay rates to delivery workers being charged for calling in sick, workers’ rights are seemingly often ignored in the quest for faster, cheaper customer service. As a consumer, how concerned are you that your own shopping habits might be affecting the working conditions of delivery workers? If you’re a business who uses delivery services, what is the most important consideration when choosing which company to employ? And does how an online retailer reportedly treats its staff affect whether you buy from them?. ...
Thousands of Tesco jobs at risk under plan to axe some night shifts image
Source : Guardian [Read Article] Wednesday 5th of April 2017 04:55:52 PM
....Tesco is cutting night shifts for shelf stackers in some of its biggest supermarkets in a fresh shakeup that puts 3,000 jobs at risk. The UK’s biggest retailer said the consultation process with night workers in the 69 impacted stores would begin this summer. ...
MPs urge crackdown on excessive pay to rebuild public trust in business image
Source : Guardian [Read Article] Wednesday 5th of April 2017 05:30:12 AM
. British businesses must crack down on excessive pay for bosses and improve boardroom diversity to restore public trust after scandals at Sports Direct and collapsed retailer BHS, MPs have warned. ...
Asos chief says warehouse conditions are 'great' despite complaints image
Source : Guardian [Read Article] Tuesday 4th of April 2017 05:13:48 PM
. Nick Beighton, the chief executive of online fashion retailer Asos, has said he has put in a shift at the Barnsley warehouse where concerns were raised about working practices last year and found conditions to be “great”. ...
Ralph Lauren to close flagship Polo store in cost-cutting plan image
Source : BBC [Read Article] Tuesday 4th of April 2017 02:52:30 PM
....The fashion-to-homeware brand, known for its "preppy" look, expects to make $140m in annual savings as a result. Faced with increased competition from fast-fashion retailers, the firm launched a cost-saving strategy in June. ...
Pink Star diamond sets new world record in Hong Kong image
Source : BBC [Read Article] Tuesday 4th of April 2017 12:28:09 PM
....Bidding for the gem, which was found by De Beers at a mine in Africa in 1999 and cut over a period of two years, began at $56m. Sotheby's said the buyer was Hong Kong jewellery retailer Chow Tai Fook Jewellery. ...
Fashion for gluten- and dairy-free continues to grow image
Source : BBC [Read Article] Tuesday 4th of April 2017 11:40:54 AM
....The latest figures from Kantar Worldpanel indicate that prices for butter, fish, tea and skincare have risen in the 12 weeks to 26 March, while categories including crisps, bacon, chocolate and fresh poultry have seen prices fall. Discount retailers Aldi and Lidl have continued to increase sales by about 15%, whereas Tesco, Sainsbury's and Asda saw their sales decline slightly. ...

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