Topic filter : Retailer

Most trending topics in Business & Finance ( last 24 hours ):
Luxury Investigation Citroen Climate Change Pepsi Referendum Housing Market Asking Price Retailer For Sale Energy Bill Election Conservative Start-up Railway Train Ticket Fraud Apple Uber Stock Market Inflation Economy Wikipedia Airline Travel Lawsuit Faulty General Motors Euro London Property Mortgage Stake Living Cost Gold Inequality Share Price Centrica FTSE 100 Revenue First Quarter Share Value

Socially Most Trending News

.... "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
Total Trend count
1356
Most trending on :
1321 28 7
....In some areas of Manhattan, retail rents have declined 10-15%. But it has come too late for many retailers. ... [Read full article on Guardian ]
Sunday 26th of March 2017 11:15:29 AM
Total Trend count
1077
Most trending on :
1036 38 3
.... . Not only is the industry undergoing profound structural changes as shoppers are increasingly going online, retailers are also grappling with the devaluation of the pound following the Brexit vote. ... [Read full article on BBC ]
Thursday 30th of March 2017 02:22:34 PM
Total Trend count
957
Most trending on :
920 36 1
.... . "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. ... [Read full article on BBC ]
Monday 10th of April 2017 11:10:30 AM
Total Trend count
616
Most trending on :
607 9
.... . "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. ... [Read full article on BBC ]
Friday 21st of April 2017 09:24:52 AM
Total Trend count
442
Most trending on :
299 129 14
....Sir Philip Green's fashion chain, Topshop, is losing its trailblazing managing director Mary Homer to The White Company. Mary Homer helped make the retailer into a global brand that constantly managed to lead fashion on the High Street. ... [Read full article on BBC ]
Wednesday 29th of March 2017 11:21:38 AM
Total Trend count
437
Most trending on :
433 4
....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. ... [Read full article on BBC ]
Thursday 13th of April 2017 09:00:31 AM
Total Trend count
412
Most trending on :
409 3
....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. ... [Read full article on BBC ]
Monday 10th of April 2017 04:13:10 PM
Total Trend count
410
Most trending on :
398 12
....Tesco issued a corrected statement before the markets opened on Monday 22 September, which estimated it had overstated profits by about £250m. The revelation sent the retailer's share price plunging and sparked two internal inquiries. ... [Read full article on BBC ]
Tuesday 28th of March 2017 06:35:26 AM
Total Trend count
249
Most trending on :
225 22 2
.... 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. ... [Read full article on Guardian ]
Sunday 9th of April 2017 01:40:17 PM
Total Trend count
192
Most trending on :
184 7 1
.... . 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. ... [Read full article on BBC ]
Thursday 20th of April 2017 11:05:25 PM
Total Trend count
191
Most trending on :
177 11 3
Thursday 20th of April 2017 07:21:02 AM
Total Trend count
187
Most trending on :
173 14
....They say farmers need to import animal feed, and to export products if UK demand is insufficient. Food and drink manufacturers rely on exports to grow their businesses and on imports for some ingredients, while retailers need access to a full range of goods all year round, they add. ... [Read full article on BBC ]
Sunday 26th of March 2017 08:55:57 PM
Total Trend count
142
Most trending on :
133 7 2
.... . Like many other retailers, the High Street chain is grappling with changing shopping habits. ... [Read full article on BBC ]
Thursday 20th of April 2017 10:15:24 AM
Total Trend count
141
Most trending on :
125 16
....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. ... [Read full article on BBC ]
Tuesday 4th of April 2017 12:28:09 PM
Total Trend count
139
Most trending on :
118 17 4
....Under a pre-pack agreement, a buyer for a firm or its profitable assets is lined up in advance of the administrators being called in. "We are delighted that we have been able to rescue such an iconic UK footwear brand as Jones Bootmaker, including a high proportion of stores and preserving a large number of jobs, especially given the current economic pressures faced by retailers across the UK," said Will Wright, partner at KPMG and joint administrator. ... [Read full article on BBC ]
Sunday 26th of March 2017 08:32:32 AM
Total Trend count
121
Most trending on :
116 3 2
....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. ... [Read full article on BBC ]
Tuesday 11th of April 2017 11:14:15 PM
Total Trend count
115
Most trending on :
111 3 1
....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. ... [Read full article on Guardian ]
Monday 10th of April 2017 05:06:29 PM
Total Trend count
99
Most trending on :
97 2
....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. ... [Read full article on Guardian ]
Thursday 13th of April 2017 06:00:19 AM
Total Trend count
84
Most trending on :
81 3
.... . The "number one priority" for retailers in the Brexit talks is no new tariffs on EU goods, the British Retail Consortium (BRC) says. ... [Read full article on BBC ]
Tuesday 28th of March 2017 11:01:52 PM
Total Trend count
83
Most trending on :
79 4
....More significantly, the extra cost had resulted in price rises, restrictions on other staff rewards and perks, and scaling back investment. Inflation has actually been well below the government's 2% target for much of the last year, and retailers said they were required to compete on price while paying some staff more. ... [Read full article on BBC ]
Friday 31st of March 2017 09:17:02 PM
Total Trend count
80
Most trending on :
66 9 5
.... Mountford said the massive increase in the volume of clothing Pep&Co was now buying from suppliers meant it had been able to offset rising costs as a result of the fall in the value of the pound. Less than 4% of Poundland’s sales are currently above £1 and the company wants to expand that with deals on non-clothing items at £2 or £5, but the retailer said more than 90% of the chain’s range would always be sold at £1. ... [Read full article on Guardian ]
Wednesday 29th of March 2017 05:34:00 PM
Total Trend count
78
Most trending on :
78
....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. ... [Read full article on BBC ]
Tuesday 4th of April 2017 11:40:54 AM
Total Trend count
71
Most trending on :
64 6 1
. 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
Total Trend count
70
Most trending on :
65 4 1
.... 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. ... [Read full article on Guardian ]
Sunday 9th of April 2017 04:14:41 PM
Total Trend count
67
Most trending on :
63 4
....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. ... [Read full article on Guardian ]
Wednesday 12th of April 2017 06:26:58 AM
Total Trend count
63
Most trending on :
61 2
.... Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. ... [Read full article on Guardian ]
Thursday 30th of March 2017 01:26:11 PM
Total Trend count
55
Most trending on :
27 24 3 1
. Amazon has made its first move into the Middle East after agreeing to buy the region's largest online retailer, Souq. ... [Read full article on BBC ]
Tuesday 28th of March 2017 10:08:10 AM
Total Trend count
53
Most trending on :
46 5 2
....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
Total Trend count
48
Most trending on :
35 12 1
. Online fashion retailer Asos has seen a jump in half-year profits and sales driven by an "accelerated international performance". ... [Read full article on BBC ]
Tuesday 4th of April 2017 07:32:22 AM
Total Trend count
45
Most trending on :
42 3

Latest Finance News related to Retailer

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. ...
Sharp rise in UK food prices inflates household shopping bill image
Source : Guardian [Read Article] Tuesday 4th of April 2017 09:17:14 AM
.... Supermarkets’ own-label products are more affected than other categories: 18% of sales went on promotional spending, compared with 41% of branded goods sales. “The level of promotional spend has gone back to levels not seen since before the 2008-09 economic crisis,” said Mike Watkins, Nielsen’s UK head of retailer and business insight. ...
Online retailer Asos sees exports boosted by weak pound image
Source : BBC [Read Article] Tuesday 4th of April 2017 07:32:22 AM
. Online fashion retailer Asos has seen a jump in half-year profits and sales driven by an "accelerated international performance". ...
Grape Britain: UK merry on organic wine as sales soar image
Source : Guardian [Read Article] Monday 3rd of April 2017 02:56:00 PM
....Supermarkets are increasing the stock on their shelves to meet consumer demand, while the switch to online shopping has helped boost the organic wine sector as people are more easily able to find what they are looking for. Vintage Roots is now one of the UK’s biggest online retailers of organic and biodynamic wine, while Ocado stocks more than 100 different organic wines and Daylesford, best-known for its organic vegetable boxes, has branched out into organic wine and spirits. ...
Why the sound of Ed Sheeran helps sell fries image
Source : Guardian [Read Article] Sunday 2nd of April 2017 04:00:05 PM
. It’s elevator music, 21st-century style: not Herb Alpert, piped tinnily into your local department store, but carefully curated playlists generated by algorithms and used by major restaurants, supermarkets and retailers all over the world to entice us to spend more cash. ...
Serious Fraud Office boss warns big names to play ball – or else image
Source : Guardian [Read Article] Saturday 1st of April 2017 03:00:28 PM
....David Green, the director of the Serious Fraud Office, has warned that British businesses should not consider deferred prosecution agreements (DPAs) the “new normal” if they are caught misbehaving. Green was speaking to the Observer after Tesco and the SFO announced they had reached a DPA over the accounting scandal that rocked Britain’s biggest retailer in 2014. ...
Will the new 12-sided £1 ever be  worth a mint? Here’s how to coin it in image
....Meanwhile, during the coming weeks and months you might want to keep a close eye on the coins you are given by shopkeepers, because there are trial versions of the new £1 out there that could be worth a few bob. To ease the transition, the Royal Mint issued more than 200,000 to major retailers to help them recalibrate coin-handling equipment etc ahead of the launch. ...
Two million workers receive 4% pay rise image
Source : BBC [Read Article] Friday 31st of March 2017 09:17:02 PM
....More significantly, the extra cost had resulted in price rises, restrictions on other staff rewards and perks, and scaling back investment. Inflation has actually been well below the government's 2% target for much of the last year, and retailers said they were required to compete on price while paying some staff more. ...
London will remain Europe’s financial capital despite Brexit | Nils Pratley image
.... There is too much hot money chasing returns that look fundamentally fragile. “This is our first capital raising since our IPO,” says Steve Caunce, chief executive of AO World, the online retailer of electrical goods. ...
New John Lewis boss warns of further job cuts and price rises image
Source : Guardian [Read Article] Thursday 30th of March 2017 05:11:10 PM
....Nickolds said the company would not be using more agency workers rather than directly employed staff – who are called partners and who share in an annual profit-related bonus and get a range of other benefits, including access to John Lewis-owned holiday homes. The cuts come as Nickolds warned that the retailer had started to see signs of uncertainty among its customers about their personal finances in the wake of the Brexit vote. ...
Financial fraud tops £768 million as impersonation scams and cyber attacks drive increase image
....FFA UK is urging any organisation that holds personal and financial information to ensure it has robust security systems in place to prevent a data breach. There are a number of tools to build up customer profiles which can be used by retailers who sell remotely, so cardholders can be verified and payment can be received securely. ...
H&M to launch new 'more upmarket' fashion brand in London image
Source : BBC [Read Article] Thursday 30th of March 2017 02:45:31 PM
....H&M already operates a range of High Street brands including Cos, & Other Stories, Monki, Weekday and Cheap Monday. But the firm said market conditions were difficult for fashion retailers as digitisation is changing both shoppers' behaviour and the way fashion companies operate. ...
New John Lewis boss says department store needs reinventing image
Source : BBC [Read Article] Thursday 30th of March 2017 02:22:34 PM
.... . Not only is the industry undergoing profound structural changes as shoppers are increasingly going online, retailers are also grappling with the devaluation of the pound following the Brexit vote. ...
Crackdown on contactless card security flaw welcomed by MPs image
Source : Guardian [Read Article] Thursday 30th of March 2017 09:13:12 AM
.... If a lost or stolen card has been cancelled, this will be flagged and payments forbidden. Offline payments are stored in batches by retailers and processed online to the bank at a later point – at some smaller stores this can be a few days later. ...
FTSE 100 slides as sterling strengthens image
Source : BBC [Read Article] Thursday 30th of March 2017 08:32:29 AM
....Shares in Marks and Spencer were down 1. 22% on Thursday after UBS cut its rating on the retailer to neutral. ...
Poundland takes on Asda with low-cost clothing range image
Source : Guardian [Read Article] Wednesday 29th of March 2017 05:34:00 PM
.... Mountford said the massive increase in the volume of clothing Pep&Co was now buying from suppliers meant it had been able to offset rising costs as a result of the fall in the value of the pound. Less than 4% of Poundland’s sales are currently above £1 and the company wants to expand that with deals on non-clothing items at £2 or £5, but the retailer said more than 90% of the chain’s range would always be sold at £1. ...
Topshop loses managing director to The White Company image
Source : BBC [Read Article] Wednesday 29th of March 2017 11:21:38 AM
....Sir Philip Green's fashion chain, Topshop, is losing its trailblazing managing director Mary Homer to The White Company. Mary Homer helped make the retailer into a global brand that constantly managed to lead fashion on the High Street. ...

Page rendered in 2.6939 seconds.