Amid uncertainty in the mobile phone and telecoms sector, Carphone Warehouse chief executive Graham Stapleton remains positive about the chain’s future.

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Retail News - Positive profit reported by Visa

The biggest global credit and debit card firm Visa revealed a quarterly profit that beat expectations yesterday, which was put down to a lucrative festive season and an increasingly strong US job market.

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Beleaguered supermarket chain Tesco has announced more job cuts, with 2,000 roles vulnerable at the company’s head office.

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Retail News - Consumer confidence leaps in January

Consumer confidence took a huge leap forward in January - a sign that the UK economy is on the road to recovery.

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Retail News - Fourth-quarter revenue falls short at Google

In the fourth quarter Google revenue increased by 15 per cent, but was still underneath the target set by Wall Street because of tough foreign exchange rates and falling online ad prices.

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Retail News - Argos to open digital stores in Sainsbury's branches

Argos is to open ten digital stores in branches of Sainsbury's which will offer a broad assortment of general merchandise.

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Retail News - Gap rids itself of creative director role

US retailer Gap revealed yesterday that it had cut the position of creative director Rebekka Bay, following a string of alterations that have been made to the brand recently as it tries to improve sales.

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Shares in e-commerce behemoth Amazon soared by over 11 per cent in after-hours training on Thursday, as the company announced sales of $89 billion for the year, well above analyst expectations.

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Retail News - Discounters blamed for Tesco closures

A nearby location to discounters Lidl and Aldi has been cited as the catalyst for 43 branches of Tesco closing – with 74 per cent of the flailing stores being within two miles of the rival chains.

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British Telecom announced a significant rise in its three-quarter year pre-tax profits, despite revenue slipping during the period.

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