Retail News - Poundworld launches e-commerce site

Poundworld has launched an e-commerce website dubbed 'Poundworld Plus' as the discount retail chain positions itself for expansion across Europe.

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Retail News - Tesco braces for record losses of £5bn

The UK’s largest retailer is set to announce record losses of up to £5 billion this week, as the business looks to rebalance and reduce costs.

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Retail News - Liam Gallagher looks to raise funds for Pretty Green expansion

Former Oasis frontman Liam Gallagher has hired investment bank Cantor Fitzgerald as he looks to raise funds to expand his fashion brand Pretty Green on a national and international scale.

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Retail News - Nestle reports £14m Q1 sales

Nestle has reported a bumper set of first quarter results, with sales of Sfr20.9 billion (£14.41 billion).

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The rate of unemployment in the UK tumbled to its lowest level in six-and-a-half years during February, with 31 million people in work providing the government a significant boost in the general election campaign.

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The International Monetary Fund (IMF) chief Christina Lagarde has endorsed George Osborne’s handling of the UK economy in the wake of the global financial crisis, highlighting the UK as only a small number of “good news stories.”

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Retail chain WH Smith pointed to falling underlying sales at its high street stores as the impetus for a new plan to broker franchise deals with independent newsagents, under a ‘WH Smith Local’ banner, despite a rise in profits.

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Retail News - Loss for Mattel in the first quarter

A loss of 458.2 million was revealed by manufacturer Mattel for the first quarter, with a loss coming in of 17 cents per share – above the predictions of Wall Street analysts of 9 cents per share.

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Retail News - Marks & Spencer rapped for excessively calorific sandwiches

A sandwich in the Marks & Spencer range contains more calorie than a McDonald's quarter pounder with cheese, it has emerged.

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Retail News - Apple delays iWatch release date

Apple have revealed that eager fans of the Apple Watch will have to wait until June to receive the product, despite original intentions for purchase by next Friday.

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