Currys accused of mis-selling warranties Tuesday, 26th March 2013
Currys has come under fire as hundreds of customers accuse the retailer of mis-selling extended warranties. A BBC Wales investigation for the consumer programme X-Ray was shown internal documents in which customers claim they were sold a warranty by Currys, even though they had said they did not want one, while others were wrongly told they had to buy a warranty.
Blockbuster secures future as deal saves 2,000 jobs and 264 stores Monday, 25th March 2013
Troubled DVD and entertainment rental chain Blockbuster was bought out of administration on Friday, in a deal that will save 2,000 jobs and 264 of its UK stores. Administrators from Deloitte on Friday announced that restructuring specialists Gordon Brothers Europe have bought the company for an undisclosed sum.
Arcadia Group to introduce series of shopping apps Wednesday, 20th March 2013
Arcadia Group is set to introduce a series of iPad shopping apps for Burton, Dorothy Perkins, Evans, Topman and Wallis.
Samsung reveals the Galaxy S4 at conference in Manhattan Friday, 15th March 2013
Samsung revealed its latest smartphone model, the Galaxy S4 at a conference in Manhattan last night. The new phone is expected to be on sale before the end of April and will be sold in 155 countries. It is the fourth device to be developed as part of the Galaxy S brand which debuted in 2010. The exact release date of the device and its launch price were not announced at the event.
Another strong week for John Lewis as sales rise 13.3% Friday, 8th March 2013
Sales grew by an impressive 13.3 per cent last week as 16 of John Lewis’ department stores reported a double-digit rise in sales figures. The retailer’s new format shops in Swindon and Tamworth lead the way for sales in the seven days to 2 March, up 33 per cent and 25.6 per cent respectively, compared with last year’s results.
John Lewis year-on-year sales jump 17% Friday, 1st March 2013
The UK's largest department store group sales grow 17 per cent year-on-year in the week to 23 February. Both physical John Lewis stores and johnlewis.com experienced a growth in sales, with the retailer’s website managing a 20 per cent rise in sales, despite being in the middle of launching a new and improved online platform.
Will Hilco save the day for HMV? Friday, 1st March 2013
Restructuring experts Hilco are said to be on the verge of saving HMV with a deal worth £50 million, according to reports by The Sun. The company has been reported to be looking into taking on 130 of HMV stores and saving thousands of members of staff after the music and entertainment retailer was placed into administration in January.
“Mixed bag” for John Lewis results as half term impacts sales Friday, 22nd February 2013
John Lewis reported a “mixed bag of events” for the week ending 15 February, but still managed an 8 per cent rise in sales on the year before. The department store said six out of its seven days of trading reported positive sales gains, with especially strong weekend trading clocking up a 16 per cent rise in sales on Sunday 10 February and an 11.5 per cent rise on Saturday 15 February.
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