John Lewis and Waitrose buoyant after sales growth Friday, 21st June 2013
John Lewis go from strength to strength this week following a 7.5 per cent growth in sales ahead of last year. Meanwhile, sister company Waitrose, boosted by a 25 per cent off wine and champagne promotion, recorded sales growth of 14.1 per cent. The John Lewis weekly sales report claims that sales across Home, Fashion and EHT all saw healthy growth boosted by Father’s Day sales.
Promising signs for Dixons as annual profits rise 39% in UK & Ireland Thursday, 20th June 2013
Dixons Retail plc on Thursday revealed it had made “significant progress” during the year to 30 April 2013, as strong sales gains in the UK, Ireland and Northern Europe were able to offset a poorer performance in the retailer’s internet operator PIXmania.
BT chief exits to become Government trade minister Wednesday, 19th June 2013
BT chief executive Ian Livingston has stepped down to take up the position of Minister of State for Trade and Investment.
Amazon.com to launch Kindle e-readers and e-books in India Thursday, 13th June 2013
Amazon.com Inc. is planning to make its Kindle e-readers and e-books available in India, a country with rapid growth in smartphones and tablet users.
Home Retail Group posts boost in like-for-like Q1 sales Thursday, 13th June 2013
Home Retail Group, the UK’s biggest home and general merchandise retailer, on Thursday revealed a boost in like-for-like sales, as both its Argos and Homebase brands saw positive growth in the first quarter.
Playstation 4 priced $100 cheaper than Microsoft's Xbox One Tuesday, 11th June 2013
Sony has announced plans to sell the Playstation 4 for USD 100 less than Microsoft’s rival console, the Xbox One.
Shop prices downturn for the first time since 2009 Wednesday, 5th June 2013
According to data released by the British Retail Consortium, shop prices dipped 0.1 per cent year-on-year in May as the prices of clothing, electricals and DIY products continued to decrease.
John Lewis boasts positive bank holiday sales Friday, 31st May 2013
John Lewis remained up-beat this week after publishing positive financial results despite inconsistent summer bank holiday weather. The retailer said the weather had had a profound effect on its fashion sector, with sales dropping 7.2 per cent from the same time last year, but some stores turned in terrific performances, notably the at home stores which saw an increase of 43.5 per cent.
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