Accessories Amazon Asda Christmas Expansion & Franchise Fashion HR News High Street John Lewis London Marks & Spencer Media News Results Retail Retail and Consumer Industry Retail news Sainsbury's Store Tesco UK brand china consumer deal deals and rumours department department stores e-commerce electricals expansion fashion news food grocer group launch luxury morrisons my online online retail people profit property retail property retailer sale sales supermarket waitrose
Rapid Hardware store at Liverpool reopens and re-employs staff after administration Thursday, 9th May 2013
After administrators were called in and around 100 employees were redundant Rapid Hardware store had closed in February.
Rise in footfall by 19.2% during the warmest weekend of the year Thursday, 9th May 2013
Over the Bank Holiday weekend the rise in footfall ran a spend of over £220m, according to New West End Company and Heart of London Business Alliance that represent over 1,000 businesses in London's retail heartland.
A wave of departures from Marks & Spencer's womenswear team Wednesday, 8th May 2013
Marks & Spencer faced declining sales at the end of 2012 and suffered a wave of departures from the women’s wear team several weeks ahead of its release of the Autumn-Winter 2013 collections.
Parliament to extend inquiry into British high street Monday, 29th April 2013
Parliament is said to be preparing to extend its inquiry into the British retail sector after a huge response to a request for opinions. Back in March a parliamentary committee invited contributions from retailers and other parties involved in the industry. Although the deadline for entries has since passed, MPs on the Department for Business, Innovation and Skills Select Committee are understood to be considering an open-ended inquiry.
Bitter pill for Tesco as analysts forecast 10.7% drop in underlying annual profits while turnaround takes hold Tuesday, 16th April 2013
The UK's biggest retailer is now expected to report its first fall in underlying annual profit in two decades, as plans to rejuvenate the business begin to take hold. According to a report by Reuters, analysts have on average expect Tesco to announce an underlying pretax profit of £3.50 billion for the year to 13 Feburary.
BCC: UK will avoid triple dip recession Tuesday, 2nd April 2013
It’s thought the UK will avoid a third period of recession, according to a survey by the British Chambers of Commerce (BCC). According to the BCC, a strong performance by Britain’s service industries in the first three months of 2013 have kept the economy growing, contrary to the economic picture being painted by official figures.
Japan’s retail sales fall 2.3% year-on-year Thursday, 28th March 2013
Japan’s retail sales fell by more than expected in February, as the new government outlines plans to trigger inflation and a boost in consumer spending. The Japanese Ministry of Economy, Trade and Industry said sales fell 2.3 per cent from a year before, a steeper drop than analysts’ forecast of a 1.2 per cent dip.
March retail sales weakest since August as snow keeps shoppers away Tuesday, 26th March 2013
British retail sales in March come in flat compared with a year ago, according to the latest report by the Confederation of British Industry. The CBI said volumes for March retail sales had fallen below average for the time of year and were weaker than anticipated, as an especially cold winter refused to shift, despite the official start of springtime.
Snowfall drags on January’s retail sales Monday, 4th February 2013
Retail sales fell 0.41 per cent in January as snowfall wiped out any gains made at the start of the year. The latest figures from the BDO High Street Sales Tracker found demand for January’s traditional sales period led a boost in sales after Christmas, with the first week of the year experiencing the strongest like-for-like sales figures since January 2010.
Retailers toast to industry at 60th Retail Trust London Ball Tuesday, 29th January 2013
Figures from across the industry last night gathered for the 60th Retail Trust London Ball, raising £1 million towards the care and support of fellow retailers. My-Retail Media joined the festivities on Monday evening for its 60th year of celebrating one of Britain's most prevalent sectors, with £1 million raised in aid of the Retail Trust.