Articles tagged shopping

Retail News - Credit and debit card fees capped by EU

It has been agreed by the European Union governments that a cap should be placed on the fees that retailers pay in order to process transactions made by credit and debit card, in an effort to lower costs for customers.

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Retail News - Accessorize to provide personal service via e-reciepts

Monsoon Accessorize has begun to use multichannel data sources from online and bricks-and-mortar shoppers to create personalized offers for email receipts – and is the first UK high street store to do so.

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Retail News - Louis Vuitton opens at Heathrow Terminal 5

The first European airport Louis Vuitton branch has opened at Heathrow Terminal 5, along with the launch of the new Cruise collection.

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Retail News - 23rd to be busiest shopping day of the year

The busiest retail day of the year on the UK high street is predicted to be on Tuesday – just two days before Christmas, with Visa Europe expecting spending to reach £1.3 billion.

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Retail News - Inflation lowest in ten years - to fall even further

UK inflation has fallen to its lowest in ten years, and experts predict an even greater decline.

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Retail News - Record growth for online shopping

Last month consumers spent a record £12.1 billion shopping online, due to the sales linked to Black Friday weekend – causing a never before seen boost in November sales.

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Retail News - Mike Ashley has £200 million worth of stakes in rival brands

It has been revealed that owner of Sports Direct Mike Ashley has a variety of stakes in other brands such as JD Sports and House of Fraser, which are worth nearly £200 million.

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Retail News - Permira slashes stake in Hugo Boss further

Permira – the private equity firm – is slashing its stake in German label Hugo Boss from approximately 39 per cent to 32 per cent, through the selling of shares on the open market.

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Retail News - Judith McKenna new COO of Wal-Mart

After working for the brand for 20 years, Judith McKenna has been promoted to chief operating officer of Wal-Mart stores under chief executive Greg Foran.

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Retail News - Greg Wasson to retire as Walgreens CEO following merge with Alliance Boots

Health and beauty chain Walgreen has stated that chief executive and president Greg Wasson is to retire following the merge with Alliance Boots.

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