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10 recent articles.

Aldi’s UK profits fall for third successive year 4 hours ago

The UK arm of the supermarket announced a 17% fall in profits for the third consecutive year, despite a 13.5% leap in sales to £8.74bn. Aldi has experienced rapid growth in the UK, overtaking the Co-op this year to become the fifth largest chain. Chief executive of Aldi, Matthew Barnes...

Harvey Nichols chief executive to become deputy chairman 4 hours ago

The Harvey Nichols department store chain’s chief executive Stacey Cartwright will be stepping down from her role, in order to take up the role of deputy chairman. In her new role, Cartwright will be able to oversee the continued evolution of the Harvey Nichols brand, which will now be led...

Card Factory profits affected by foreign exchange 4 hours ago

High street gift card retailer Card Factory saw like-for-like sales in the six months to July 31 increased by 3.1% with roughly 30% growth coming from the company's website. Whilst the company did see profits before tax fall from £27m to £23.2m, down by 14.1%, but the margins were impacted...

The Shop at Bluebird to open store in Covent Garden 1 day ago

Luxury retailer, The Shop at Bluebird, announced that it is to open a new 15,000 sq ft concept store in early 2018. Located in London’s Covent Garden, the store will house two dedicated retails floors, and a large restaurant on the second floor. The announcement comes as the latest in...

UK retail sales forecasts defy expectations 1 day ago

Retail sales rose by 1% on the month, significantly improving upon the 0.2% increase expected. Much of the increase was driven by improvements in spending in non-food shops like department stores and DIY outlets. Some analysts suggested that this could be a good indicator for the UK economy as it...

Primark to become the largest single letting at centre:mk 1 day ago

Hermes Investment Management, the £30.8 billion manager, and AustralianSuper, joint owners of centre:mk, have announced international fashion retailer, Primark, is to open a 75,000 sq ft sales area at centre:mk, in the heart of Milton Keynes. The new store is the largest single letting at centre:mk in the last 25 years...

eBay expand its click and collect service 4 days ago

The company stated that it will be partnering with Doddle to allow its customers to collect their items from Doddle locations nationwide. The service will be piloted in London and Brighton stores, including Kings Cross, Canary Wharf and Liverpool Street. Head of shipping development at eBay, Jon Ford, said “We...

Primark to open a new store in Bluewater 4 days ago

The discount retailer said that the store, which is set to open in 2019, will be located in the Greenhithe shopping centre. It's reported that the store will be in place of Early Learning Centre on Upper Thames Walk, with the children's shop moving inside Mothercare in the Lower Thames...

John Lewis suggests that Britons are beginning Christmas shopping early 4 days ago

John Lewis announced that “Christmas” had been the most popular search term on its website since August, which coupled with the fact that customers have already been buying festive gift-wrapping, artificial Christmas trees and baubles, suggests Christmas shopping is beginning earlier this year. The department store chain saw sales of...

River Island shun dividend to expand its online services 5 days ago

Chief executive of the retailer, Ben Lewis said that the company was planning to double the size of its digital office in Shoreditch whilst also trebling the size of its technology team. The family owners of River Island have also decided not to take a dividend for the second year...

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