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John Lewis sales rise by 5.9% About 7 years ago

The department store saw fashion sales rise by 7.5% with womenswear seeing a particular increase of sales increasing by 21.5%. Sales of menswear products had also risen by 8.1%, which was boosted by the popularity of Paul Smith menswear which had its first full week of sales. In addition to...

Food price inflation causes a rise in Scottish retail sales About 7 years ago

The value of Scottish retail sales in July was up by 0.7% on a year earlier, but this advance was driven in large part by food price inflation. The Scottish Retail Consortium have announced that non-food sales remained weak last month, due to continued consumer caution amid economic and political...

Amazon to announce new click and collect service About 7 years ago

Retail giant Amazon has announced a new instant collect service for its Prime members, with the introduction of fully staffed pick-up locations. Speaking on the service Ripley MacDonald, Director of Student Programs at Amazon, said “as shopping behaviours continue to evolve, customers consistently tell us that they want items even...

Amazon closes DVD rental service Lovefilm About 7 years ago

The rise of online streaming has led to Amazon closing their DVD rental service, Lovefilm. An Amazon spokesperson has announced that the service will be closed on October 31st, adding that the closure is because “over the last few years we have seen a decreasing demand for DVD and Blu-ray...

Glossybox acquired by The Hut Group About 7 years ago

The company, founded in 2011 in Berlin, operates in ten core markets from offices in the UK, Germany, France, Sweden and the USA. Speaking on the deal, Matthew Moulding, founder and chief executive of The Hut Group added “this is another significant investment for The Hut Group. In Glossybox, we...

Sainsbury’s halt Nisa takeover plans About 7 years ago

Sainsbury’s talks on a £130m takeover of grocery wholesale group Nisa have came to a stop over fears of intervention by competition authorities. The Competition and Markets Authority expressed serious concerns over a similar deal with Booker and Tesco, therefore according to an insider, “Sainsbury’s has decided to pause discussions with...

Kingfisher to post fall in B&Q sales amid slower property market after Brexit About 7 years ago

B&Q is expected to announce a significant decline in sales this week, as a slowing housing market continues to have a negative impact on its UK performance. Analysts at Jefferies expect the company to announce a 4% drop in like-for-like sales in the second quarter when its parent company, Kingfisher,...

Sainsbury's to pilot a 30-minute click and collect service About 7 years ago

Taking place at Sainsbury’s Pimlico store in London, the retailer will be the first supermarket to offer collection times of under an hour. Customers will be able to select and pay for up to 25 items for collection in 30 minutes, seven days a week with no charges for the...

Total retail footfall down 1.1% in July About 7 years ago

According to figures from the British Retail Consortium and Springboard in their monthly footfall monitor, total retail footfall dropped by 1.1% year-on-year in July. The month saw high street footfall decline by 2.1% whilst shopping centres experienced a 1.3% fall, as the resurgence seen recently began to falter. Diane Wehrle,...

Greene King to announce Richard Smothers as its new chief financial officer About 7 years ago

Pub chain Greene King has appointed Mothercare’s Richard Smothers as its new chief financial officer. Speaking on the appointment, chief executive of Greene King Rooney Anand said "I am delighted that Richard Smothers is joining us as chief financial officer. Richard has 20 years of experience at blue chip retail...

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