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Restaurant chain By Chloe to open its first UK branch About 7 years ago

US vegan restaurant chain, By Chloe, is set to open its first UK branch adding to its already existing seven US-based branches. The opening will be in Covent Garden, just off the Piazza, with the brand working with restaurant design and development specialist TGP International to tailor its offer to...

Paddy Power Betfair CEO to resign About 7 years ago

Paddy Power Betfair chief executive Breon Corcoran is to step down after 16 years with the group, however he will continue to lead the Paddy Power Betfair group and complete the integration of the Paddy Power and Betfair businesses which merged in 2016. Speaking on his decisions, Corcoran said: "This...

New physical stores cause increase in retailer website traffic by 52% About 7 years ago

Research undertaken by British Land using data from Connexity Hitwise has shown that the opening of a new physical store has a significant effect in boosting website traffic for retailers. Brands with fewer than 30 stores were found to enjoy the greatest positive impact from store openings, with uplifts in...

UK consumers cut spending on discretionary items About 7 years ago

According to new figures, Britons are slashing spending on new clothes, cars and holidays as the effect on consumer confidence, rising living costs and the uncertainty surrounding Brexit continues. Spending fell for a third consecutive month in July, data from Visa’s consumer spending index showed, which marked the longest-running slump...

Retail search growth driven by smartphone increase About 7 years ago

Figures from the BRC-Google Online Retail Monitor revealed that UK search volumes continued year-on-year growth of 7% across all devices in the period, with retail-related smartphone searches in the UK climbing by 19% year-on-year. Helen Dickinson, chief executive of the British Retail Consortium, said, “The growth of UK retail searches...

UK retail sales dip in July on fashion slump About 7 years ago

A recent survey showed that British shops had a dip in sales last month, with fashion retailers enduring their worst July for eight years. The rise in inflation has slowed Britain's economy since last year's Brexit vote and modest pay growth has squeezed consumers' real earnings. Accountancy and business advisory...

Next shares climb 10% on news of online sales surge during heatwave About 7 years ago

The fashion chain’s shares were the biggest riser in the FTSE 100, climbing nearly 10% up to £43.83. Next said stores on high streets where the sun had been shining had performed 5% to 10% better than those in parts of the country where the weather had not been as...

Amazon picks its first Australian warehouse About 7 years ago

Retail giant Amazon.com have unveiled the location of its first warehouse in Australia, picking an industrial area outside Melbourne. Australians can already buy Amazon products from offshore, however the prospect of an Amazon warehouse adds to pressure on traditional brick-and-mortar retailers. Speaking on the move, Robert Bruce, Amazon's director of...

ASICS chooses London for largest flagship store About 7 years ago

ASICS have announced the opening of a new flagship store in London, including all of its brands including ASICS, ASICS Tiger, Onitsuka Tiger and Haglöfs under one roof for the first time, the brand has made a multi-million Euro investment in the 840-square metre space.  The move comes as the...

DFS to buy Sofology About 7 years ago

Furniture retailer is set to acquire Sofology, with the acquisition set to add a “strong distinctive” brand and business to its portfolio as it looks to build on the success of its Dwell and Sofa Workshop acquisitions. Sofology currently has a network of 37 stores in the UK in addition...

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