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Scotland has continued to see a decline in retail, with sales falling by 0.5% against the same month in 2016. The figures from the SRC-KPMG sales monitor, which showed non-food sales declined by 4.2% compared to June 2016, were described by the Scottish Retail Consortium as “disappointing”. The figures also...

In the 53 weeks to 2 July, revenue for the British chocolatier was £105 million. On a comparable basis, revenue for the 52 weeks ending on 25 June was £104 million, which was an increase of 12% on the previous year. Co-founder and chief executive of Hotel Chocolat, Angus Thirlwell...

The department store chain said the final week of its clearance sale was the strongest week to date in the current financial year for sales of photography equipment, as customers began preparing for their summer holidays. In addition to this, electrical and home technology sales were up 9.9% with sales...

Zalando have announced it is expecting adjusted EBIT for the first half of the year to come in at €100-106m, with a margin of around 4.8-5.1%. In the second quarter of 2017 the company’s revenues grew by 19-21% to €1.091bn to £1.109bn. Rubin Ritter, Zalando co-chief executive said: “We are...

According to consultancy firm PwC, the record levels of employment will not prevent the economy’s growth rate slowing down. The effects of the falling pound led the firm to predict that consumer spending will be squeezed by rising inflation and falling living standards, whilst the economy’s growth rate was still...

West Ham chief executive officer Karren Brady is to take the role of head of Taveta following the news that Anthony Grabiner had stepped down with immediate effect. The firm currently owns the Arcadia Group, which in turn owns fashion chains including Topshop, Topman, Miss Selfridge and Dorothy Perkins. Speaking...

According to figures published by the British Retail Consortium, high-street footfall increased by 0.9% and retail parks by 2.3% in June. Footfall in shopping centres however, fell by 0.8%, with Springboard marketing and Insights director Diane Wehrle noting that “The uplift in footfall in June, compared with the 1% drop...

A report by influential academics has suggested that the ministers and the public have become complacent after decades of consistent food supplies and stable prices for the UK, which will be greatly affected by Brexit. Written by food policy experts, the report also states that without significant policy changes Britain...

ASOS have announced a new app enabling customers to search for clothing using photos from magazines or social media. The app is designed to show similar clothing styles to the ones depicted in the images, with 10% of its customers currently having access to the service. Other retailers offer similar...

EE has announced that it will be adding 116 new stores through its partnership with Sainsbury’s Argos. This will consist of 16 concessions in Sainsbury’s supermarkets as well as a further 100 new tie-ins with Argos. The deal will create 400 new retail jobs, with  EE CEO Marc Allera commenting...