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Nisa poised to sign exclusivity deal with Sainsburys About 7 years ago

Corner shop group Nisa are set to sign an agreement with Sainsburys, barring the group from entering talks with any other potential buyers. Nisa currently distributes on behalf of over 2,500 independently owned stores resulting in a turnover over £1.43bn, making it a desirable group for partnership considering the impending...

Ocado shares rise as Amazon acquire Whole Foods Market for $13.7 bn About 7 years ago

With supermarket chain Whole Foods Market set to be purchased by online retail giant Amazon, the share price of online supermarket Ocado saw a significant increase. This was due to much speculation suggesting that it might be the next target for an Amazon takeover, with shares spiking by 8.23% in...

Co-Op bank in talks with investors over £700m rescue package About 7 years ago

After being put up for sale in February, The Co-Op bank has announced that it is in discussions with its existing investors regarding a rescue package that will prevent it from being wound down. The deal will require some investors to exchange their debit for equity at a loss, in...

Tesco works to protect customers against rising food prices About 7 years ago

In the midst of rising inflation and subsequent rising cost pressures, supermarket chain Tesco are aiming to shield customers from hikes in store prices. The announcement came after the chain released figures detailing their best UK quarterly sales growth in seven years, with chief executive Dave Lewis noting that “in...

Same-day delivery is shown to have an impact on consumer choice About 7 years ago

Combined data from both the British Retail Consortium, Internet Retailer Magazine and Clouder.co.uk, information has been gathered indicating the changes in consumer behaviour relating to delivery times. 52% of those consumers asked, stated they would specifically choose a retailer that offers same-day deliveries over ones who did not, with an...

The White Company expand into the US market About 7 years ago

Stocking a range of lifestyle, homeware and clothing products, The White Company have begun its expansion into the US market. Opening in New York’s Fifth Avenue, the store will span 3,000 square feet following the launch of its commerce site back in 2014. Founder of the company, Chrissie Rucker said,...

Amazon to extend into online car dealership market About 7 years ago

According to a German newspaper, Automobilwoche, Amazon are hiring staff as a precursor to becoming an online car dealership in Europe. The company is one of the largest global online retailers and have announced plans to use Britain as the pilot European market for the move, a year after opening...

Sales at Liz Earle on the rise About 7 years ago

Upmarket luxury beauty brand Liz Earle has seen a growth in sales in the past few months. The brand which is owned by Walgreens Boots Alliance, saw its total sales rise by 6% compared to the 8 months to August 31st in 2015. Stocked by John Lewis, Boots and Fenwick,...

DFS shares plummet after general election warns of loss in profits About 7 years ago

Furniture retailer DFS saw shares in the company fall by 20%, with the company stating that "significant declines in store footfall leading to a material reduction in customer orders." Shares fell by as much as 24% before recovering to 20%, as the company released figures that wages for employees fell...

Scottish food sales boost retail sector amidst difficult trading period About 7 years ago

A rise in Scottish food sales has provided a much-needed boost to the per-tax profits and revenue in the Scottish retail sector. When compared to the previous May, grocery sales rose by 4.5%, opposed to the 0.7% decrease prior to this. This growth marked the fastest increase in the sector...

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