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Whilst stores in its travel locations rose by a total of 5%, the retailer felt the effects of a difficult economic market, which saw sales in its high-street locations fall by 4%.  In a statement, the company said that, “Whilst there remains some uncertainty with regards to the broader economic...

Luxury fashion company Mullberry have seen a rise in its retail sales, making a total increase of 8% whilst like-for-like sales rose by 5%. Revenue from the company’s digital sector rose by a total of 19%, meaning the sector now accounts for 15% of the total revenue of the company....

Supermarket chain Waitrose have announced plans to boost its partnership with charity Fareshare, by making additional funding and volunteers to groups involved with the project. Marking a first for a supermarket, groups who collect surplus food will be offered funding from the Waitrose Community Matters scheme. Waitrose sustainability manager Laura...

Amidst economic uncertainty and the continued impacts of deflation, discount supermarket chains Lidl and Aldi have announced plans to enter the US market. Aldi plan to spend upwards of £2.5bn over the next five years, with the intention of opening roughly 900 supermarkets, whilst rival chain Lidl is preparing to...

The steady surge of online sales assisted in bringing Ted Baker’s year-on-year sales up by 14.3% in the 19-week period to June 10, despite the challenging economic climate which has effected several well-known retailers. Online sales rose by 35.9%, following the trend of continued growth in the online retail market....

Analysts at Bernstein have predicted that supermarket chain Tesco will announce a like-for-like sales increase in its first quarter financial figures. As inflation drives the prices of produce up and therefore can increase sales for the top supermarkets, it can also have the effect of driving customers to source cheaper...

According to Drapers, both menswear director Christopher Englinde and accessories and beauty director Amanda Wain resigned from their posts this week. Having announced a 44% drop in profits the previous week, news of the resignation comes as the latest in a string of difficult circumstances caused by a downturn in...

British consumers reduced their spending for the first time in four years, prior to the election results last week. Adjusting for inflation, monthly spending fell by 0.8% on the same period last year, marking the first fall in said spending since September 2013 according to card payment company VISA. Sales...

Brazilian firm Natura have won the race to acquire the body shop, with parent company L’Oreal choosing to sell the beauty chain for $1.1bn. The move comes after L’Oreal acquired the chain 11 years ago with the buyer, Sao-Paulo based cosmetics manufacturer Natura being the largest in Brazil, operating in...

Swedish retailer Ikea are set to trial selling their products on websites other than their own for the first time. The plans involve selling their products and third-party websites such as Amazon or Chinese site Alibaba, both of which have declared an interest in moving into the furniture market. Torbjörn...