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John Lewis have announced that it will be making major redevelopments to its Edinburgh store, with costs nearing £24m. At the heart of these improvements will be the new Smart House concept, which combines connected gadgets and tech into one synchronised system in the home. Other additions include an additional...

 Co-operative Group’s overall performance has been hailed as stellar by the group’s chairman, Allan Leighton. Speaking on the figures the company have reported in the last week, he noted that despite having to write off its financial arm, other areas of the business reported pleasing results. The core food stores,...

The average UK household has seen a rise of £21.31 to their shopping bill, due to the price of everyday goods increasing by 2.3% on the last year. Items such as butter, tea and fish continued to rise, according to new grocery market data from Kantar Worldpanel. Some of this...

A meeting of the Board of Directors of the Benetton Group took place yesterday, where it was announced that the company had accepted the resignation of chief executive officer Marco Airoldi. During the meeting, Tommaso Bruso was appointed as chief operating officer and chairman, Francesco Gori was granted powers over...

For the 11 weeks to March 11th British retail group Mothercare, saw like-for-like sales rise by 4.5% bringing a solid end to the financial year. The company had a difficult start to 2016, operating at a loss in the first half of the year prior to seeing a recovery over the...

In the UK, sales of organic wines are increasing as the growing ‘conscious consumerism’ trend continues to gain traction. According to the Soil Association, an organic food and farming group, sales of organic wines, beers and spirits rose by 14.3% last year, resulting in total sales almost reaching the £6m...

Online fashion retailer ASOS benefitted from the fall in the value of the pound as they saw pre-tax profits rise by 14%. The company said that the fall, brought about by the Brexit vote in June, increased their exports allowing them to cut prices. As a result of this UK...

Of the ‘big four’ supermarkets, Morrisons performed best in the past twelve weeks, with sales increasing by 0.3%. Both Lidl and Aldi made substantial gains in market share, with the two discount chains now accounting for 11.7% of the grocery market. Overall grocery sales saw growth slow to 1.4% compared...

The Co-Operative Group have written off the value of its former financial arm, Co-Operative Bank, amongst continuing uncertainty about its future. Despite the poor performance of the bank, other aspects of the brand have brought in positive results according to insiders. The move to write off the debts is likely...

Fashion retailer Jaeger are now poised to enter administration this week, meaning over 700 jobs and 25 of the company’s stores are at risk. A source was quoted as saying Jaeger was ‘unfixable’ in its current form, noting that it has struggled to turn a profit since private-equity company Better...