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Boohoo.com plc set to raise revenue forecast after good trading About 8 years ago

The fashion retailer, Boohoo.com have announced that they will be increasing their revenue forecast for the full year after a very strong trading period. The company now hopes for growth of 50% in revenue, up from the 46-48% earlier predicted. In the four months to December 31st, they reported growth...

Asda to invest in free range milk line About 8 years ago

Asda have decided to release a line of free range milk products, obtained from cows that have been kept outside for at least 6 months of the year. The free range milk will carry a Pasture Promise, ensuring not only cows having more licence to roam outside, but also a...

Greggs sales near the £900m mark About 8 years ago

British bakery company, Greggs have posted sales figures of almost £900m for the year to December 31st, marking an improvement on the performance in the previous year. Overall sales for the year amounted to £894m compared with 2015’s total of £836m. Much of the success was attributed to the brands...

Primark to announce a rise in like-for-like sales About 8 years ago

Clothing retailer Primark, are set to release sales figures which show an 11% rise in total sales in the half a year up to March 4th. The actual amount of the increase with exchange rates taken into account, is closer to 22%. Much of the success was attributed to increased...

Maplin see success in new store format trial About 8 years ago

Maplin have trialled a new store format, created by design group, 20.20.  Located in Cambridge, the store focuses on not only maintaining its current customer base, but also to draw in more casual shoppers who may have been put off by the store’s reputation for specialising in electronics. The technology...

Fairtrade products see revenues begin to rise again About 8 years ago

Fairtrade goods such as bananas and coffee have seen an increase in sales, with total revenue rising by 2.6%. The rise in sales will contribute approximately £30m in premiums, which can then go on to be used for social projects in countries such as Malawi and the Dominican Republic. Fairtrade...

Study shows that some UK retailers still lack plans for Brexit About 8 years ago

A recent study found that almost half of UK retailers have felt the impact of the Brexit vote, although a third have also reported rises in international sales due to the falling value of the pound. The study, ran by ecommerce specialist Global-e, featured 250 British retail decision-makers. It found...

Aldi set to takeover former BHS location in Edinburgh About 8 years ago

Cameron Toll shopping centre is due to see the opening of a new Aldi location, with the discount supermarket taking over a former BHS location.  It follows the store overtaking Co-Op in becoming the fifth largest supermarket in the UK, further expanding on the strong performances by the discount supermarkets...

Retail sales volumes seem to recover from poor January performance About 8 years ago

According to the latest CBI Distributive Trade Survey, retail sales volumes made marginal growth in February after lacklustre performances from retailers in January. 128 companies were surveyed with 64 of them being retailers, with the results suggesting that sales are also expected to increase at a slowed rate in March....

Government to aid small companies with change in business rates About 8 years ago

The government is set to offer small firms and companies extra aid with the coming changes to business rates. After facing backlash from such companies as well as some Conservative MP’s regarding the changes, Chancellor Phillip Hammond announced that new measures set to help deal with the rates will be...

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