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Waitrose has seen sales of ‘affordable fine dining’ grow in the past week, including restaurant-quality ready meals, shellfish, exotic fish and caviar. Venison saw big increases, due to increased availability, with sales rising by 36%. The news co-incides with the supermarket’s new TV campaign pushing its value-based proposition including its ‘pick your...
Independent grocer Nisa has appointed former Amazon executive Steven Cook as head of IT operations. He will be tasked with developing the IT and support systems at the company. “We are really pleased that Steven is joining Nisa to further strengthen our excellent and experienced IT team as we embark on...
British shoe chain Brantano has gone into administration after Christmas trading and footfall fared worse than expected. Accountancy firm PwC has been appointed administrators. The company, which was bought along with Jones Bootmaker by private equity firm Alteri in 2015, blamed unseasonable weather for weak consumer demand. Tony Barrell, lead administrator at PwC,...
Latest figures show that 64% of retail staff support the proposal for an extra two hours Sunday trading at the bigger stores on Bond Street, Oxford Street, Knightsbridge and Regent Street. Figures also show that 69% of staff around Croydon, West Croydon, Stratford and further areas also support the extension as...
Business growth in Pets at Home’s third quarter has risen, as the chain announced the acquisition of a veterinary hospital. The UK pet shop chain said like-for-like its sales over the three months to December 31st 2015 increased by 2.2%. A high demand for vet and grooming services has helped boost total...
A return to growth in cycle sales over Christmas has helped Halfords to get revenues back on track after a patchy summer. In the 15 weeks to January 15th, Halfords saw like-for-like sales rise 0.3%, boosted by a 1.1% jump in cycle sales. As a result, Halfords said that its expectations...
Waitrose launches new ‘value-focused’ TV campaign Upmarket grocer Waitrose is to launch its first TV advertising campaign that will focus on value, in order to counter the rise of low cost rivals such as Aldi and Lidl. The supermarket was overtaken by Aldi as the sixth largest grocery chain in the UK...
Electricals specialist Maplin has said that a combination of Black Friday and Christmas boosted like-for-like sales by 2.3%, with CCTV equipment and drones proving popular with consumers. Over Black Friday, the chain reduced some prices by over 70% and increased stock levels by 200% on its most popular ranges. Although this...
Swatch has partnered with China’s Bank of Communications, China UnionPay network and Visa in order to launch its first contactless payment system encased in a watch. The Bellamy, which will compete with the likes of Apple, Samsung Pay and Android Pay, has potential to be used in markets with less access...
Fashion chain Next has said it has identified a “procedural oversight” with regards to its dividend payments. Next said that it had failed to file accounts ahead of payouts in 2014 and 2015 in contradiction of the UK Companies Act, which requires companies to demonstrate that they have sufficient reserves for...
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