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Warning of a “lethal cocktail” for retailers given by Tesco chief executive About 9 years ago

Dave Lewis, chief executive at supermarket Tesco has warned that retailers face a ‘lethal cocktail’ of tax and costs as the industry faces £14billion of extra expenses over the next five years, including the new national living wage and business rates. Commenting at the Confederation of British Industry’s conference, he said:...

Pandora reports strong UK sales growth About 9 years ago

Pandora has seen its UK revenue increase by 50.5% in its third quarter compared with the same period last year, as well as strong growth in its like-for-like sales, which rose by 17.5%. During the period, Pandora opened 10 new stores, bringing the total in the UK to 179. The Danish jewellery...

Asda to “scale back” Black Friday deals after 2014 chaos About 9 years ago

Supermarket Asda is reportedly scaling back its Black Friday offers after last year’s event saw too many big ticket items being sold at a loss and food sales slumping in the electronics-centred shopping frenzy. Instead of one-day deals seen in 2014, which caused such chaos that some shoppers were arrested in...

Balmain launch at H&M causes fracas on Regent Street About 9 years ago

The launch of Balmain at H&M caused scuffles on Regent Street as shoppers aimed to get a bargain. With queues starting the day before, police were present to keep the crowds calm along with a police car parked on the pavement. With shoppers ranging from twentysomethings to students in designer hoodies, they...

Morrisons sees 2.6% decrease in sales About 9 years ago

Supermarket Morrisons has reported that its sales have dropped 2.6% in the three months to November 1st, excluding fuel, in comparison to a 2.4% decrease in the prior three months. The drop comes as the supermarket is holding back on promotional vouchers which has meant customers putting less items in their...

Same-day delivery battle between Argos and Amazon About 9 years ago

It has been reported that online retailers Argos and Amazon will go head-to-head with each other to deliver goods to customers with its same-day delivery service. Launching its Prime Same Day service, Amazon are offering customers who already have the Prime service to purchase items before midday & receive their goods...

Missguided expands headquarters in Trafford Park About 9 years ago

Online fashion retailer Missguided will be expanding its headquarters in Trafford Park, Manchester. The move comes as the company has hired 100 new staff, bringing its total to 320. The 45,000 sq. ft, 4-storey building will be facing Manchester’s Media City. The new headquarters includes a selfie tunnel, a coffee shop, swings...

John Lewis Christmas advert 2015 About 9 years ago

John Lewis has released its Christmas advert, with seven weeks to go before the big day. Titled the Man On The Moon, this year’s advert is set to a cover of the Oasis track “Half The World Away”. It features a six-year-old girl called Lily trying to reach an elderly man...

Currys PC World Christmas advert features Hollywood A-lister About 9 years ago

Electrical retailer Currys PC World has today announced that its Christmas advert, “Spare the Act” will feature Hollywood A-lister Jeff Goldblum. The campaign has five separate adverts and Jeff Goldblum features in all of them suggesting that at times people have to act to keep up the Christmas spirit. However as...

Like-for-like sales climb for Supergroup About 9 years ago

The company that owns Superdry, Supergroup, has announced that its like-for-like sales increased 15.5% in its second quarter, enhanced by online sales. Figures show that the company’s revenue in its first half of the financial year rose 22.4% to £254.9million resulting in a strong new store pipeline. Supergroup opened 14 new stores,...

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