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The British Retail Consortium (BRC) and Nielsen have released figures showing that shop prices have fallen 1.4% year-on-year in July which will be the 27th consecutive month.Figures also show that in July food prices increased 0.4% compared to the same period the previous year, while non-food deflation rocketed from 1.9%...
Supermarket giant Morrisons has announced its new group hr director, Clare Grainger.With almost 25 years’ experience in the industry, Ms Grainger has mainly worked in the retail sector and previously in Asda.Before starting her new position in September, Ms Grainger has held the position of interim Group Retail Director as...
Travis Perkins, who owns DIY chain Wickes, saw revenue in their consumer division rise by 8.6% to £693 million in the first half of their financial year.The retailer, which also includes Toolstation, increased its like-for-like sales by 6.5% in this period.Travis Perkins said their performance was improved by continuous improvements...
Luxury department store Selfridges has already opened its Christmas shop four months prior to the big day in a bid to get tourists spending money in the flagship store.Tourists and Londoners can head down to Selfridges to have browse through items such as over 120 crackers, 150 varieties of trees...
MySupermarket.co.uk, the groceries website, has reported today (August 4th) that the price of an average basket of products has fallen from £86.84 to £86.11, compared to the same products the previous year which were priced at £91.39 6% more.Figures show that the products that have dropped are items such as...
John Lewis is set to launch a new fashion and lifestyle concept (FOUND at John Lewis) set in a boutique shopping environment that will offer both fashion and homeware items all in one place, some by labels that are new to John Lewis and others by already familiar names.To be...
Top supermarket chain Waitrose has announced that it is to open a small branch in London’s South Bank district in July 2016 in the new multi-million pound development.The multi-million pound development that is run by CIT, private equity real estate business and Jadwa Investment will feature 36,000 sq ft of...
It has been revealed today (3 August) that shopping complex Liverpool ONE has unmasked YO! Sushi’s new look which has been inspired by the neon lights of Tokyo.The new image which was created by Innsight Design’s, Alison Cooper, features the Tokyo skyline, LED screens and new lighting.Director of portfolio management...
JD Sports has reported an ongoing strong performance with like-for-like sales remaining in excess of management forecasts. However, the sportswear retailer had suffered some loss of margin from the weakness in the Euro in its Euro-denominated business.After a continuing progressive performance, JD now expects its headline profit before tax for...
Fashion retailer Bonmarche has reported that it’s seen a good start to its financial year despite like-for-like sales dropping by 0.7% in its first quarter, compared with its previous quarter that saw a drop of 3.3%.Figures show that in the 13 weeks to June 27 in-store like-for-like sales decreased 1.7%,...
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