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Shoe Zone has announced its first set of results since listing as a public company, revealing a rise of £2.7 million in pre-tax profit.During the six months to April 5th, the company opened three stores, relocated two and completed 19 refits. The company also launched on Amazon in November and...
Google Glass has been released in the UK, making Britain the second market to get the prototype interactive eyewear after the US.Google Glass, currently a prototype, costs £1,000 and is only available to those over the age of 18.The launch has concerned many companies, such as the Vue cinema chain,...
The Living Wage Commission has said that the Government should make it a priority to roll out the ‘living wage’ to a million more low-paid workers by 2020.The commission said that the move was imperative to ensure that low paid workers get enough money to “enjoy a basic, but socially...
Sainsbury’s has announced a joint venture with Danish discount chain Netto to open 15 Netto stores in the UK by the end of 2015.Netto operated in the UK for 14 years before exiting in 2010 and selling its stores to Asda. The new Netto stores represent a "complete departure" from...
Supermarket Morrisons has announced a new round of price cuts in a war between UK supermarkets in the face of competition from discounters such as Aldi and Lidl.From today, the company will drop the price of 135 products by an average 14% as part of a campaign to win customers...
Chancellor George Osborne is expected to say that a high speed rail link connecting Manchester and Leeds is vital to creating a “northern powerhouse” to rival London. In a speech in Manchester, Mr Osborne is expected to say that the north of England needs a stronger economy in the north...
Fashion website ASOS has said that a fire at its Barnsley distribution centre on Friday was started deliberately and that South Yorkshire Police are looking into it as part of a criminal investigation.The fire broke out on Friday night just before 10pm, prompting a full evacuation of the premises, which...
Debenhams maintained its turnaround strategy it saw its like-for-like sales rising up by 0.7% in the last couple of months.The department store which had previously issued a profit warning said the rise had followed after the retailer decided to change its promotional strategy.Debenhams chief executive Michael Sharp said: “In April...
John Lewis saw it sales rise 4.6% last week thanks to the warm weather leading to a week of two halves for trading.Its online sales were up 21% on last year driven with a 46% increase in its click & collect sales.Barry Matheson, director of retail services at John Lewis,...
Shop Direct has poached Gap’s buying boss Zoe Matthews as it re-plans its buying and merchandising team.The Gap’s European buying boss, who also previously worked at House of Fraser, John Lewis and Marks & Spencer, will be joining Shop Direct on July 15th.Zoe Matthews’s new role will be to cover...
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