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John Lewis’ JLAB talent “incubator” has picked a shortlist of five start-up companies to invest in. The five finalists will all be given initial funding of £12,500 as well as access to John Lewis’s technology and a mentor panel that includes execs from the retailer, as well as Confused.com founder...
The supermarket giant Tesco has confirmed that it has ended its talks regarding potential partnership options for its business in Turkey.In a statement the supermarket said: “We are committed to driving value from all our businesses and, for Kipa, we believe that this is best achieved by accelerating our plans...
Morrisons has launched a transparent price tracking service on its website that will allow customers to find out the past prices of products.As part of its recent Morrisons ‘I’m cheaper’ price cuts campaign, the tool will enable shoppers to be able to monitor the price history of products and be...
Selfridges is set to begin a five year £300m revamp on its Oxford Street flagship store.The work which is set to begin next month will be expanding Selfridges’ accessories department so that the handbag area will double in size.Managing Director Anne Pitcher said: “We have the opportunity to create the...
The luxury lifestyle brand Orlebar Brown is to open a two-year lease store this month at Floral Street, Covent Garden and Sloane Avenue, Chelsea as well as planning to open a raft of stores across London, Cannes and the Hamptons in New York.The swimwear-focused company which launched in 2007 currently...
Tesco Extra has announced it will be opening six new giraffe cafés within stores this summer.New sites opening which include Sutton Cheam, Cirencester, Newcastle Upon Tyne, Poole in Dorset, West Durrington in West Sussex, and a second Scottish opening in Glasgow will all have the new café concept which has...
Moss Bros Group said its overall trading performance has improved on the prior year, in line with market expectations.The menswear retailer saw its like-for-like retail sales, including e-commerce, were up 8.5% as its new season's ranges performing well.Moss Bros chief executive Brian Brick said: "We are pleased that retail sales...
Tesco is to stop sweets and chocolates being sold near its tills by the end of 2014 after conducting research into the issue and in a bid to help customers make healthier choices.The latest announcement will affect Tesco Metro and Express stores throughout the UK.Tesco chief executive Philip Clarke said:...
The clothing brand, whose chairman is former Mark & Spencer chief executive Sir Stuart Rose, mentioned current equity market conditions as the main reason behind the decision. The company was looking to raise £110 million through the flotation.In a statement Fat Face said: “Fat Face Group announces that despite a...
Lush has been named as the number one shop in the 2014 Which? shops survey.The survey is based on the views of 12,500 shoppers, and produces customer scores for 100 of the UK's biggest shopsThe cosmetic company reclaimed the top spot it held in 2012 after customers rated it highly...
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