Latest news

10 recent articles.

John Lewis has a new Trading Director

Simon Coble will join the John Lewis management board in January, and report into the department store chain’s managing director Paula Nickolds. His responsibilities will include leadership of the trading team, which includes the buying and merchandising teams. Coble will be joining the business from The Body Shop where he was managing director...

11 hours ago

Ocado tells of strong sales growth despite driver shortage

Online grocery retailer Ocado have seen that its quarterly retail revenue climbed up by 11.6% to £373.8 million despite a driver shortage impacting sales growth. The retailer grew its average orders per week by 11.1% to 280,00 in the 14 weeks to 3 December. The average order size was up too, rising by...

11 hours ago

Inditex profits and revenues continue to grow

The world’s biggest fashion retailer Inditex has reported growing revenues and profits amid its third-quarter results. In the nine months to October 31st the Zara owner posted net sales of £15.83 billion, up 10% from £12.96 billion a year prior. Profits also jumped 9% to £9.08 billion, while gross margins hit 57.4%....

1 day ago

WHSmith opens their latest concept stores at Melbourne airport

The redevelopment of Melbourne Airport’s T2 International has given the book an stationery retailer the opportunity to relaunch its convenience, news and books concept within the terminal. WH Smith said the new look shops aim to meet the ever-changing expectations of customers in both design and product ranges. While the stores stock a...

1 day ago

Subway launches its latest forecourt store with Euro Garages

The move into forecout stores is part of Subway’s strategy to increase the number of stores in non-traditional locations such as petrol forecourts, convenience stores, hospitals, transport hubs, universities and colleges. The new store at Eastville Park in Bristol is the first non-traditional location in the UK to carry the new...

1 day ago

Dixons Carphone posts drop in first half profit

In the six months leading up to the 28th October, Dixons like-for-like sales were up 4% as the company experienced like-for-like growth across all of its markets. UK and Ireland like-for-like revenue was up 2% in the period while sales in the company’s Nordic region and in Greece rose by 8% and...

1 day ago

New figures: footfall picks up in run-up to Christmas

Springboard have released some very interesting data, footfall in the week commencing 4th December saw an uplift of 1.8% on the previous week. Despite only two full trading weeks left until Christmas, this was not enough to translate into an annual increase, with numbers overall dropping by 1.5% against 2016. However,...

2 days ago

Carpetright have lowered full year forecast

Underlying pre-tax profit was £2.1 million compared to £5.1 million during the six months leading up to the 28th October,  in the same period in the previous year although group revenue was up 2.6% to £228.1 million. UK sales in the first half of the year increased by 0.7% with growth of...

2 days ago

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