All articles by Luke Tugby – Page 142
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NewsH&M secures store at Exchange Ilford amid clutch of new signings
Fashion giants H&M and New Look are among a clutch of retailers that have secured new units at the 300,000 sq ft Exchange, in Ilford.
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VideoThe Retail Week: Christmas trading, Sports Direct and Ocado
Catch up on this week’s big retail stories with analysis from news editor James Wilmore and reporter Luke Tugby.
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AnalysisAnalysis: Retailers pin hopes on late Christmas spending spree
Retailers are set for a late December sales rush with “pent up spending power” poised to help them bounce back from a sluggish November.
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NewsWalmart launches its own mobile payment service after shunning Apple Pay
Walmart is poised to go toe-to-toe with technology giant Apple after launching its own mobile payment service via its existing smartphone app.
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NewsZara owner Inditex reports 20% hike in profits amid store expansion plan
Zara owner Inditex’s net profit rose 20% to €2.02bn (£1.46bn) during the nine months to October 31.
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NewsOcado fourth-quarter sales jump 13% as order numbers continue to grow
Online grocer Ocado has reported a 13% jump in fourth-quarter retail sales to £351.8m as order numbers also climbed.
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NewsSports Direct profits rise as it drives sales of higher quality products
Sports Direct has reported a 3.6% jump in underlying pre-tax profits during its first half as it drove higher sales of better quality products.
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NewsTesco-owned garden centre chain Dobbies slumps to £48.4m loss
Tesco-owned garden centre chain Dobbies has slumped to a full-year pre-tax loss of £48.4m after writing down the value of its portfolio.
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NewsChristmas retail sales could jump 4% after Black Friday disappoints
Retail sales could grow by up to 4% in December and surpass the £42.5bn mark, market research firm Mintel has predicted today.
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AnalysisAnalysis: November Retail Sales Monitor, sector by sector
Retail sales fell 0.4% on a like-for-like basis as Black Friday promotions failed to bring an expected boost to sluggish November spending.
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NewsCo-op chain loses £43,000 after accidentally offering shoppers 20% off
A regional Co-op chain accidentally offered customers a 20% discount across its entire store estate, costing it more than £40,000 in sales.
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NewsTesco plastic bag usage down 78% since introduction of 5p government levy
The number of single-use plastic bags used by Tesco customers has plummeted almost 80% since the 5p plastic bag levy was introduced.
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NewsTesco executive Jill Easterbrook to leave the grocer after 15 years
Tesco stalwart Jill Easterbrook is quitting the supermarket giant less than a year into her role as business transformation director.
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NewsGrocers rally to deliver emergency supplies in wake of Storm Desmond
Britain’s supermarket giants have rallied to help deliver essential supplies to families affected by flash floods in the northwest of England.
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NewsCath Kidston losses widen amid 'substantial investment' in Asian expansion
Cath Kidston’s full-year losses have widened to £14.2m despite soaring international sales as it continues its expansion in Asia.
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NewsMorrisons falls out of the FTSE 100 after share price slump
Supermarket giant Morrisons has fallen out of the FTSE 100 for the first time in more than 14 years after its share price plummeted.
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NewsDisposable income rises 9.6% but consumers set to spend less this Christmas
Just one in 10 people are planning to spend more this Christmas than they did last year despite the average weekly disposable income rising to £193.
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NewsSeven in 10 to shop at discounters over Christmas period
Seven out of 10 people will shop at discount duo Aldi and Lidl over the Christmas period as consumers hunt for festive food bargains.
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NewsShop prices tumble at record rate amid Black Friday build-up
Shop prices fell at record rates in November as retailers engaged in heavy promotional activity in the build-up to Black Friday.
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NewsWatch: The Co-op emphasises community role in Christmas ad campaign
The Co-op has become the last major grocer to launch its Christmas ad as it bids to hammer home its role within communities across the UK.