All articles by Luke Tugby – Page 176
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NewsShoppers ditch supermarket chains as small grocers make comeback
Shoppers are turning their backs on the big supermarket chains in favour of smaller local shops, according to the results of a new report.
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NewsMajestic Wine chief executive Steve Lewis steps down
Majestic Wine chief executive Steve Lewis has stepped down to be replaced on an interim basis by finance director Nigel Alldritt.
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NewsSports Direct sales growth slows after 'weak winter' across Europe
Sports Direct experienced slowing sales growth over its Christmas quarter following a weak winter sports season for its European stores.
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AnalysisIn the news: Tesco's newly appointed chairman John Allan profiled
Following a four-month search, Tesco’s hunt for a chairman came to an end last night as John Allan was revealed as the new man in charge.
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AnalysisJohn Allan appointed Tesco chairman: What the analysts say
Embattled supermarket giant Tesco ended its four-month hunt for a new chairman last night by appointing John Allan to the role. Here is what the analysts said.
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NewsCostcutter finance director Bob Marshall leaves the supermarket group
Costcutter finance director Bob Marshall has left his role after almost four years at the supermarket group, the retailer has confirmed.
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NewsMorrisons to roll out contactless payment to all stores
Morrisons has revealed plans to roll out contactless payment to all of its stores as part of a drive to make shopping trips “simpler and quicker”.
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NewsVinopolis site to become retail units after Meyer Bergman acquisition
A fund headed up by pan-European retail property investment manager Meyer Bergman has acquired the Vinopolis site in London in a multi-million pound deal.
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NewsSupermarket price war drives CPI inflation to lowest-ever level
The rate of Consumer Prices Index (CPI) fell to a record-breaking 0.3% in January, driven by lower fuel prices and the supermarket price war.
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NewsTesco to pay £20,000 to support towns affected by store cutbacks
Supermarket giant Tesco will pay out a £20,000 ‘community fund’ to two Cambridgeshire towns affected by the grocer’s store cutbacks.
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NewsEtail giant Amazon hit by intermittent website outages
Amazon shoppers struggled to complete their online orders yesterday after the etail giant’s website was struck by intermittent outages.
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NewsTesco staff given deadline to apply for voluntary redundancy
Thousands of Tesco head office staff have been offered the chance to apply for voluntary redundancy as the grocer continues to cut costs.
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Analysis
Analysis: Will 2015 be a big year for big-ticket furniture retailers?
After years of struggle during the economic downturn, there’s a sense that a big comeback is on the cards for big-ticket furniture retailers.
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NewsDiscounters Aldi and Lidl achieve combined 10% market share
Discounters Aldi and Lidl now account for more than 10% of all grocery sales, according to Nielsen figures released today.
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NewsHammerson unveils new shopping centre gift-card programme
Shopping centre owner Hammerson has unveiled a new gift-card programme at its sites across the UK.
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NewsRetail bosses split over David Cameron's call for pay rises
Retailers are divided on how to fulfil Prime Minister David Cameron’s calls to offer staff pay rises.
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NewsIntu unveils new customer lounge at its Lakeside shopping centre
Shopping centre owner Intu has unveiled its first customer lounge at its Lakeside mall and will roll out the format to centres across the UK.
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NewsPoundland shareholder Warburg Pincus sells 10% stake in the retailer
Poundland’s biggest shareholder Warburg Pincus is selling a 10% stake in the retailer days after it announced it was buying rival 99p Stores.
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AnalysisDunelm profits and sales surge: What the analysts say
Dunelm has reported a pre-tax profits surge of 10.7% to £68.2m and like-for-likes growth of 6.2% for the 26 weeks to December 27.
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NewsMorrisons wields the axe on Dalton Philips' misting machines
Misting machines that were championed by outgoing Morrisons chief executive Dalton Philips have now been binned by the grocer.