All News articles – Page 930
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NewsJohn Lewis weekly sales dip after early November peak
John Lewis reported a year-on-year sales slip of 2.4% in the week to December 20 following November’s early peak.
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NewsThorntons warns on profits amid grocery turmoil and warehouse woes
Chocolate specialist Thorntons has issued a profit warning after grocers cut orders and gremlins struck at its new warehouse.
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NewsDFS reports 53% surge in profits following 'record' 12 months
DFS has reported a 53% surge in profits for its first quarter, ending a “record” 12 months period for the furniture retailer.
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NewsHigh street retailers braced for busiest day as shoppers make final dash
High street retailers in the UK are expecting today to be their busiest of the year as consumers do their last minute Christmas shopping.
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NewsBreakfast briefing: Retail news on Sainsbury's, Waitrose, Tesco, American Apparel and more
Retail news round-up on December 23, 2014: Sainsbury’s and Waitrose suffer web glitches; Tesco still dominates Irish market; American Apparel evaulates takeover offer; UK shoppers to spend £1.3bn on credit before Christmas
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NewsBooths toasts strong food and drink sales on back of Christmas catalogue
Booths is celebrating a rise in home delivery and click & collect orders this season thanks to strong demand for its catalogue products.
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NewsHigh street footfall down on the last weekend before Christmas
The number of people hitting the shops over the last weekend before Christmas fell as consumers increasingly choose to buy online.
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NewsTesco and auditor PwC to be investigated by Financial Reporting Council
The Financial Reporting Council (FRC) has launched an investigation into the role auditor PwC has played in the overstating of Tesco profits.
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NewsTesco suppliers embroiled in Serious Fraud Office investigation
Suppliers are expected to be interviewed by the Serious Fraud Office (SFO) as part of the investigation into Tesco’s profit overstatement.
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NewsSir Terry Leahy predicts turnaround for big four grocers in 2015
Former Tesco boss Sir Terry Leahy is predicting a turnaround for the big four supermarkets in 2015 and a more buoyant Christmas this year.
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NewsKingfisher sells controlling stake in B&Q China for £140m
Kingfisher has sold a controlling stake in its B&Q China business to Wumei Holdings for £140m as it seeks to focus on its European business.
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NewsBreakfast briefing: Retail news on Tesco, Zara, Panic Saturday and more
Retail news round-up on December 22, 2014: SFO to probe Tesco suppliers; Zara launches home store format; shoppers spend £1.2bn on ‘panic Saturday’; retailers poised for record online Christmas Day spending; Sainsbury’s boss Mike Coupe warns of two more years of pain.
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NewsEU agrees to cap debit and credit card fees
The EU has agreed to cap the cost of processing debit and card payments fees in a move that has been welcomed by retailers.
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NewsShoppers to spend £6.5bn on groceries during Christmas period
Shoppers will spend £6.5bn on groceries in the two weeks to Christmas as supermarkets drastically increase levels of advertising.
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NewsRigby & Peller to open its tenth UK store this weekend
High-end lingerie retailer Rigby & Peller will open its tenth UK store on Saturday with a boutique in St John’s Wood in London.
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NewsOak Furniture Land to open 57 sofa showrooms by Boxing Day
Oak Furniture Land will launch a sofa proposition by Boxing Day that will include 57 showrooms across the country.
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NewsInfographic: Waitrose sales climb 7.3% as the Christmas surge continues
Sales at Waitrose rose 7.3% in the week to December 13 as the seasonal shopping surge continues at the upmarket grocer.
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NewsAmazon launches one-hour delivery for New York customers
Amazon has started offering one-hour delivery in Manhattan, as the etailer giant continues to develop its premium Prime service.
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NewsConsumer confidence falls to its lowest level since March
Consumer confidence has fallen two points in December to its lowest level since March as uncertainty about next year rises.
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NewsChristmas spending grows 4.2% on last year following Black Friday boost
Consumer spending was up 4.2% on last year over the first part of the Golden Quarter, according to Barclaycard spending data.