Retail news
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Retailers hail apprenticeship success
- Posted:
- 08 February 2012 10:04
Some of the UK's leading retailers came together on Monday to promote the value of retail apprenticeships at the start of national apprenticeship week. Speaking at the event, organised by Skillsmart Retail, Judith Nelson, UK and ROI personnel director for Tesco, said: "At Tesco, we believe in helping our people ...read more
Tesco sees first market share dip in seven years
- Posted:
- 01 February 2012 09:57
Tesco has seen its share of the grocery market dip below 30% for the first time in nearly seven years as it struggled to compete with low-cost rivals in the sector, figures showed today.Tesco's drop in market share, to its lowest level since May 2005, came as Sainsbury's took its ...read more
WH Smith on track to meet expectations
- Posted:
- 25 January 2012 10:06
WH Smith's chief executive Kate Swann has said that the chain delivered a resilient performance today, having withstood a slide in high street sales.Ms Swann said that the company was still on track to meet City profit expectations of just under £100 million, after profit margins improved at both its ...read more
Tesco "disappointed" after weak Christmas
- Posted:
- 12 January 2012 10:30
The UK's largest supermarket group, Tesco, has revealed a worse-than-expected drop in sales in the run-up to Christmas as it admitted its Big Price Drop low price campaign had failed to pull in the anticipated number of customers. The grocer triggered a price war with its £500 million price-cutting campaign ...read more
Sainsbury’s tops financial expectations
- Posted:
- 11 January 2012 10:20
Supermarket giant Sainsbury's pledged to extend its price matching scheme today as it revealed better-than-expected sales in the run-up to Christmas.The UK's third biggest supermarket saw like-for-like sales excluding fuel grow 2.1% in the 14 weeks to January 7th, with customer transactions in the week before Christmas increasing by 1.5 ...read more
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