Retail news
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100 ex-Woolies stores still empty
- Posted:
- 19 January 2012 10:10
Over 100 stores that once belonged to collapsed high street retailer Woolworths are yet to find tenants three years after its collapse, it emerged today.Some 13% of the 807 former Woolies stores are empty, compared with 30% a year ago, according to a report by The Local Data Company.Discounters (29%) ...read more
Online error leads to sofa mix-up at Next
- Posted:
- 19 January 2012 10:09
Next has apologised to customers for having to cancel orders after the cost of sofas was inaccurately displayed to customers visiting its online store. According to a report in the Mail Online, a pair of sofas worth £1,198 was listed on its website for just £98.Mail Online said internet shoppers ...read more
La Tasca launches first loyalty card
- Posted:
- 19 January 2012 10:08
Spanish restaurant chain La Tasca has launched its first loyalty card in a strategic approach to reward loyal customers. Available from Monday, the card with initially provide diners with 20% off their total food bill but the scheme will also feature promotions and events throughout the year. It will be ...read more
Matalan sales boosted in Christmas run-up
- Posted:
- 18 January 2012 10:08
Out-of-town fashion and homeware retailer Matalan has celebrated the success of its Christmas television advert as it revealed a surge in sales in the run-up to the festive period.The 190-strong chain said like-for-like sales in the five weeks to December 31st increased 9.9%, up from 1.3% in the 13 weeks ...read more
Wetherspoon warns on expansion slowdown
- Posted:
- 18 January 2012 10:08
An improved sales performance provided Christmas cheer for JD Wetherspoon but the pub chain's chairman also warned that its expansion plans may have to be scaled back in the face of more tax hikes.The chain, which operates some 850 pubs, is on track to open 50 sites in the year ...read more
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