Retail news
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Ocado Christmas sales boosted by own-labels
- Posted:
- 12 January 2012 10:33
Online grocer has said that Christmas trading was "encouraging", in a rare good-news story for retail sales in January. In the seven trading days to Christmas, gross sales were up 23.8% from 2010 at £18.7 million, with customer orders up 21.8% on 2010, boosted by an 88% rise in own-label ...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
Rivals "reduce Tesco market share"
- Posted:
- 11 January 2012 10:14
Rival supermarkets took a slice out of Tesco's market dominance over Christmas, according to figures released today.Ahead of the retailer's festive update on Thursday, research firm Kantar Worldpanel said the chain's share of the market for the 12 weeks ending on Christmas Day dropped from 30.5% a year ago to ...read more
Work experience "key to graduate jobs"
- Posted:
- 11 January 2012 10:09
Graduates without work experience have bleak chances of securing a job this year, despite a rise in vacancies, new research suggests.More than a third of the graduate vacancies available this year are expected to be taken by people who have already worked for the firm while they were studying, according ...read more
Blacks Leisure is sold to JD Sports
- Posted:
- 10 January 2012 09:59
Sportswear firm JD Sports Fashion has bought Blacks Leisure out of administration for £20 million.JD Sports bought the 290 stores, including both the Blacks and Millets names and the bulk of the rest of the business immediately after Blacks Leisure was put into administration.JD Sports, whose largest shareholder is Berghaus ...read more
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