Retail news
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John Lewis Partnership bonuses cut
- Posted:
- 07 March 2012 10:27
Staff at John Lewis and Waitrose will see their bonuses cut for the first time in three years today as the company acknowledged the pressures of the economic downturn.John Lewis Partnership (JLP), which has more than 75,000 staff, announced a payout of between 14% of salary in its full-year results ...read more
Krispy Kreme expansion continues as sales soar
- Posted:
- 07 March 2012 10:27
Doughnut chain Krispy Kreme showed no signs of slimming down its expansion plans today after sales growth accelerated last year.The company, which sold more than 50 million doughnuts and one million cups of coffee in the UK last year, reported a 3.5% increase in like-for-like sales in 2011, compared to ...read more
Tesco announces 20,000 new jobs over two years
- Posted:
- 05 March 2012 10:19
Tesco has announced today that it will create 20,000 new jobs in the UK over the next two years through "significant investment in customer service, refreshing existing stores and opening new ones."At the heart of this programme, Tesco plans to deliver new levels of excellence in customer service across its ...read more
Tesco trials online 3D fitting room
- Posted:
- 01 March 2012 10:59
Tesco Clothing is trialling a new concept that it hopes will help its online customers find the perfect size and fit - a three-dimensional virtual fitting room service. The supermarket giant claims to be the first retailer to use the innovative technology, which is being used for its F&F brand ...read more
Sir Stuart Rose defends Government’s work experience plans
- Posted:
- 27 February 2012 09:52
The former head of Marks & Spencer has defended the Government's controversial work experience scheme, accusing protesters of attempting to "sabotage" it.Sir Stuart Rose said it was "baffling" that anyone would complain about jobless youngsters being given work opportunities at a time of high youth unemployment and called on firms ...read more
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