Retail news
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Tesco to pay for work experience
- Posted:
- 24 February 2012 09:54
Tesco has announced that from now on any young person accepted for work experience with Tesco will be paid for the four-week placement, with a guaranteed permanent job at the end of it, provided they complete the placement satisfactorily.Richard Brasher, CEO of Tesco UK, said: "We know it is difficult ...read more
"One company left" in race to rescue Peacocks
- Posted:
- 15 February 2012 10:17
The future of collapsed retailer Peacocks and its thousands of staff is facing further uncertainty today, after it was reported that only one company now remains in the race to salvage the company.Peacocks, which has 563 stores and 48 concessions and parent company the Peacock Group, collapsed under a debt ...read more
Footfall improves at out-of-town shopping centres
- Posted:
- 10 February 2012 09:36
British Land, one of the UK's biggest property firms, has said that occupancy and footfall at its out-of-town shopping centres continued to improve, giving further credence to the theory that shoppers are deserting high streets.The group whose retail portfolio is 80% in out of town locations such as the Meadowhall ...read more
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
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