Retail news
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Carrier bag use down for fourth year
- Posted:
- 25 August 2010 09:43
Supermarkets and their customers have reduced the number of 'single-use' carrier bags being handed out for the fourth year in a row. Since independent monitoring began in 2006, the number handed out in the UK each year has been cut by 4.6 billion. Over the same period the total weight ...read more
Secretsales.com receives multi-million pound investment
- Posted:
- 25 August 2010 09:42
Secretsales.com has received its second multi-million pound investment from Brands4Friends, Germany's largest private shopping club. The private sale online retailer also announced the appointment of John McKenzie from Brand Alley UK's senior team as associate buying director.Speaking to FashionUnited, chief executive officer Nish Kudadia said: "We reached our milestone targets ...read more
Woolworths stores remain vacant 18 months after closure
- Posted:
- 25 August 2010 09:42
A large number of former Woolworths stores have failed to find a new occupant, according to the Local Data Company. More than 300 former Woolworths stores are still empty, representing around 40% of the chain.The company added that some experts believe that around 150 stores will never be used as ...read more
Condoms and underwear "strangest wedding gifts"
- Posted:
- 25 August 2010 09:41
A comprehensive survey by a leading online retailer has revealed some of Britain's strangest wedding gifts. The survey was open to over 8,000 visitors of wedding gift website Engraved Gift Ideas, and uncovered such unusual gifts as condoms, a salmon mould, a toilet roll holder and underwear.The revelations were part ...read more
Spanish retailer sets new record for Oxford Street
- Posted:
- 24 August 2010 09:33
Spanish retailer Desigual has set a new record on Oxford Street by agreeing to pay £710 per square foot for the current Disney store. The level of rent is the highest ever agreed for the street, comfortably beating the previous record of £615, despite the economic downturn.Retail sales have thrived ...read more
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