Amazon's one-day delivery advertisement for Prime members has been banned due to it being perceived as misleading. The UK advertising regulator explained that it had received 280 complaints, mostly from Prime customers who reported not receiving their packages within a day. They have said the ad must not appear again in its current form and...
Sales in the John Lewis department store chain have fallen by 1.8% last week. Electrical and home technology sales edged up 0.9% in the retailer’s communications technology category. In addition, there was a 47% increase in sales of vacuum cleaners. Fashion sales rose by 0.7% led by a good womenswear performance particularly...
FatFace have increased both their sales and EBITDA in the year to 2nd June. Total sales rose by 7.4% to £238.4 million while retail like-for-like sales were up 4.9% following a strong womenswear performance. Meanwhile, EBITDA increased by 5.6% to £30.2 million. Anthony Thompson, chief executive of FatFace, said: “We’ve had a really strong...
Sainsbury’s are trialling a new scan, pay and go technology that will allow shoppers to pay for items in-store using their smartphone without visiting the checkout. Using the latest version of the retailer’s SmartShop app, the new service is being trialled in its Clapham North Station convenience store. Customers can scan their...
Poundland have launched their new own-brand £1 skincare range called #6. From today, the retailer is offering a six-piece skincare collection that includes an anti-ageing day cream, a night cream and cleansing water, as well as an eye cream, derma serum and a collagen filler. Poundland said the products contain ingredients such as...
Marks & Spencer is implementing the latest round of its store closure programme this weekend. Seven more of the retailer's clothing shops will be shutting their doors for the last time on Saturday. The latest closures are in Falkirk, Kettering, Newmarket, New Mersey Speke, Northampton, Stockton and Walsall. Profits at Marks & Spencer...
New figures are showing that retail footfall in the UK has declined by 0.8% in July following a drop of 0.9% in June. The figures from Springboard and the British Retail Consortium in their monthly footfall and vacancies monitor reveal that footfall in high streets edged up 0.3% to mark the...
H&M has teamed up with British singer-songwriter Izzy Bizu, who has become the new face of H&M Divided Music’s global campaign. The campaign features Bizu wearing items from a capsule collection consisting of 11 preppy style garments. Bizu was handpicked by Coldplay to support the band on tour in 2017 and currently...
Mike Ashley, founder of Sports Direct, has agreed to buy the House of Fraser department store chain for £90m. Earlier today, House of Fraser was looking like it was going into administration after talks between the retailer and its creditors failed to reach an agreement. Sports Direct said in a statement: "The group has...
Michael Kors has increased its total revenue by 26.3% to $1.2 billion in its first quarter after sales at its Jimmy Choo footwear brand exceeded expectations. Revenue at Jimmy Choo exceeded expectations by reaching $172.7 million. John Idol, the company’s chairman and chief executive, said: “We are encouraged by our first quarter performance, with...
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