Aldi and Lidl have said they will close all stores early on Sunday if England get through to the World Cup final. The chains have promised all staff in stores in England they can go home at 15:00 BST on Sunday 15 July so they can watch the match. Now some are asking...
Burberry saw its sales rise by 3% in their first quarter as customers responded well to its “more complete wardrobe” offer. In the 13 weeks to 30 June sales began to grow in the Asia Pacific region and the Americas but also saw a decline in Burberry’s EMEIA region. During the period Burberry...
Tiffany is to open a flagship store in London’s Covent Garden. The new store will open on James Street and will feature a new store concept for the brand. Although designed in the Tiffany style, the store will aim to offer an innovative retail experience that encourages interaction. This will include a...
Charles Wilson, Tesco's UK chief executive, is stepping down from his post on the company board after being diagnosed with throat cancer. Mr Wilson was formerly boss of food wholesaler Booker, but became Tesco's UK chief following the supermarket's £3.7bn takeover of Booker in March. Tesco said Mr Wilson had responded well to...
Fashion and homewares retailer Matalan has seen its first quarter revenue climb to £265.9 million from £253.4 million in the same period in the prior year. In the 13 weeks to 26 May EBITDA rose to £24.8 million from a previous £22.3 million. Jason Hargreaves, Matalan chief executive, said: “Our first quarter...
Grocery delivery firm Ocado lost £9m in the first half-year to 3 June, compared to a profit of £7.7m in the same period the previous year. "This is a transformational period for Ocado," Explained boss Tim Steiner. "We are confident that we have the ability to scale-up the business, deliver on...
Mothercare will be closing 60 stores by June 2019, instead of the 50 they predicted prior. The closures will put 900 jobs at risk, up from the 800 previously stated. Mothercare also confirmed that it would be raising another £32.5m from its existing shareholders by issuing new shares. Mothercare's chief executive, Mark Newton-Jones, told the...
VanMoof have chosen London’s Seven Dials as the location for the opening of their first UK store. The building will be based at 5-11 Shorts Gardens and will offer test rides around the Seven Dials area for the three exclusive models displayed in-store. The brand will be offering customers the chance to personalise their...
Argos have announced that they will become the first UK retailer to launch AR technology (augmented reality) enabled LEGO models through an app. Launching with Apple's iOS, the new feature will give customers the chance to view full scale, animated 3D versions of some of the retailer’s best-selling LEGO products. Argos are aiming to...
Asos have had heaps of praise for selling clothes designed with people who have disabilities in mind. They have released a tie-dye waterproof jumpsuit for festival season, which they have adapted to be wheelchair friendly. It was designed in collaboration with GB Paralympic hopeful Chloe Ball-Hopkins, who also modelled it for the site. Chloe says...
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