H&M said its Monki brand has made good progress in China since its Tmall launch so the company is now extending the collaboration to include both the H&M brand and H&M Home. H&M is also in advanced discussions regarding the launch of other H&M brands on Tmall. Karl-Johan Persson, chief executive...
Simon Coble will join the John Lewis management board in January, and report into the department store chain’s managing director Paula Nickolds. His responsibilities will include leadership of the trading team, which includes the buying and merchandising teams. Coble will be joining the business from The Body Shop where he was managing director...
Cross-border trade is looking to increase by 57 per cent in the UK this festive period, showing that more overseas shoppers are turning to British retailers than ever before for their Christmas shopping. According to new research from VoucherCodes and the Centre for Retail Research, sales from international trade is expected to hit...
Self service checkouts are on the rise, if you went to your local supermarket im almost certain they would have some form of self service machine. Some may look at them as positive and convienient machines to buy their weekly shopping faster especially when you only have a few bits...
Online grocery retailer Ocado have seen that its quarterly retail revenue climbed up by 11.6% to £373.8 million despite a driver shortage impacting sales growth. The retailer grew its average orders per week by 11.1% to 280,00 in the 14 weeks to 3 December. The average order size was up too, rising by...
The world’s biggest fashion retailer Inditex has reported growing revenues and profits amid its third-quarter results. In the nine months to October 31st the Zara owner posted net sales of £15.83 billion, up 10% from £12.96 billion a year prior. Profits also jumped 9% to £9.08 billion, while gross margins hit 57.4%....
The redevelopment of Melbourne Airport’s T2 International has given the book an stationery retailer the opportunity to relaunch its convenience, news and books concept within the terminal. WH Smith said the new look shops aim to meet the ever-changing expectations of customers in both design and product ranges. While the stores stock a...
The move into forecout stores is part of Subway’s strategy to increase the number of stores in non-traditional locations such as petrol forecourts, convenience stores, hospitals, transport hubs, universities and colleges. The new store at Eastville Park in Bristol is the first non-traditional location in the UK to carry the new...
In the six months leading up to the 28th October, Dixons like-for-like sales were up 4% as the company experienced like-for-like growth across all of its markets. UK and Ireland like-for-like revenue was up 2% in the period while sales in the company’s Nordic region and in Greece rose by 8% and...
Springboard have released some very interesting data, footfall in the week commencing 4th December saw an uplift of 1.8% on the previous week. Despite only two full trading weeks left until Christmas, this was not enough to translate into an annual increase, with numbers overall dropping by 1.5% against 2016. However,...
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