Upmarket luxury beauty brand Liz Earle has seen a growth in sales in the past few months. The brand which is owned by Walgreens Boots Alliance, saw its total sales rise by 6% compared to the 8 months to August 31st in 2015. Stocked by John Lewis, Boots and Fenwick,...
Furniture retailer DFS saw shares in the company fall by 20%, with the company stating that "significant declines in store footfall leading to a material reduction in customer orders." Shares fell by as much as 24% before recovering to 20%, as the company released figures that wages for employees fell...
A rise in Scottish food sales has provided a much-needed boost to the per-tax profits and revenue in the Scottish retail sector. When compared to the previous May, grocery sales rose by 4.5%, opposed to the 0.7% decrease prior to this. This growth marked the fastest increase in the sector...
Whilst stores in its travel locations rose by a total of 5%, the retailer felt the effects of a difficult economic market, which saw sales in its high-street locations fall by 4%. In a statement, the company said that, “Whilst there remains some uncertainty with regards to the broader economic...
Luxury fashion company Mullberry have seen a rise in its retail sales, making a total increase of 8% whilst like-for-like sales rose by 5%. Revenue from the company’s digital sector rose by a total of 19%, meaning the sector now accounts for 15% of the total revenue of the company....
Supermarket chain Waitrose have announced plans to boost its partnership with charity Fareshare, by making additional funding and volunteers to groups involved with the project. Marking a first for a supermarket, groups who collect surplus food will be offered funding from the Waitrose Community Matters scheme. Waitrose sustainability manager Laura...
Amidst economic uncertainty and the continued impacts of deflation, discount supermarket chains Lidl and Aldi have announced plans to enter the US market. Aldi plan to spend upwards of £2.5bn over the next five years, with the intention of opening roughly 900 supermarkets, whilst rival chain Lidl is preparing to...
The steady surge of online sales assisted in bringing Ted Baker’s year-on-year sales up by 14.3% in the 19-week period to June 10, despite the challenging economic climate which has effected several well-known retailers. Online sales rose by 35.9%, following the trend of continued growth in the online retail market....
Analysts at Bernstein have predicted that supermarket chain Tesco will announce a like-for-like sales increase in its first quarter financial figures. As inflation drives the prices of produce up and therefore can increase sales for the top supermarkets, it can also have the effect of driving customers to source cheaper...
According to Drapers, both menswear director Christopher Englinde and accessories and beauty director Amanda Wain resigned from their posts this week. Having announced a 44% drop in profits the previous week, news of the resignation comes as the latest in a string of difficult circumstances caused by a downturn in...
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