The UK economy saw a reduction in growth in the first quarter, as consumers began to feel the effects of rising prices due to the fall in value of the pound. With the cost of imports rising in response to Brexit growth has begun to slow, predicted to be down...
Amazon have made UK trademark applications for phrases relating to their Amazon Go store, such as “No Queue, No Checkout. (No, Seriously)” and “Every Queue is a Defect". This has been seen as an early indicator that the company is intending on moving the concept into the UK, despite hiccups...
Owner of convenience chain McColls, Jonathan Miller has announced that he is considering a move to take over Tesco’s One Stop chain in the wake of the company’s impending merger with wholesaler Booker. In order to get the merger past competition regulatory body, it is likely that Tesco will have...
Patrice Louvet has been announced as the new president and chief executive of US fashion brand, Ralph Lauren. Previously, Louvet worked as the group president of global beauty at Procter & Gamble for over 25 years and was responsible for several different multi-billion dollar brands. Of the appointment, Ralph Lauren...
A poll for Mintel’s 27th annual British Lifestyles report has revealed that 83% of Brits are concerned with the increases in price of goods and services in the wake of the impending Brexit negotiations. The fall in the value of the pound has already begun to influence imports such as...
Womenswear fashion brand Hope has exceeded its £500k crowdfunding target, after receiving backing from hundreds of investors. Launched in 2015, the brand specialises in clothing for women over 40 embracing women of all shapes, sizes and ages. Since its inception, sales have continued to grow expanding its customer base to...
The continued popularity of Greggs’ breakfast deals has helped contribute to increased sales for the first 19 weeks of the year. The company noted that both its £2 breakfast meal as well as its healthy Balanced Options range had performed particularly well, resulting in sales rising by 7.5% in comparison...
JD Sports Fashion has had its move to acquire outdoor clothing company, Go Outdoors approved by the Competition and Marketing Authority. Thought to be worth approximately £112m, the deal was signed in November but has now received the go-ahead from the competition watchdog making JD Sports the London Stock Exchange’s...
Swedish flatpack furniture chain IKEA have announced that it will be opening three new stores in Sheffield, Exeter and Greenwich. The move would see the company employ approximately 11,700 people in the UK across 22 large outlets and four smaller stores. Overall UK sales have risen year-on-year by 8.9% to...
Fashion retailer Quiz has showcased its first digitally integrated store in the Westfield Stratford shopping centre, featuring the store’s first in-store digital kiosk. The kiosk will allow customers to browse and order the brand’s entire collection, irregardless of if the product is stocked in the store or not. The store...
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