Morrisons have been reported to be joining with food sharing app, Olio, to reduce food wastage in their South London stores. The move would initially see surplus food from the store in Walworth Road, collected and redistributed to the local community through the use of the app. Co-Founder of the...
Supermarket chain, Tesco have announced plans to merge with the Booker Group, who own brands such as Budgens and Londis. The move, set to be worth approximately £3.7bn, aims to see the company become the UK’s leading food business, combining their knowledge of retail, wholesale, supply chain and digital. The...
The multinational consumer goods company, Unilever, have released sales figures for the Christmas period, showing a growth of 2.2% in the quarter. This was slightly below the 2.8% forecasted by many analysts, in part due to the slowdown of economic growth in Brazil and the demonetization of India. It also...
According to Worldpay, the global payment provider, Chinese shoppers are set to spend up to £11m over the next week to mark the Chinese New Year. The draw of the weaker pound in addition to the holiday creates London as an attractive destination for the tourists, with luxury boutiques and...
Greetings card retailer, Card Factory have reported positive figures for sales in the fourth quarter of the fiscal year. From the 11 months to December, like-for-like sales growth was at 0.4%, slightly down on the 2.8% growth seen last year. Despite this, the company stated that it had enjoyed good...
The most recent data released by Kantar Worldpanel regarding sales of physical entertainment such as video games, showed that some supermarkets had made significant increases during the festive period. Tesco’s 14.3% market share was enough to see it pass Amazon, the first time the company has done so over Christmas since...
High street department store, John Lewis reported as substantial increase in sales in the wake of the release of their spring/summer collectionin addition to their Christmas clearance sale. The store’s home department reported a sales increase of 9.5%, with the sale period for the department being extended until the end of January. The...
Stationery and newspaper retailer, WH Smith are to announce sales figures for the first 20 weeks of the fiscal year, 2017 in the coming week. In October, the company reported that like-for-like sales had risen by 1%, however there was a 2% decline in revenue from its high street stores....
A report published by mobile app developer, Apadmi suggested that whilst the online sales market continues to rise and cut into the market share of physical stores, many consumers opt against using designated retail apps. Only 17% of respondents reported using a retail specific application compared to 55% who said...
Supermarket chain Tesco, have announced the rollout of payment app, PayQwiq across all its stores after successful trials in 42 stores in 2014. The mobile app allows users to pay at the till with a scan once they have registered a debit or credit card to their account. The app...
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