It has been revealed that the founder of Space NK, Nicky Kinnaird has been appointed as a non-executive director at Debenhams. With Ms Kinnaird becoming the fourth female board member, the company is bolstering its focus on its beauty sector with plans to increase its sales until it accounts for a...
The BBC’s Watchdog programme has revealed that many of the products found on deals site Groupon are counterfeit. The episode, which airs tonight, interviews many Groupon customers who felt that they had been ‘misled’. Groupon responded stating: “As with any major online retailer, we take counterfeiting seriously and work hard...
Between April to June 2016 and July to September 2016, the number of people in work increased and the number of unemployed people decreased, according to the Office for National Statistics. There were 31.80 million people in work, 49,000 more than for April to June 2016 and 461,000 more than for...
Amazon and Morrisons have increased the reach of their online tie-up, with the online giant now delivering Morrisons’ groceries to customers in London and Hertfordshire. From today, Amazon Prime customers in selected postcodes can order a full Morrisons shop online via the Prime Now app, which will be picked at a...
Supermarket giant Sainsbury’s has enlisted the help of James Corden and Oscar-winning producer and musician Bret McKenzie for this year’s Christmas advert. The advert will launch tonight at 9.15pm on ITV and uses animation to highlight the importance of sharing the gift of time with family and friends over the festive...
Figures show that B&M’s adjusted pre-tax profit increased 17.2% to £77.9 million and revenue rose 18.9% to £1.1059 billion and by 17.7% on a continuous currency basis in the six months to 24th September. Sales also grew 18% in the UK which was helped by B&M’s new store opening programme, which...
Easyjet has said that it is pleased with its “resilient” performance despite a challenging environment, with a record number of passengers flying in the last year. However, pre-tax profits in the year to 30 September fell 27.9% to £495 million, suffering from the impact of terror attacks and air traffic...
American clothing retailer Gap has announced a further drop in profit as sales slid across its Gap and Banana Republic divisions. However, the fall was not as bad as had originally been predicted, which pushed the company’s share price up. The group has confirmed that it will close all of its...
It has been announced that fashion retailer H&M will open its doors to its largest store in the UK at Westfield Stratford City, London. The shopping centre already has an H&M shop, however it will be relocating and expanding into a full-concept, flagship covering 70,000 sq ft. H&M have not provided any...
Andy Bond, ex chief executive at Asda will be kicking off the New Year as the new executive chairman of Poundland. Mr Bond will be replacing Kevin O’Byrne, who resigned last week and will be taking up a chief finance officer role with supermarket giant Sainsbury’s. For the last two years, Mr...
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