Technology retailer Apple will be holding its annual launch event where it is believed the new iPhone 7 will be showcased. The launch will reveal whether tech rumours are true about new features and gadgetry on the new device, such as Bluetooth headphones. The new iPhone is thought to be very...
Fashion and lifestyle retailer Joules has seen full-year group revenue soar 12.8% to £131.3 million with a boost from its “family and fun” ethos. Figures show that underlying pre-tax profit rose 41.5% to £7.5 million, underlying EBITDA increased 28.6% to £13.5 million, whilst retail sales grow 12.8% with store sales climbing...
Amazon has launched a restaurant delivery service covering parts of London, putting it into direct competition with JustEat, Hungry House, Deliveroo and UberEats. Amazon said that its new “Amazon Restaurants” service would be available to Prime subscribers in a selection of postcodes in the capital, with free delivery for orders of...
Department store Debenhams has announced that has appointed Lisa Myers as a non-executive director. Ms. Myers is the lead portfolio manager of Templeton Growth Fund and lead equity portfolio manager of Templeton Global Balanced Fund in Canada. Ms. Myers also manages institutional separate accounts with international and global mandates. She is...
French furniture and interior design specialists Silvera will launch in the UK at 241-245 King’s Road. Due to open this Winter, the 5,244 sq ft contemporary design showroom will display furniture, lighting, rugs and designer home accessories including cushions, throws, vases, jewellery, books and limited edition pieces. The design of the...
Halfords, the cycling retailer and car parts company has announced that its revenue increased 4.8% over the summer, enhanced by cycling sales in the 20 weeks to the 19th August. Figures show that like-for-like sales grew 1.2%, with retail like-for-likes increasing 1.1% and autocentre sales growing 1.8%. This was helped by a...
It has been revealed that Marks and Spencer has teamed up with Oxfam to launch an online platform where shoppers can buy items of clothing that once belonged to celebrities such as Lisa Snowdon, Stella Tennant and Millie Mackintosh. Customers will also be able to donate their clothing to raise money...
Following its recent £1.4 billion acquisition of Home Retail Group, Sainsbury’s has announced the roll-out of 30 new store-in-store Argos outlets in its supermarkets nationwide. The group added that five Habitat concessions will also open in Sainsbury’s stores in the coming months, offering over 600 products including furniture, lighting and...
Retail sales in August were down against last year, the weakest performance since September 2014, excluding Easter distortions. On a three-month basis, total UK retail sales rose 0.6%, half the rate of the 12-month average of 1.2%. According to the British Retail Consortium, total food sales rose 0.9% on a three-month...
Supermarket Morrisons has announced a new wave of price cuts across its fresh products such as meat and poultry by as much as 12%. Morrisons said that it would be slashing prices on 30 fruit and vegetable products including broccoli, carrots, peppers as well as ham and other cooked meats...
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