It has been reported that Ted Baker has appointed former Jimmy Choo IT director, Neil Plaistow, as its new chief information officer, a newly-created position at the brand. Mr Plaistowe will be reporting to chief executive Ray Kelvin and will be part of Ted Baker’s executive board. Bringing an extensive background with...
Kitchenware retailer Lakeland has announced that it will be opening 12 shop-in-shops in Australia before it launches standalone stores in early 2017. In conjunction with Australian retail chain The Good Guys, Lakeland will start trading from October. The retailer already operates in Germany, the Middle East and India. Sam Rayner, outgoing managing...
London’s largest shopping centre, Westfield Stratford City has reported that this year it expects to outdo its 2012 footfall record, the year the Olympics were held and John Burton, head of development said this will continue to grow. Opened in 2011, the shopping centre has welcomed retailers from the UK as...
Tesco and Holland & Barrett have teamed up to introduce a health and wellbeing concept within Tesco’s supermarkets across the UK. The first store to introduce the concept is the Tesco Extra branch in Dudley, with a number of further concession in the pipeline for later in the summer. Matt Davies, Tesco...
UK convenience retailer McColl’s has reported “significant progress” in the quarter ended May 29th, with total revenue up 2.2% to £469.2 million. The company said that it’s success was due to increasing market share, with a store expansion plan set to increase the estate to 1,000 by the end of the...
Luxury department store Selfridges has launched its first social media friendly app as part of the expansion of its omni-channel platforms. The new iOS app puts the “extraordinary world of Selfridges” at your fingertips with personalised style inspiration from customers’ favourite brands and insider alerts about events at the user’s nearest...
It has been reported that department store John Lewis saw its sales decrease 4.3% year-on-year last week as footfall dropped in its stores due to the UK’s heatwave. With temperatures exceeding 30C, products such as outdoor living items and natural low tog duvets were popular. Figures show that electricals and home technology...
Technology giant Apple has revealed that for the second consecutive quarter, iPhone sales have decreased, although the 15% fall wasn’t as bad as analysts thought. In the third quarter 40.4 million iPhones were sold which was marginally above forecasts of 40.02 million, but the company is expecting sales to drop...
Applications to build new retail developments dropped for the seventh year in a row, according to a report from commercial law firm EMW. The market last reached a peak in 2008, when there were 11,900 applications, but in 2015 this dropped to 6,700 – down 9% from 7,360 the year before....
Hobbs reports rise in profits Fashion retailer Hobbs has seen strong results from its turnaround plan, with a new focus on becoming “more relevant” to its customers starting to pay off. In the year to January 31st, the company saw an 18% rise in earnings before tax, according to reports, bringing...
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