According to the British Retail Consortium and Springboard's monthly footfall monitor, UK retail footfall saw an increase of 0.3% year-on-year in May from a 2.4% drop in April. With footfall rising by 1.2%, May's results were the best high street footfall recorded since July 2013, excluding Easter disruptions. BRC chief executive, Helen...
It has been announced that Walmart, the owner of Asda, is looking at its China boss Sean Clarke to be the next chief executive, however the British retail industry will be in for a shock as they were expecting Asda’s chief operating officer, Roger Burnley to take the position. Sean Clarke...
John Smith, the chief operating officer at luxury fashion brand Burberry, is to step down to pursue new interests. Having been at the company for seven years, Mr Smith will leave Burberry by the summer of 2017. In a statement Smith said: “With the company's future strategies now in place, I...
Chief financial officer at Sainsbury’s, John Rogers has been promoted to chief executive of Home Retail Group as the supermarket chain finalises the takeover of the Argos owner and will be replacing John Walden who will be stepping down on the same date. Operating from Milton Keynes, where Home Retail Group’s...
It has been announced that Deborah Jones has been appointed as the new centre director of The Mall at Cribbs Causeway. Before starting her new role, Ms Jones previously worked at Land Securities as regional retail operations director for six years where she oversaw the redevelopment of Cabot Circus in St...
Tesco has confirmed the sale of its Giraffe restaurant chain to Cinnamon Club and Harry Ramsden’s owner Boparan Restaurants Holdings. The sale of Giraffe includes 54 standalone restaurants, of which 12 are franchise sites, and three restaurants within Tesco stores for an undisclosed figure. Commenting on the sale, Dave Lewis, Tesco...
Furniture retailer Loaf will open its second London store in Notting Hill next month. The 5,500 sq ft store will feature three floors of beds, sofas, furniture and accessories on the site of a former dairy on Lancaster Road, close to Ladbroke Grove station. Charlie Marshall, founder of Loaf, said: “I...
Amazon is launching its fresh food grocery offering to Prime members from today, with the debut of AmazonFresh in the UK. The service, which will be available to customers across 69 London postcodes for £6.99 per month, has been available to US customers for nine years. The 130,000 products, including meat, fruit,...
Stationery retailer, WH Smith has reported that total like-for-likes were flat in the 14 weeks to 4th June, although the company added that it remains confident for the full year. In line with the company’s expectations, total group sales increased 2% and like-for-likes grew 3%, whilst total sales increased 9% in...
Argos has reported today that its like-for-like sales were up 0.1% in the first quarter. Figures show that total sales grew 2.6% to £868 million, whilst net new space added 2.5% although this was largely due to store openings in the previous financial year. Sales performance was strong in both electrical and...
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