John Lewis saw its sales rise by 2.3% to £129.2 million year-on-year last week with both the shops and johnlewis.com enjoying solid trade. The shopping days before Christmas were busy with customers making last minute purchases in the shops and picking up Click & Collect orders until the store closed on...
Tesco has a new addition to its list of recent woes as its biggest investor, Government Pension Fund Global, has sold a large percentage of its shares in the chain. The Norwegian group sold 27million shares in Tesco last week, bringing its total stake in the supermarket chain lower than 6%....
Selfridges have experienced the most profitable hour in its history as shoppers turned out in their thousands for the post-Christmas deals. Crowds appeared outside Selfridges stores across Britain, in some cases as early as 1am, to take advantage of Boxing Day sales. The huge crowds were a welcome appearance as recent...
Amazon has announced plans to expand its grocery offering following record holiday sales. UK boss Christopher North has said that the online retailer plans to extend its Pantry service rapidly in 2016. The increase in Amazon Prime members over the recent festive period has reiterated the fact that consumer spending habits...
Superdry launched its menswear collaboration with celebrity Idris Elba at the end of November, ‘shutting down’ its flagship Regent Street store as a result of the launch. The event was driven by a strong social media strategy, reaching 2.8m consumers across all social channels on the day of the launch. To build...
After being acquired by sofa specialist DFS last year, furniture retailer Dwell is now continuing the second phase of its nationwide expansion. Over the Boxing Day weekend the retailer will open a new 5,500 sq ft concept store in Oxford, part of a strategy that will result in a 40% footfall...
John Lewis has said its clearance sale got off to a solid start after launching online on Christmas Eve at 5pm. In the first full hour of the sale, the retailer saw a 17.7% rise in orders compared to last year. Online shopping continued on Christmas Day with orders up 10.7%...
Fashion brand Abercrombie & Fitch has promoted Fran Horowitz, president of its Hollister brand, to president and chief merchandising officer of the company. The news follows the departure of Christos Angelides who served as Abercrombie & Fitch brand president from October 2014. In the newly created position, Horowitz will have responsibility for...
Wedding shop Wed2b has signed up for a new store at The Crescent Hinckley. The retailer will be moving early next year from Burbage into a new 5,000 square foot unit at the new development in Hinckley town centre. Wed2b now has ten stores across the UK and stocks around 1,000 designer...
Specialist video games retailer, GAME Digital, has issued a first half profit warning after facing weaker than expected sales. In the 21 weeks ending 19th December, total group gross transaction value dropped by 6.7% to £466.8 million. GAME said the fall was mainly due to a 20.3% reduction in low margin...
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