Morrisons is to be sued by 2,000 of its employees in relation to a breach of data security.It follows the posting of almost 100,000 members of staff’s bank, salary and National Insurance details on the internet by a former colleague.Former employee Andrew Skelton was jailed for eight years in July...
It has been reported today (28th October) that fashion retailer Next has seen a full price sales increase of 6% in its third quarter.Figures have shown that the third quarter sales were above Next’s second half guidance range of a rise between 3.5% and 7.5%, whilst total sales increased 7.3%...
Sir Philip Green has agreed a deal with Tesco that will see the supermarket stock brands from his Arcadia empire including Dorothy Perkins, Burtons and Evans. In a statement, Tesco said: “We’re always looking at new ways our stores can best serve the needs of local customers. Customers in the five...
Supermarket giant Asda, owned by Walmart, has applied to regulators to get permission to test drones for home deliveries.Drones, which are unmanned aircrafts, are being tested indoors by Walmart, however the company are now looking to test the drones outside. Walmart are asking the Federal Aviation Administration (FAA) if it...
Very.co.uk and Littlewoods.com owner Shop Direct has seen its third year in a row of record profits, with pre-tax profits increasing 78% to £71.7 million.Shop Direct, which saw its group sales rise 3% to £1.8 billion, said the increase was driven by sales growth, improved discipline across costs, selling and...
Carpetright has reported that UK like-for-like sales grew by 4% in the 25 weeks to October 24th and total sales rose by 2.5%, compared to the same period in the previous year.Like-for-like sales increased by 5.7% in the rest of Europe, which includes Belgium, the Netherlands and the Republic of...
The chief executive of Marks & Spencer, Marc Bolland, is understood to be remaining with the retailer until at least 2017, despite rumours that he would be stepping down amidst mounting pressure from investors. This speculation was fuelled in July by the unexpected resignation of head of general merchandise John...
Low cost supermarket Aldi is to increase staff pay to a minimum rate of £8.40 per hour from February 1st. The company is the latest supermarket to announce a rise in wages, with Morrisons recently announcing that it will increase wages to a minimum of £8.20 and Lidl also said...
Majestic Wine, has revealed its new pricing strategy which applies to stores and online and has removed the six bottle minimum rule, following a successful trail since the spring. The new pricing strategy has been introduced to make the customers shopping experience a lot more simple & easy. Majestic Wine are also...
Supermarket chain Sainsbury’s has today announced that it is to trial a new store design in six supermarkets across the UK in response to new shopping trends.The new look will include a range of checkout options and a “radically different” layout, which will include a new ‘Food to Go’ section...
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