Tag: Retail Sector



Sainsburys Sales Rise as Tesco Profits Fall

Posted on 3 October, 2013 by Kirsten Kennedy under Business News

The supermarket sector is one of the most competitive areas of the retail industry in the UK, with Tesco traditionally holding the number one spot despite stiff competition. However, if recent results are to be believed, the tide could be turning with... Read More

Furniture and Carpet Sales Growth reaches 17 Year High

Posted on 30 September, 2013 by Kirsten Kennedy under Business News

The recent boom in housing has led to an increase in consumer enthusiasm for home furnishings, with chains such as B&Q and Homebase greatly benefiting from a marked rise in sales. In turn, this factor has led to huge improvements in the economy as a... Read More

Good News for Landlords as Shop Closures Slow

Posted on 27 September, 2013 by MOVEHUT under Business News

The rate of shop closures in town centres has slowed, offering a glimmer of hope to retailers and landlords. According to research carried out by PwC and the Local Data Company, town centre shops closed at a rate of 18 a day in the first six months of... Read More

Arcadia to open 28 US Stores in 28 Days

Posted on 25 September, 2013 by Kirsten Kennedy under Business News

British brands are becoming increasingly popular on the international platform, with luxury fashion houses such as Burberry and Mulberry enjoying particular success in emerging markets such as India and China. However, it is not only high-end fashion houses... Read More

UK Stores benefit from Chinese Custom

Posted on 24 September, 2013 by Kirsten Kennedy under Business News

Since the Olympics, the UK has benefited from a significant boost in tourism which in turn has allowed businesses nationwide to post rising profits. The retail industry in particular has felt the positive repercussions with visitors from China in particular... Read More

Kingfisher enjoys Surging Sales in Summer Sunshine

Posted on 15 September, 2013 by Kirsten Kennedy under Business News

This time last year, the news coming from garden centres and DIY stores was less than positive. A washout summer and a wide choice of sporting events on television drove people indoors, causing sales to drop for both chain and independent brands across the... Read More

Minister calls on Shops to use Larger Mannequins to Reflect Diversity

Posted on 14 September, 2013 by Kirsten Kennedy under Business News

Consumer spending is on the up, with retailers enjoying a relative boom in sales after a drought-filled recession. Autumn and winter collections have now hit the shelves of the UK’s top fashion retailers, meaning that a further boost is expected as... Read More

Next Reports First Half Profits Rise

Posted on 13 September, 2013 by Kirsten Kennedy under Business News

Fashion favourite Next has posted positive first-half results contributing to growing indicators which suggest recovery for the retail sector is in full swing. During the six months to July 2013, pre-tax profits climbed by 8.2 per cent to £271.8... Read More

John Lewis launches free Practical Skills Programme for Children

Posted on 9 September, 2013 by Kirsten Kennedy under Business News

Society has changed hugely in the past few decades, with new technology narrowing the gap between work and home life. As email, instant messaging and networking tools become more advanced, employees often find themselves finishing tasks after hours which... Read More

Bullring Celebrates Ten Years in Business

Posted on 7 September, 2013 by Kirsten Kennedy under Top Properties

Ten years ago, the retail environment in the UK was much different to the situation of today. Internet shopping was not the overwhelming force it is now and high streets remained popular with consumers, leading to a surge in large-scale retail developments... Read More