Tag: Retail Sector



Topshop Expands into Chinese Market with First Hong Kong Store Opening

Posted on 12 June, 2013 by Kirsten Kennedy under Business News

With the European economic outlook still uncertain, many businesses which count the Eurozone as their primary market are travelling further afield in search of a more stable consumer base. Fashion retailers in particular are seeking to focus on online... Read More

Sales Increase Pushes Sainsbury Ahead of Rivals

Posted on by MOVEHUT under Business News

Sainsbury will put rival supermarkets under more pressure today when it is expected to report a further increase in like-for-like sales. Tesco, Britain’s largest retailer, reported a 1 per cent drop in like-for-like sales when it updated the market... Read More

BRC Records Shop Price Deflation for First Time in Three Years

Posted on 11 June, 2013 by Kirsten Kennedy under Economy

Since the start of the recession in 2008, consumers in the UK have faced pay freezes, rising energy costs and a dramatic reduction in the level of household disposable income available to them. However, the largest challenge facing the budget setters in each... Read More

Tesco Reports Quarterly Sales Dip

Posted on 8 June, 2013 by Kirsten Kennedy under Business News

Some of Britain’s largest supermarket chains certainly began 2013 with a bang, with the nation rocked over allegations that horse meat had been found in Tesco and Lidl budget burgers. When these rumours were confirmed, all chains connected to the scandal... Read More

Sunshine Brings Relief for High Street Retailers

Posted on 6 June, 2013 by Kirsten Kennedy under Business News

With Britain finally basking in some long-awaited sunshine, it appears that the spirits of people across the country have somewhat risen. Yet it is not only consumers celebrating the glorious weather, as retailers have been given something to celebrate with... Read More

B&Q Profits Hit by Cold Weather Snap

Posted on 5 June, 2013 by MOVEHUT under Business News

B&Q owner Kingfisher has said first-quarter profits fell by nearly 30 per cent after sales were affected by weak demand and the cold snap. Trade profits at Kingfisher, which also owns Screwfix in the UK and Castorama in France, fell to £114m for... Read More

Who Still Pays for their Shopping with Cash?

Posted on 1 June, 2013 by MOVEHUT under Business News

When you visit the high street for some retail therapy or do the weekly shop at your favourite supermarket, how do you pay for your goods? The majority of us will simply put it on a debit card, but are there still some people who swear by cash? As with... Read More

Debenhams Makes History by Signing Code of Conduct for Models

Posted on 28 May, 2013 by Kirsten Kennedy under Business News

In recent years, fashion retailers have come under increasing amounts of pressure to address the issue of welfare in the modelling industry. With stories circulating regarding the working hours and treatment of models by even some of the world’s leading... Read More

Halfords Results Fail to Impress Shareholders

Posted on by Kirsten Kennedy under Business News

Last summer the Olympics, and especially the success of Team GB on the medals front, caused a sporting boom in the UK which boosted the profits of specialist retailers at a time where any small rise in fortune was to be welcomed. Car parts and bicycle... Read More

April Retail Figures Prove Disappointing

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

After retail sales were hit by unexpectedly deep snowfall in March, many were hoping that last month would signal the start of a more positive spring/summer season than has been seen for quite some time on the high street. Unfortunately, figures released... Read More