Just five months after Wal-Mart pulled out of India because of “regulatory issues” Tesco has confirmed it intends to open a chain of stores on the sub-continent. The Indian government has already approved the plan. The British company is the first... Read More
UK fashion retailers are enjoying a stronger sales period of late, with the wet weather and chilly temperatures encouraging consumers to spend on winter clothing still found on the sales rails of many stores. Combined with the increase in sales over the past... Read More
In the battle of the supermarkets, Tesco’s top spot is increasingly under challenge from budget brands such as Lidl and Aldi and by its main competitor, Sainsbury’s. However, it appears that the UK’s largest chain may have some breathing space in the... Read More
The retail industry has become increasingly buoyant in recent months, with categories such as home ware and furniture leading many retailers to hope that the difficulties brought on by the financial crisis are firmly behind them. However, the fragility of the... Read More
A new retail innovation hub has launched in central London aiming to pair exciting start-up firms and entrepreneurs with larger companies looking to shake up their operations in the fields of data analytics, supply chain, advertising technology and retail... Read More
According to data published this week by the Confederation of British Industry (CBI), 45 per cent of retailers surveyed, claimed their sales volumes are significantly higher than those recorded a year ago, with only 8 per cent reporting a year on year... Read More
Mergers between larger brands within the retail industry have become commonplace of late, with many firms concerned that the current consumer climate does not provide enough scope for large-scale profit rises when operating alone. While homeware and... Read More
With consumer confidence on the rise, and the retail industry seeing widespread recovery, administrations have slowed significantly in the past year. However, retailers which do not correctly meet the needs of consumers are still at risk – a situation which... Read More
The retail industry suffered heavily at the hands of the recession, with news of administrations and liquidations hitting the press at an alarming rate. However, thanks to a combination of factors, recovery appears to be in full swing with the British Retail... Read More
Poundland — Europe's largest single-price discount retailer — has unveiled plans for a £750m flotation on the London Stock Exchange. It is the first of seven other high street and internet companies expected to go public this year. The Poundland... Read More