Tag: Retail Sector



India clears £70m Tesco Investment

Posted on 25 March, 2014 by Cliff Goodwin under Business News, Worldwide Property News

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

Next posts 12 per cent leap in Annual Profits

Posted on 21 March, 2014 by Kirsten Kennedy under Business News

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

Sainsbury’s reports First Fall in Sales in Nine Years

Posted on 18 March, 2014 by Kirsten Kennedy under Business News

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

Retail Sales fall for First Time in Ten Months

Posted on 13 March, 2014 by Kirsten Kennedy under Economy

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

Retail Innovation Hub launched in London

Posted on 11 March, 2014 by Kirsten Kennedy under Business News

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

UK Retail Sales Exceed Expectations

Posted on 27 February, 2014 by Kirsten Kennedy under Economy

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

Dixons and Carphone Warehouse enter Merger Talks

Posted on 26 February, 2014 by Kirsten Kennedy under Business News

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

Fashion Retailer Internacionale to Enter Administration

Posted on 25 February, 2014 by Kirsten Kennedy under Business News, Economy

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

Good News for the High Street as Consumer Confidence hits New High

Posted on by Kirsten Kennedy under Economy

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

Everything a Pound — Except its Shares

Posted on 19 February, 2014 by Cliff Goodwin under Business News

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