ASOS reports double digit sales and profit growth
April 12, 2016 8:00 amOnline fashion retailer ASOS increased its revenues by 21% to £667.3 million in the first half of its financial year. In the six months to 29... View Article
General Merchandise News
Tesco sells stake in Lazada
April 12, 2016 8:00 amTesco has revealed that it has entered into an agreement to sell a partial stake in Lazada, the Southeast Asian e-commerce gateway, to Alibaba. The supermarket... View Article
Retail sales hit by early Easter
April 12, 2016 8:00 amUK like-for-like retail sales edged down 0.7% year-on-year in March although sales were distorted by the earlier timing of Easter this year. On a total basis... View Article
Ayr Central signs up New Look and Ernest Jones
April 11, 2016 7:33 amM&G Real Estate has signed up New Look and Ernest Jones to its Ayr Central shopping centre in Scotland. New Look is taking an 11,100 square... View Article
Sainsbury�s ends Brand Match in favour of lower regular prices
April 11, 2016 7:00 amSainsbury�s is replacing its Brand Match pricing with lower regular prices on popular everyday products such as chicken, bread, cheese, fresh produce and household cleaning items.... View Article
John Lewis unveils smart home technology experience at Oxford Street store
April 8, 2016 8:00 amJohn Lewis has set its sights on the future by opening what it claims is the UK’s largest smart home technology experience at its flagship Oxford... View Article
Bang & Olufsen opens raft of new stores
April 8, 2016 7:00 amAudio-visual brand Bang & Olufsen is expanding its UK presence with the opening of a raft of new branches. These include new stores in Wilmslow, Sevenoaks, Canterbury,... View Article
ASOS to discontinue local operations in China
April 8, 2016 7:00 amASOS has announced that it is to discontinue local operations in China although it will continue to serve its growing customer base in the country via... View Article
Marks & Spencer reports ‘unsatisfactory’ clothing and homewares performance
April 7, 2016 9:48 amMarks & Spencer has reported a 1.9% increase in group sales in its fourth quarter although like-for-like clothing and home sales fell by 2.7%. Sales in... View Article
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