Our Stories
- SuperGroup issues profits warning
- Summer bookings boost for TUI Travel
- Consumers cut back in January following Christmas surge
- BT to introduce ultra-fast broadband
- Retail veteran warns of high street death spiral
- Tesco exec who sold shares moved from role
- Tesco market share slips
- UK consumer confidence recovers
- Gary Speed talked of suicide before death
- Tesco scraps carbon-label pledge
- UK university applicant numbers fall 8.7%
- Stelios blasts easyJet bonuses
Popular Topics
afghanistan al qaeda Apple ASDA bank of england barack obama BBC british airways china david cameron Debenhams Egypt facebook george osborne Google India ipad iphone ivory coast japan Libya London M&S Marks & Spencer Morrisons nhs North Korea Office for National Statistics pakistan protests russia sainsburys Sainsbury’s South Korea terrorism Tesco Tunisia UK UK retailers UK retail news UK shopping us Waitrose Wikileaks x factorArchive
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- January 2009
SuperGroup, the parent of the Superdry brand, has warned on profits and decided to review its store opening plans, four weeks after informing investors that the business had had a “solid Christmas” and was seeing “an improving sales trend”. The company issued its latest trading update yesterday revealing that sales in the final three weeks [...]
(Read More)31st Jan 12
Tesco scraps carbon-label pledge
by Katie Naylor
Tesco has scrapped its plan to have all its products labelled with their carbon footprint, claiming the amount of work required and the fact that other supermarkets did not follow suit were to blame. In January 2007, Tesco’s then-chief executive Sir Terry Leahy spoke of a “green consumption revolution” with the company vowing to attach [...]
(Read More)30th Jan 12
US economy sees fourth quarter growth increase
by Katie Naylor
The speed f the US economy growth picked up in the fourth quarter of last year, official figures showed. The economy expanded at an annualised rate of 2.8 per cent, said the Commerce Department. This was an increase on the annual rate of 1.8 per cent reported in the previous quarter, but it was marginally [...]
(Read More)27th Jan 12
Mitchells & Butlers sales boosted by mild winter
by Katie Naylor
Restaurants and pubs group Mitchells & Butler reported a better-than-anticipated rise in first quarter sales, benefitting from milder weather during the festive period and high demand for casual dining. The group, whose chains include Toby Carvery, All Bar One and Harvester, said it was confident that growth would continue in the coming year. M&B said [...]
(Read More)26th Jan 12
UK public debt clears £1trn barrier
by Katie Naylor
The sovereign borrowing debt pile which the UK has amassed rose above the £1trn barrier for the first time in history in December, revealed official figures. Net debt, not taking financial interventions into account, hit £1,003.9bn, which equates to 64.2 per cent of GDP. The £1trn barrier was breached in spite of the fact that [...]
(Read More)25th Jan 12
Starbucks to offer wine and beer
by Katie Naylor
Starbucks is set to offer wine and beer in a number of cafes in southern California and Georgia by the end of this year. The biggest coffee chain in the world introduced the alcoholic beverages to a cafe in Seattle in October 2010. Now there are five Seattle-based outlets, plus one in Portland, Oregon, which [...]
(Read More)24th Jan 12
Bonmarche bought by private equity group
by Katie Naylor
Fashion retailer Bonmarche, part of the collapsed Peacocks Group, has been purchased for an undisclosed amount by private equity firm Sun European Partners. However, the acquisition could lead to around 1,400 redundancies. Sun European Partners, which bought all except three of Bonmarche’s stores, has revealed that 230 stores will remain open but around 160 will [...]
(Read More)23rd Jan 12
Airbus insists A380 still safe
by Katie Naylor
Airlines could have to carry out regular and detailed checks of their A380 superjumbos following the admission by Airbus that it discovered small cracks on two aeroplanes’ wings. The European aircraft manufacturer revealed that it found the cracks on two A380s when conducting routine checks but insisted that the airliner remains safe to fly. The [...]
(Read More)20th Jan 12
Primark deliver strong Christmas results
by Katie Naylor
Budget retailer Primark saw a boom in sales during the fourth quarter as it continues to see its stature grow on the high street. Associated British Foods, the owner of Primark, said that overall sales at its 232 outlets across Europe had risen by 16 per cent during the 16 weeks ending 7 January in [...]
(Read More)19th Jan 12
Scottish shops report worst December
by Katie Naylor
Shopkeepers in Scotland have delivered their worst December since 1999, figures from the Scottish Retail Consortium (SRC) have revealed. Although last month’s sales increased by 1.6 per cent in comparison with a year earlier, it was the poorest December since the survey started in 1999. There was an increase in like-for-like sales – which do [...]
(Read More)