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www.theoutnet.com For fashion lovers who enjoy shopping online, a new website has just been launched that is a sister site to net-a-porter.com – already a popular option. Online shoppers have found designer fashions at net-a-porter.com for the last nine years, with many saying that the site rivals Bond Street for high-end fashion and for high [...]
(Read More)27th Apr 09
Scotmid in England expansion of discount pharmacy operation
by Natasha Redman
www.scotmid.com Co-operative retailer Scotmid has announced its plans for a multi-million pound expansion effort that will see its semichem discount pharmacy presence extend into England, after experiencing significant earnings growth despite current economic conditions. The Edinburgh-based company is looking at opening 10 new semichem stores in northern England later this year, hoping to replicate its [...]
(Read More)17th Apr 09
Ideal Shopping reports loss of over 11 million pounds
by Natasha Redman
www.idealworld.tv UK home shopping retailer, Ideal Shopping Direct, has reported a significant full-year loss for 2008 that it says is due to exceptional costs during the period, higher operating expenses and reduced sales. According to the company’s board, a final dividend will not be recommended.
(Read More)7th Apr 09
Rising food prices hit poor hardest
by Natasha Redman
www.thegrocer.co.uk As food prices rise in the UK and the economic downturn continues, those with the least to spend are struggling to feed themselves and their families, the charity Save the Children has warned.
(Read More)30th Mar 09
Consumers downgrading to cheaper brands
by Natasha Redman
www.sainsburys.co.uk For many items bought at groceries, thousands of shoppers in Northern Ireland are abandoning major brand names and buying cheaper alternatives. Sainsbury’s has released new figures showing that their customers increased purchases of the retailer’s own low-cost label sales by 60 per cent in the last year.
(Read More)20th Mar 09
Credit card fraud exceeds 600 million in UK
by Natasha Redman
www.apacs.org.uk In the UK last year, losses due to credit card fraud reached £609.9 million, which was a sharp increase over the £535.2 million reported in the previous year. According to recent figures from the payments association APACS, the increase was driven by crime in which the cardholder was not present.
(Read More)