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www.marksandspencer.com
Over the past two years, UK retailer Marks and Spencer (M&S) has run a high-profile environmental campaign, but it recently found itself ranked as the supermarket having the worst packaging, according to a report in the Telegraph.
While M&S has made major improvements in its green credentials, it still lags behind Tesco, Sainsbury’s, ASDA, Waitrose and [...]
29th Jun 09
Waitrose sees jump in sales after essentials range launch
by Katie Naylor
www.waitrose.com
In the four week period to 13 June, Waitrose, the upmarket UK supermarket chain saw its sales rise by 8.4 per cent, following the introduction of its own-brand range of grocery items, according to the market research firm Nielsen.
Waitrose, which is a unit of the John Lewis retail group, launched the essentials range in March, [...]
26th Jun 09
Tesco to increase presence in UK insurance sector
by Harry Oldfield
www.tesco.com
UK retailer Tesco has revealed that if a proposed deal is agreed with Fortis, it will increase its presence in the British insurance market. According to the terms of the deal, the Dutch-Belgian insurance giant would provide car and household insurance to Tesco’s insurance customers.
In a deal that seems very likely to be concluded, the [...]
25th Jun 09
Woolworths revived as online business
by Adam Richards
www.woolworths.co.uk
Woolworths, which went out of business earlier this year, is being revived online this week by Shop Direct, the largest home shopping retailer in Britain. The 100-year-old variety retailer will become an Internet-only business.
Woolworths.co.uk will comprise a main shop that sells toys and clothing for children, an entertainment shop featuring CDs, DVDs and video games [...]
24th Jun 09
Fashion designer outlet growth seen across Europe
by Paul Russell
www.designeroutletroermond.com
Guards stood outside the gates of a new shopping centre, located a half-hour’s drive east of the German capital last week, for the opening of a concept in shopping new to the country – a designer outlet.
Resembling a village in the German countryside, the Berlin Designer Outlet Centre is the most recent of the new [...]
23rd Jun 09
Clothing and footwear retailers hit as sales drop
by Natasha Redman
www.statistics.gov.uk
Last month, clothing and footwear shop owners felt the pressure as retail sales fell, the latest figures have indicated.
Between April and May, retail sales volumes declined by 0.6 per cent, according to the Office for National Statistics (ONS).
22nd Jun 09
Queues at some stores for iPhone 3G S launch
by Katie Naylor
www.apple.com
When Apple’s new iPhone 3G S went on sale in the UK on 19 June, there were queues of as many as hundreds of eager consumers outside Apple, Carphone Warehouse and O2 stores.
Carphone stores opened at 7:30am, having gotten a half-hour exclusive on the release. It was the only UK retailer offering a discount on [...]
19th Jun 09
Survey shows slowing of growth in UK online spending
by Harry Oldfield
www.imrg.org
According to the results of a survey released on Thursday, the recession is beginning to have an impact on the UK’s online retailers, even as they report growth rates that would be welcomed by their high street counterparts.
The IMRG Capgemini e-Retail Sales Index is showing a year-on-year rise in online retail sales of 8.2 per [...]
18th Jun 09
Crombie considers buying rival Aquascutum
by Adam Richards
www.crombie.co.uk
The fashion house Crombie, whose trademark tailored overcoats have gained popularity once again thanks to The Specials, are said to be in talks regarding the acquisition of rival British brand Aquascutum.
Noted for its tailored suits and rainproof coats, Aquascutum was put on the auction block earlier this year by Japanese owner, Renown, following the failure [...]
17th Jun 09
Tesco posts best quarterly UK sales in two years
by Paul Russell
www.tesco.com
Tesco, the third-largest of the world’s retailers, recently announced its best quarterly sales performance in Britain in two years, noting that it was closing in on the growth rates reported by its domestic competitors.
On Tuesday, the company reported that first-quarter sales at its UK stores that had been open for at least a year were [...]
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