Tesco has ended its in-store concessions trial with Pret A Manager after just over a year. The grocer and coffee chain announced the trial in May last year, with the first concession launching a month later. The trial was in an effort to broaden its traditional customer base beyond office worker...
Halfords has grown its total revenue by 9.2% year-on-year in the 20 weeks to 19 August after being boosted by a strong performance at its autocentres business. However, group like-for-like sales were down 1.9% in the period against strong prior year comparatives when sales benefited from the UK emerging from the...
Fast fashion e-tailer Shein is continuing to cement its brick and mortar strategy with the opening of its latest pop-up experience, set to take place in London from September 16 to 18. Located in the city’s West End, the space will house a curated collection of the Chinese retailer’s seasonal lines,...
Matalan’s founders are eyeing up a sale, as the fashion firm struggles to fight off inflationary pressure. As first reported by the Sunday Times, the retailer’s chairman John Hargreaves is understood to be working with advisors at Lazard on a potential deal. This deal could mean a suitor snapping up the whole...
Retail sales growth slowed in August as the cost-of-living crisis forced shoppers to reduce their spending, Figures from the British Retail Consortium and KPMG in their monthly sales monitor show that total sales edged up 1% in the month following growth of 2.3% in July when the heatwave boosted spending. In the...
Liz Truss is set to become the UK’s new Prime Minister today after beating Rishi Sunak in a leadership election for the Conservative party. Her appointment will be confirmed following her visit to Balmoral in Scotland from where Queen Elizabeth II is expected to formally approve the formation of a new...
Homebase has launched its online Christmas store earlier than ever this year to help shoppers get one step ahead in their festive preparations. The retailer has now made its full range of Christmas products available on its website with items priced from £3. Products range from artificial Christmas trees to baubles,...
A new survey by eBay has revealed that its partnership with TV programme Love Island has boosted the popularity of pre-loved fashion. The research shows that nearly half of Love Island viewers said they would consider buying pre-loved over new items after watching this year’s series. Following the appointment of Love Island...
Aldi has pledged to remove best before dates from around 60 of its own brand fruit and vegetable products by the end of the year. The move forms part of the supermarket’s commitment to reduce food waste by 20% by 2025 and halve it by 2030. As part of its food waste...
Following an investigation by the Competition and Markets Authority, Waitrose has admitted to signing land agreements which blocked other supermarkets from opening stores nearby. The grocer was found to have made seven breaches of the Groceries Market Investigation (Controlled Land) Order 2010 between 2010 and 2019 after the CMA took a...
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