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Tesco has announced that it will be changing its opening hours at 76 stores throughout the UK, which will see an end to 24-hour trading at the locations. The supermarket group currently has 400 stores which stay open 24 hours. However, retail director Tony Hoggett said that the growth of online shopping...
John Lewis has reported healthy trading for last week with a sales growth of 7.1% year-on-year with Ashford being the top performing store which saw its sales climb by 19% on last year. This was followed by the Chester, York and Ipswich stores which all posted double-digit percentage increases. Online sales also...
Amazon has extended its Prime Now fast delivery service to Prime members in Liverpool and the surrounding areas including Warrington, Birkenhead and Wigan. The service, which launched for Prime members in London and Birmingham last year and was extended to Manchester in December, offers one-hour delivery on thousands of everyday essentials. Liverpool...
Waitrose has revealed plans to open a new store in London's Bressenden Place in Victoria. The store is due to launch in September 2016, the will be the tenth Waitrose store in the City of Westminster. Waitrose expects to create approximately 60 jobs at the new store. The 9,000 square foot unit...
H&M will be upsizing its store at Kent's Bluewater shopping centre as it looks to create a flagship store for the South East. The current Bluewater store will be increased in size to 40,000 square feet after incorporating an additional 15,000 square feet of space. The extra space will be used...
Ocado has announced a series of changes to its board composition in line with its succession plans. The online supermarket has selected deputy chief executive of Dixons Carphone, Andrew Harrison, as an independent non-executive director of Ocado. He will take up his role on 1st March. Ocado chairman, Lord Rose said: "We...
Luxury Retailer Jimmy Choo saw its revenue rise by 6%, to £318 million in the year ended 31 December mostly due to strong growth across Asia and Japan and also driven by new store openings. The company reported that its best performing category was shoes, which represented 76% of net revenues....
Carpetright has announced a 6% rise in like-for-like sales in the four weeks to January 23rd, boosted by strong trading over the Christmas period. Carpetright chief executive Wilf Walsh said: "In the UK, we delivered our ninth consecutive quarter of like-for-like sales growth. While we saw some softening of like-for-likes in...
Apple has said that iPhone sales growth has slowed and warned that annual sales will fall for the first time since the product’s launch in 2007. In the first quarter of the year, Apple sold 74.8 million iPhones, accounting for 68% of the company’s revenues which are predicted to be between...
Groceries code adjudicator Christine Tacon has lambasted Tesco over its dealings with suppliers. Following the accounting scabdal which overtook the retailer in 2014, both the GCA and Serious Fraud Office began separate enquiries into the company’s business practices. Ms Tacon said that the company “knowingly delayed paying money to suppliers in order...
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