Month: November 2018
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Nov- 2018 -7 NovemberSupermarkets
New £45m Co-op distribution centre to create 1,200 jobs
The Co-op has agreed terms for a new £45m distribution depot to support the retailer’s ambitions for continued growth across…
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7 NovemberComment
Digital-first retailers cannot overlook payments
Despite the retail industry being worth £366bn to the UK in 2017, the traditional high street has struggled this year.…
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7 NovemberPeople Moves
John Lewis Partnership chairman to step down in 2020
The John Lewis Partnership has announced its chairman Sir Charlie Mayfield is to step down from his role in 2020.…
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7 NovemberClothing & Shoes
Marks and Spencer sales fall
M&S’ group revenue has dropped by 3.1% to £4,966.9m in its half-year results to the year ending 15 September 2018.…
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6 NovemberHigh Street
Pandora reduces FY expectations amid ‘unsatisfactory Q3’
Pandora has reduced its full-year expectations after experiencing an “unsatisfactory” third quarter in 2018. In Q3 group revenue decreased 3%…
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6 NovemberDepartment Stores
Debenhams ratings downgraded by Moody’s
Debenhams has had its ratings downgraded for a second time in two months by ratings agency Moody’s. Moody’s Investors Service…
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6 NovemberAnalysis
Tackling the serial returner – time to ban them?
I think like most online and brick and mortar stores, we’ve noticed an increasing challenge with serial returners. We sell…
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6 NovemberSupermarkets
Morrisons reports 5.6% sales increase for Q3
‘Big 4’ retailer Morrisons has reported a 5.6% increase in like-for-like (LFL) sales for the 13 weeks to 4 November…
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6 NovemberClothing & Shoes
Primark’s like-for-like sales slide
Like-for-like sales at Primark saw a 2.1% decline in its financial results to the year ending 15 September 2018. Despite…
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6 NovemberHigh Street
Marks and Spencer half-year profits expected to drop
M&S is expected to report a double-digit drop in its half-year profits next week, according to predictions by City analysts.…
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