Industry News

Knowledge is power, or so they say!  The People Pod have compiled some of the latest UK retail, FMCG industry and company news, to save you the hassle of sifting through the business pages...
 
   
 
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Thu, 26th August 2010
Co-operative Group has posted a surge in first half profits but like-for-likes at its food arm fell because of disruption caused by the integration of Somerfield.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Wed, 25th August 2010
The shopping service launches with the offer of free delivery on orders over £50 to UK addresses. Banana Republic and Gap have separate online sites but serve customers via one checkout.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Wed, 25th August 2010
Supermarkets and their customers have reduced the number of 'single-use' carrier bags being handed out for the fourth year in a row.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Wed, 25th August 2010
Asda Income Tracker reveals price of petrol is the biggest pressure on family finances in July 2010
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Wed, 25th August 2010
Yell is to give a strong boost to small businesses in the UK through enabling targeted advertising on Facebook as part of its netReach product.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Wed, 25th August 2010
While Britain may be officially out of recession, latest research from Mintel reveals two thirds of consumers are still worried about the state of the economy and that five out of the top six worries are economic, highlighting the impact the recent financial climate has made.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Wed, 25th August 2010
The number of carrier bags being handed out by supermarkets has fallen by 4.6 billion over the last four years.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Wed, 25th August 2010
Marks & Spencer is to proceed with the closure of four stores in Lincolnshire and Warwickshire, which locals had campaigned to keep open.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Wed, 25th August 2010
Halfords is facing further disruption due to problems at its new distribution centre, which will likely have an effect on second quarter sales, according to one analyst.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Wed, 25th August 2010
Asda will drop the price of fuel at its pumps by 1p a litre in time for the bank holiday weekend.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Tue, 24th August 2010
Marks & Spencer is to open its first store in Egypt within the next year.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Tue, 24th August 2010
Halfords new distribution centre has disrupted supply to stores, according to the Daily Mail.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Tue, 24th August 2010
Bookseller Waterstones has confirmed it will next week open a restaurant and bar in its Deansgate branch in Manchester, as well as a new café in its Cambridge shop.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Tue, 24th August 2010
Pawnbroker H&T said that pre-tax profits soared 70.6% in the six months to June 30 with retail sales up 22% for the period to £8.6m.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Tue, 24th August 2010
Marks & Spencers largest shareholder has welcomed the appointment of its new chairman Robert Swannell.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Tue, 24th August 2010
Marks & Spencers largest shareholder has welcomed the appointment of its new chairman Robert Swannell.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Mon, 23rd August 2010
Marks & Spencer has named HMV's Robert Swannell as its next chairman, to succeed Sir Stuart Rose on January 4.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Mon, 23rd August 2010
GfK Retail and Technology Global revealed today that for the first time in nearly two years the UK Mobile Handsets market has posted three consecutive months of year on year growth
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Mon, 23rd August 2010
According to the recent e-Dialog Global E-mail Attitudes Survey almost half (43%) of UK consumers claim to have made an offline purchase as a result of receiving a marketing e-mail. BY Luke Griffiths
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Mon, 23rd August 2010
But it could inadvertently act as a catalyst for wider economic changes that may adversely affect retail spending.
   
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category Retail  |  source  The Retail Bulletin
 
   
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Tue, 7th September 2010
WHSmith buys Gadget Shop brand
WHSmith has bought gadget and gift brand the Gadget Shop from toy retailer The Entertainer.

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Tue, 7th September 2010
Sports Direct enjoyed World Cup Boost
Total group sales increased to £408m for the 13 weeks ending 25 July 2010 from £375m a year earlier.

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Tue, 7th September 2010
Debenhams launches surprise in-season Sale
Debenhams has launched a four day Sale Spectacular on new autumn stock, a highly unusual move for the department store.

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Tue, 7th September 2010
Back to School boosted retail sales rise but confidence remains fragile.
UK retail sales values were up 1.0% on a like-for-like basis from August 2009, when sales had fallen 0.1%. On a total basis, sales were up 2.8% against a 2.2% increase in August 2009.

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Tue, 7th September 2010
Tesco director Lucy Neville-Rolfe joins ITV board
Tesco corporate and legal affairs director Lucy Neville-Rolfe has joined the board of ITV, the UKs biggest commercial broadcaster.

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Tue, 7th September 2010
H&M proposes global employee incentive scheme
Swedish fashion retailer H&M is launching a major global employee incentive scheme to encourage staff and reward loyalty.

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Tue, 7th September 2010
Strong first quarter for Sports Direct
Sports Direct had a strong first quarter despite a poor performance from the England team in the football World Cup with sales up 8.8% to £408m in the 13 weeks to July 25.

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Tue, 7th September 2010
Ocado sales up 30%, but shares fall in early trading
Ocado has revealed strong sales growth this morning in its first trading update as a quoted company, but its shares fell following the update.

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Tue, 7th September 2010
Retail sales rise in August
Retail sales rose 1% like-for-like in August and 2.8% in total, the BRC-KPMG Retail Sales Monitor showed.

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Tue, 7th September 2010
Sales rise at Ocado
Ocado Group said gross sales increased 29.5% to £126.5m for the 12 weeks to 8th August (2009: £97.7m), with average orders per week for period of 92,834.

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Mon, 6th September 2010
Best summer for years on the high street
Growth across board as Autumn ranges hit the shelves

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Mon, 6th September 2010
How will LEP impact retailers?
Retailers support the drive for more business involvement in local decision making, but have concerns about how plans to devolve power could impact on national businesses.

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Mon, 6th September 2010
Mobile Advertisers Forecast to Spend $1.8 Billion on Location-Based Campaigns in 2015
Location-based advertising is still in its infancy, but according to a new study from ABI Research, businesses are primed to spend $1.8 billion on it in 2015 as part of their overall mobile marketing budgets.

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Mon, 6th September 2010
Survey reveals demand for mobile commerce and shopping
Majority of respondents would use their mobiles to buy big-ticket items

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Mon, 6th September 2010
Consumers are seeking out retailers on Facebook and Twitter in growing numbers
83% of consumers buying online at least once a week

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Mon, 6th September 2010
UK tackles online payment fraud head on
Shopping online has never been more secure for UK consumers thanks to strategies put in place by retailers to beat card crime

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Mon, 6th September 2010
Lidl UK boss steps down
Lidl UK managing director Frank-Michael Mros is understood to have stepped down from his post.

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Mon, 6th September 2010
Food for thought: Online food retail's future depends on label standardisation
Every six months or so, the cycle of food labelling rumours re-surface, with reports that the FSA are once again suggesting a change in food labelling. The most recent of these was the suggestion of including traffic light labelling on products, a proposal which has since been dropped.

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Mon, 6th September 2010
BRC seeks assurances on local enterprise partnerships
The British Retail Consortium has welcomed opportunities for business to become involved in local decision making but warned that localism should not be allowed to harm national companies.

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Mon, 6th September 2010
John Lewis profits to bounce back
John Lewis is expected to say that profits at the department store chain have returned to pre-recession levels when it updates on its half-year results this month.

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