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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Fri, 23rd July 2010
Menswear retailer Charles Tyrwhitt will open a store on Londons Regent Street by the autumn.
   
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category Retail  |  source  Retail Week - Fashion Retail
 
   
   
 
Fri, 23rd July 2010
Footwear retailer Dune Group aims to generate 20% of its total sales from its overseas business over the next five years as it grows its international stores from 20 to between 120 to 150.
   
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category Retail  |  source  Retail Week - Fashion Retail
 
   
   
 
Fri, 23rd July 2010
Blacks Leisure has sold 10,000 loyalty cards just two weeks since it launched the scheme in stores, and the retailer hopes it will be a key driver of sales, as like-for-likes fell 7.5% in the 17 weeks to June 26.
   
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category Retail  |  source  Retail Week - Fashion Retail
 
   
   
 
Fri, 23rd July 2010
Lifestyle retailer Joules is targeting major city centre locations for store openings for the first time, after reporting net profit soared 200% to £3.6m in the year to May 1.
   
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category Retail  |  source  Retail Week - Fashion Retail
 
   
   
 
Fri, 23rd July 2010
Debenhams has completed a £650m refinancing ahead of schedule.
   
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category Retail  |  source  Retail Week - Fashion Retail
 
   
   
 
Fri, 23rd July 2010
Broadened appeal, focus on own-brand and tighter cost control lifts hardware retailer
   
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category Retail  |  source  Retail Week News
 
   
   
 
Fri, 23rd July 2010
Findel has instigated a full review of its business after losses widened for the group in what it described as a challenging year.
   
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category Retail  |  source  Retail Week - Multichannel and Online Retail
 
   
   
 
Fri, 23rd July 2010
Panmure Gordon reiterated its buy advice on home shopping group N Brown following an investor evening last week.
   
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category Retail  |  source  Retail Week - Multichannel and Online Retail
 
   
   
 
Thu, 22nd July 2010
Kingfisher has reported a small drop in like-for-like sales in the 10 weeks to 10 July, but half year profits remain on track.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Thu, 22nd July 2010
Research shows that one in four shoppers in New York and London plan to use the Internet to continue shopping after visiting a store.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Thu, 22nd July 2010
Sports Direct International has reported group revenue of £1.452bn for the year to 25th April, up 6.2% compared to £1.367bn the prior year.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Thu, 22nd July 2010
As consumers are starting to look to their smartphones for an enhanced shopping experience, leading U.S. retailers are hoping to capture first-mover advantage in the growing mobile channel, according to a new study released today by Forbes Insights.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Thu, 22nd July 2010
A number of factors will combine to create the most inflationary environment since the mid-1980s, according to Verdict, the retail consultancy. Consumers can expect prices to rise by over 4% this year with more modest rises in every year out to at least 2014.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Thu, 22nd July 2010
Ryman has redeveloped its website www.ryman.co.uk following a major investment in new eCommerce infrastructure.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Thu, 22nd July 2010
New research has revealed that 54% of Brits think that supermarkets are 'branching out too much;' the reason for the majority, 61% being the fear that independent retailers are being 'left out of business.'
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Thu, 22nd July 2010
Retailers including Waitrose, Asda, Morrisons and Booths have signed up to support a new fund set up by the Prince of Wales to help British farmers.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Thu, 22nd July 2010
The value of retail sales excluding fuel rose by 3.2% in June compared with the same month last year, according to the ONS.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Thu, 22nd July 2010
JJB Sports chiefs are expected to meet GMB union bosses today in a showdown over recognition at the retailers Wigan distribution depot.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Thu, 22nd July 2010
DIY group Kingfisher suffered a sales decline at its UK arm in the second quarter as shoppers avoided big-ticket purchases.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Thu, 22nd July 2010
Sports Direct delivered its best ever day of trading on the day England played the USA in this years World Cup and has posted a surge in full-year profits.
   
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category Retail  |  source  Retail Week News
 
   
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Tue, 7th February 2012
Passport to Success in International e-commerce Markets
The internet has opened up a world of opportunity for online merchants. No longer confined to selling within their own geographic borders, today's e-retailers have access to a global customer base. What opportunities and threats does this new world-order create? And how ready are you to grab your share of the global consumer wallet? By Shane Fitzpatrick, President & Managing Director, Chase Paymentech Europe

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Tue, 7th February 2012
Amazon topples HMV to become UK's biggest entertainment retailer
Amazon is the biggest player in the UK entertainment sector after toppling HMV for the first time.

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Tue, 7th February 2012
Jools Oliver to launch range with Mothercare
Jools Oliver, author and wife of celebrity chef Jamie, is to launch a clothing and nursery accessories range with mother and baby products retailer Mothercare.

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Tue, 7th February 2012
Argos, Comet and Dixons pledge action on extended warranties
Electrical retailers Argos, Comet and Dixons have offered legal undertakings to improve the way the extended warranties market works, the Office for Fair Trading said today.

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Tue, 7th February 2012
Jenny Packham to design collection for Debenhams
Jenny Packham, a designer favoured by the Duchess of Cornwall, is to design a collection for Debenhams.

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Tue, 7th February 2012
Retailers come to together to promote value of apprenticeships
The UK's leading retailers came together yesterday to promote the value of retail apprenticeships.

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Tue, 7th February 2012
M&S customers recycle their 100th million hanger for Unicef
Customers at Marks & Spencer have helped the retailer raise £370,000 for Unicef through the recycling of garment hangers.

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Tue, 7th February 2012
Sainsbury's to sponsor tree planting scheme to mark Queen's Diamond Jubilee
Sainsbury's is to become the lead corporate sponsor for the Woodland Trust's Jubilee Woods Project, which aims to plant six million native British trees to mark the Queen's Diamond Jubilee.

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Tue, 7th February 2012
Tesco expands Korean virtual stores
Tesco is to expand its virtual shopping walls in South Korea to target university students.

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Tue, 7th February 2012
Mothercare to launch range with Jools Oliver
Maternity retailer Mothercare is to launch a designer range with Jools Oliver, wife of celebrity chef Jamie.

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Tue, 7th February 2012
Amazon considers first physical store
Amazon is to open its first physical shop as it looks to showcase its Kindle.

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Tue, 7th February 2012
January retail sales like-for-like drop 'sobering'
January like-for-like sales fell by 0.3%, providing a sobering picture for 2012, according to the British Retail Consortium (BRC) KPMG Retail Sales Monitor.

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Tue, 7th February 2012
Empty shops on UK high streets set to rise in 2012
A new report has claimed that the number of empty shops on UK high streets is set to rise in 2012.

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Mon, 6th February 2012
UK retail sales values down 0.3% on a like-for-like basis from January 2011
Latest retail sales figures show consumer caution returns after Christmas celebrations.

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Mon, 6th February 2012
Gieves & Hawkes reduces stock levels after overhauling its IT systems
The Savile Row company said that it has set off a tailoring revolution with its new ready to wear and bespoke ranges whist stripping out £1 million in stock.

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Mon, 6th February 2012
Snow hampers grocery supplies
Poor weather conditions across the UK hit grocery supplies over the weekend as retailers battled the snow and ice.

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Mon, 6th February 2012
Boohoo.com owner reports 80% rise in profit
Pinstripe Clothing, owner of fashion website Boohoo.com, saw pre-tax profits climb 80% to £139,000 in 2011.

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Mon, 6th February 2012
350 jobs to be created through new Little Waitrose branches
Waitrose has marked the first anniversary of "little Waitrose" by announcing it is to create 350 jobs through opening six new convenience branches in central London this year.

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Mon, 6th February 2012
Research identifies top ten good practices for multi-channel retailers
New research by the Cranfield School of Management has identified ten 'good practices' for retailers operating across multi-channels.

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Mon, 6th February 2012
Nicole Vanderbilt to leave MyDeco
Nicole Vanderbilt has stood down from her role of CEO at MyDeco just three months after the company relaunched as a direct e-commerce store.

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