Industry News

Wed, 1st February 2012

Poundstretcher has axed its transactional website less than two years after it launched.

Wed, 1st February 2012

Ocado is to embark on an aggressive marketing plan over the next two years to increase shopper numbers.

Wed, 1st February 2012

Discount grocery retailer Ugo has been acquired by an unnamed retailer.

Wed, 1st February 2012

Tesco chief operating officer Bob Robbins will move roles within the business just three weeks after it was revealed he sold stock ahead of a profit warning.

Wed, 1st February 2012

John Walden, who will take up his new role by the end of February 2012 will bring his multichannel and technology expertise to the company.

Wed, 1st February 2012

Morrisons has acquired a meat processing facility in Winsford, Cheshire from Vion UK.The 105,000 sq ft site is a centralised fresh pork and lamb packing plant which has the capacity to expand into beef products and increase its overall production.The acquisition will give Morrisons greater capacity as it continues to grow and greater control over the quality of the meat

Wed, 1st February 2012

Have retailers lived up to the environmental ambitions they committed themselves to in 2008? Bob Gordon,Head of Environment, BRC

Wed, 1st February 2012

Online retail giant Amazon revealed a sharp drop in full year profits despite soaring sales.

Wed, 1st February 2012

Self styled retail guru Mary Portas will launch four more Mary & House of Fraser shop-in-shops, continuing her collaboration with the UK department store group.

Tue, 31st January 2012

While 73% of consumers now access websites on mobile devices, only 20% of companies have a mobile-optimised site.

Tue, 31st January 2012

Peacocks administrator KPMG has received six bids to buy the business, or parts of it, out of administration, Retail Week has learned.

Tue, 31st January 2012

Sandwich retailer Subway is to grow the number of stores it operates in the UK and Ireland to 2,000 over the next three years. The move will create around 6,000 new jobs.

Tue, 31st January 2012

Specsavers intends to claim damages following a legal win against Asda, after the grocer used the trademark spec saver phrase in an optical advertising campaign.

Tue, 31st January 2012

Dixons chief executive John Browett is to leave the electrical retailer to join Apple as its senior vice president of retail.

Tue, 31st January 2012

Dixons chief executive John Browett is to leave the electrical retailer to join Apple as its as senior vice president of retail.

Tue, 31st January 2012

Carpet and floor coverings retailer Carpetright has warned that it expects the difficult trading conditions to continue into 2012 and that underlying pre-tax profit will be below market expectations.

Tue, 31st January 2012

Tescos grocery market share has dropped significantly in the face of fierce competition according to new figures from Kantar Worldpanel.

Tue, 31st January 2012

Online grocer Ocado has reported a 26.6% rise in underlying earnings for the year to 27 November 2011. Group sales grew by 16.6% to £642.8 million from £551.1 million the year before.

Tue, 31st January 2012

Office, the fashion footwear retailer, saw like-for-like sales growth of 26% in the five weeks to 31 December compared to 19.4% in the same period in 2010.

Tue, 31st January 2012

With a spate of retail closures in recent weeks, the increase in vacant shops across the UK is bringing added risk of theft, damage, arson and squatting, according to vacant property experts.