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, 4th May 2012
Famous department store business Selfridges is poised to extend its flagship store on Oxford Street and is understood to be on the brink of appointing The Shard architect, Renzo Piano.
   
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category Retail  |  source  Retail Week - Fashion Retail
 
   
   
 
Fri, 4th May 2012
Fresh & Easy chief operating officer Jeff Adams has changing roles and is now leading Tescos Turkish business.
   
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category Retail  |  source  Retail Week - Food, Grocers & Supermarkets
 
   
   
 
Fri, 4th May 2012
Vision Express saw its pre-tax profits increase by 20% to £18.5 million in 2011 driven by "strong sales volume and value growth" at its owned and joint venture partner stores.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Fri, 4th May 2012
Next boss believes GDP figures will be adjusted to show growth and Jubilee will deliver sales boost.
   
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category Retail  |  source  Retail Week - Food, Grocers & Supermarkets
 
   
   
 
Fri, 4th May 2012
Vision Express has delivered a 20% increase in pre-tax profits, generating £18.5m in 2011 as it drove sales volume and highlighted value across the year.
   
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category Retail  |  source  Retail Week - Multichannel and Online Retail
 
   
   
 
Fri, 4th May 2012
Hobbs will embark on a major international push including store openings in France, Germany and Australia following the expected appointment of corporate adviser PwC.
   
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category Retail  |  source  Retail Week - Fashion Retail
 
   
   
 
Fri, 4th May 2012
John Lewis Oxford Street is to unveil its overhauled beauty hall next week ahead of the Jubilee and Olympics, where it expects to wow shoppers.
   
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category Retail  |  source  Retail Week - Fashion Retail
 
   
   
 
Fri, 4th May 2012
River Island is to introduce external womenswear brands for the first time as it seeks a low-risk way to diversify its product offering.
   
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category Retail  |  source  Retail Week - Fashion Retail
 
   
   
 
Fri, 4th May 2012
HMV and Asda are best-placed to scoop up market share following Game store closures in a competitive entertainment market.
   
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category Retail  |  source  Retail Week - Food, Grocers & Supermarkets
 
   
   
 
Fri, 4th May 2012
Asda is mulling implementing a version of its parent Walmarts pay with cash initiative, which allows customers to order online and pay using cash in store.
   
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category Retail  |  source  Retail Week - Food, Grocers & Supermarkets
 
   
   
 
Fri, 4th May 2012
Next boss believes GDP figures will be adjusted to show growth and Jubilee will deliver sales boost.
   
 Read the full article 
   
category Retail  |  source  Retail Week - Food, Grocers & Supermarkets
 
   
   
 
Thu, 3rd May 2012
Outdoor specialist The North Face has been handed a £2.8m fine for price-fixing.
   
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category Retail  |  source  Retail Week - Fashion Retail
 
   
   
 
Thu, 3rd May 2012
Collapsed game and console retailer GAME has announced that five members of its senior team are to leave the business as part of its restructuring process.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Thu, 3rd May 2012
Tesco is launching a new marketing campaign to promote its new low-cost Everyday Value brand.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Thu, 3rd May 2012
Tensator, the queue management specialist, has been included in the list of "Cool Vendors" in the Retail Cool Vendors 2012 report by Gartner, Inc.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Thu, 3rd May 2012
The Waitrose supermarket chain has launched a staff volunteering scheme which will see all 277 branches donating 250 hours of partners' time to local charities and good causes each year.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Thu, 3rd May 2012
Tesco is launching an new marketing campaign to promote its new low-cost Everyday Value brand.
   
 Read the full article 
   
category Retail  |  source  The Retail Bulletin
 
   
   
 
Thu, 3rd May 2012
Aurora Fashions president Stewart Binnie has stepped down from the board with immediate effect.
   
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category Retail  |  source  Retail Week - Fashion Retail
 
   
   
 
Thu, 3rd May 2012
Next chief executive Lord Wolfson has sold £3.8m of shares to help pay for his wedding and new home.
   
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category Retail  |  source  Retail Week - Fashion Retail
 
   
   
 
Thu, 3rd May 2012
Chocolatier Thorntons saw a fall in its third quarter sales as its ongoing store closure programme and a tough consumer environment affected revenue.
   
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category Retail  |  source  The Retail Bulletin
 
   
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Fri, 18th May 2012
Morrisons completes in-store bakery revamp
Morrisons is relaunching its in-store bakeries and has introduced new packaging to display the products. 

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Fri, 18th May 2012
John Lewis reports strong bank holiday trade
John Lewis benefited from strong bank holiday trade last week as sales closed 16.6% higher than the same week last year.

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Fri, 18th May 2012
John Lewis reports strong trade bank holiday trade
John Lewis benefited from strong bank holiday trade last week as sales closed 16.6% higher than the same week last year.

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Fri, 18th May 2012
Poundworld launches discount wholesale website
Discount retailer Poundworld has launched a discount wholesale website which targets independent retailers, e-bay sellers and market traders

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Fri, 18th May 2012
Poundland launches discount wholesale website
Discount retailer Poundworld has launched a discount wholesale website which targets independent retailers, e-bay sellers and market traders

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Fri, 18th May 2012
Signs of optimism among local shops
The number of local retailers considering making investments in their stores has increased, according to a survey conducted by the Association of Convenience Stores.

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Fri, 18th May 2012
Research reveals shopping centres as most effective locations for experiential marketing
The British Council of Shopping Centres and the Institute of Promotional Marketing have said that new research conducted by the two organisations has shown that shopping centres offer advertisers and brands the most effective venue for brand engagements and experiential marketing activity.

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Fri, 18th May 2012
John Lewis partners with Kuoni on new concept travel concessions
Employee-owned department store chain John Lewis has announced a new partnership with Kuoni which will see the travel company launch concessions in four of the retailer's shops.

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Fri, 18th May 2012
John Lewis partners with Kuoni on new concept travel concessions
Employee-owned department store chain John Lewis has announced a new partnership with Kuoni which will see the travel company open travel concessions in four of the retailer's shops.

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Fri, 18th May 2012
Armani opens in Wales for first time
Designer fashion label Armani is opening its first store in Wales in St Davids shopping centre, Cardiff, it is understood.

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Fri, 18th May 2012
Bolland bonus under threat as profits likely to fall
Marks & Spencers chief executive Marc Bollands bonus is under threat as the retailers profits are expected to fall.

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Fri, 18th May 2012
John Lewis enjoys strong bank holiday sales
John Lewis enjoyed a strong bank holiday last week, recording a 16.6% uplift in sales.

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Fri, 18th May 2012
McArthurGlen hosts cliff-top fashion show
Tourists travelling across the English Channel have been treated to a pop-up catwalk show on top of the White Cliffs of Dover.

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Fri, 18th May 2012
Asda's like-for-like sales rise 2.2%
Asda, the Walmart owned supermarket chain, saw its like-for-like sales grow by 2.2% in its first quarter helped by strong growth in its core grocery division and in childrenswear.

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Fri, 18th May 2012
Boots launches new food range in bid to build market share
Boots is aiming to build food market share with the launch later this year of a range built around evening meals, and may even sell wine.

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Fri, 18th May 2012
Oak Furniture Land to increase store numbers
Oak Furniture Land is to more than double store numbers over the next 18 months after strong growth in the past year.

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Fri, 18th May 2012
Dunkerton considers overseas flagship for SuperGroup
SuperGroup boss Julian Dunkerton is considering opening Regent Street-style Superdry stores overseas following the success of the London flagship.

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Fri, 18th May 2012
Victorias Secret races to open London shops for the Olympics
First UK stores to open days before the Games as the retailer aims to capitalise on tourism boom.

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Fri, 18th May 2012
Irish food wholesaler Musgrave eyes click-and-collect
Musgrave is searching for a big retail partner to strike a click-and-collect partnership.

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Fri, 18th May 2012
Boots launches new food range in bid to build market share
Health and beauty giant may even sell wine as it launches evening meal range.

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