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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Wed, 25th January 2012
Asda has lost another top executive as new business director Arnu Misra exits the business.
   
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category Retail  |  source  Retail Week - Food, Grocers & Supermarkets
 
   
   
 
Wed, 25th January 2012
The Association of Convenience Stores has launched a campaign aimed at persuading government to cap the annual business rates increase at 2% in line with government targets for inflation.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Wed, 25th January 2012
Costcutter has boosted its retailer support services team with the appointment of Richard Nicholson as trading manager.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Wed, 25th January 2012
WHSmith said it delivered a resilient performance despite a 5% drop in like-for-likes over the 21 weeks to January 21.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Wed, 25th January 2012
Asda is to take its George brand to the Middle East and the Channel Islands.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Tue, 24th January 2012
The software aims to make dealing with complicated tax regimes and customer service in local languages more straightforward.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Tue, 24th January 2012
Edinburgh Woollen Mill is to open 150 high street and mall stores this year, as well as more than 100 across the rest of the group that includes Jane Norman.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Tue, 24th January 2012
Edinburgh Woollen Mill is to push the button on an aggressive expansion strategy as it plans 150 high street and mall store openings this year, making it one of the few retailers to invest in significant new space in 2012.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Tue, 24th January 2012
Land Securities has revealed in its third quarter trading statement that its 185-221 Buchanan Street development in Glasgow is now 90.7% pre-let. The scheme, which is due to open in 2013, has signed up a number of retailers recently including Watches of Switzerland, Skechers and Fat Face.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Tue, 24th January 2012
Seven senior managers are to leave The Co-operative as the economic downturn hits one of the UKs largest businesses.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Tue, 24th January 2012
Construction sets, outdoor toys and dolls drive the market in 2011
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Tue, 24th January 2012
Sales at Flying Brands fell to £4.83 million in its final quarter of 2011 compared to £6.43 million in the same period in the previous year.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Tue, 24th January 2012
Carphone Warehouse Group has said that it is confident it will achieve full year headline earnings guidance despite a challenging outlook.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Tue, 24th January 2012
Retailers including Watches of Switzerland, Skechers and Fat Face have signed up to Land Securities Glasgow Buchanan Street development, which is now 90.7%pre-let.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Tue, 24th January 2012
Carphone Warehouse will increasingly target key opportunities in smartphone and tablet sales and said that like-for-likes fell 4.7% in the third quarter.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Tue, 24th January 2012
Flying Brands suffered a fall in sales over Christmas from £4.47m to £3.29m.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Tue, 24th January 2012
Members of the Usdaw union employed by Primark in Northern Ireland have voted for industrial action in protest at the company's attempt to impose a pay freeze for the second year running.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Tue, 24th January 2012
Scotmid Co-operative has appointed Cath Boyle as its new head of buying and merchandising for its Semichem and The Fragrance House chains.
   
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category Retail  |  source  The Retail Bulletin
 
   
   
 
Mon, 23rd January 2012
Private equity owner Sun European Partners has merged its two womenswear businesses Jacques Vert and Irisa, formerly Alexon, and has appointed Jacques Vert chief executive Paul Allen to head up the newly formed business.
   
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category Retail  |  source  Retail Week News
 
   
   
 
Mon, 23rd January 2012
Mobiles searches accounted for one in five online retail searches in the fourth quarter, with the number of searches on smartphones and ipads 169% up on last year.
   
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category Retail  |  source  Retail Week News
 
   
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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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Mon, 6th February 2012
Waitrose reports increase in veal sales following BBC TV programme
Waitrose has reported an 18% increase in sales of veal following a feature on a BBC Countryfile programme which aimed to dispel the myths about how veal is reared in the UK.

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Mon, 6th February 2012
Carrefour appoints Georges Plassat as new CEO
French supermarket giant Carrefour has appointed Georges Plassat as its new chairman and CEO. He will succeed current incumbent Lars Olofsson will stand down from the roles in June.

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