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Morrisons to revive Safeway brand

Supermarket chain Morrisons plans to bring back the Safeway brand, the company revealed on Tuesday. The new Safeway-branded products will not be available in Morrisons’ own stores, but will be sold wholesale to … Continue reading “Morrisons to revive Safeway brand”


M&S to cut clothing and home stores and boost space for Simply Food

Marks and Spencer is to close 30 British stores and another 53 in overseas markets, including China and France. The high street retailer said on Tuesday that it was planning to improve the … Continue reading “M&S to cut clothing and home stores and boost space for Simply Food”


Retailers closing 15 shops a day on Britain’s high streets

Retailers in Great Britain closed 2,656 shops in the first six months of 2016, a rate of 15 stores a day, according to figures published on Tuesday. This is a slight increase on … Continue reading “Retailers closing 15 shops a day on Britain’s high streets”


No change in UK retail sales for September

Retail sales remained flat in September, according to figures released by the Office for National Statistics (ONS) on Thursday. Sales volumes increased by 4.1% compared with September 2015, but were unchanged compared with … Continue reading “No change in UK retail sales for September”


UK fuel prices will rise in the next few weeks, retailers warn

UK fuel prices are set to rise after the pound fell to its lowest level against the US dollar since 1985, the Petrol Retailers Association (PRA) has warned. “The double impact of the … Continue reading “UK fuel prices will rise in the next few weeks, retailers warn”


Co-op Group profit falls after investment, pay rises and price cuts

Profit has fallen at the Co-op Group as it continues to invest in a three-year turnaround of the business. The Co-op reported on Friday that its profit before tax for the first six … Continue reading “Co-op Group profit falls after investment, pay rises and price cuts”


UK retail sales recover in August

Retail sales rebounded in August, following a fall in July after the UK voted to leave the European Union. Figures released on Thursday by the Confederation of British Industry (CBI) show that retail … Continue reading “UK retail sales recover in August”


UK retail sales rose in July

New figures show a rebound in UK retail spending in July. The latest BRC-KPMG Retail Sales Monitor, released on Tuesday, shows that total retail sales increased by 1.9% compared with the same month … Continue reading “UK retail sales rose in July”


UK retail sales down in June

Sales on Britain?s high streets declined in June, but it?s too early to say whether shoppers were affected by the EU referendum. That?s according to the British Retail Consortium (BRC), which on Tuesday … Continue reading “UK retail sales down in June”


Tesco hails second successive quarter of sales growth

Tesco has reported a second consecutive quarter of sales growth and said it is ?encouraged? by its progress. Britain?s biggest supermarket chain recorded an increase of 0.3% in UK like-for-like sales in the … Continue reading “Tesco hails second successive quarter of sales growth”


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