Retail News NEWS

Additional 61 Post Offices relocate to WHSmith high street stores

British retailing group WH Smith Plc, which operates a chain of, high street, railway station, airport, port, hospital and motorway service station shops selling books, stationery, magazines, newspapers and entertainment products, revealed on Wednesday that … Continue reading “Additional 61 Post Offices relocate to WHSmith high street stores”


Co-op CEO voluntarily cuts remuneration package

The Co-operative Group announced on Thursday that its CEO Richard Pennycook has asked for a substantial reduction in his remuneration package, following the completion of a rescue plan for the retail company. According … Continue reading “Co-op CEO voluntarily cuts remuneration package”


Groceries Code Adjudicator finds serious breach in Tesco’s payments to suppliers of groceries

Supermarket chain Tesco plc has been found to be in breach of the legally-binding Groceries Supply Code of Practice that protects groceries suppliers by Christine Tacon, the Groceries Code Adjudicator (GCA), the UK government … Continue reading “Groceries Code Adjudicator finds serious breach in Tesco’s payments to suppliers of groceries”


Aldi to launch online shopping site for fine wines by the case

Discount retail chain Aldi has revealed that it plans to introduce a new online shopping site for wine for home delivery or for collection from third party locations in early 2016. It was … Continue reading “Aldi to launch online shopping site for fine wines by the case”


Poundland gets green light to acquire 99p Stores

British variety store chain Poundland has received formal clearance from the UK’s Competition and Markets Authority (CMA) to acquire rival chain 99p Stores. Confirming its provisional findings, published in August, the CMS announced on Friday … Continue reading “Poundland gets green light to acquire 99p Stores”


Back to school costs boosts UK retail sales in August

Retails sales in the UK increased during August 2015, partly due to sales of school uniforms and equipment, according to the Office for National statistics (ONS) seasonally adjusted Retail Sales, August 2015 report released on … Continue reading “Back to school costs boosts UK retail sales in August”


Kingfisher restructures to focus on trade specialists

Trade equipment and DIY retail company Kingfisher, the owner of B&Q and Screwfix stores, plans to extend the number of its UK Screwfix stores by 200, as part of its restructuring plans, while closing … Continue reading “Kingfisher restructures to focus on trade specialists”


Whitbread’s adoption of National Living Wage to hit Costa coffee prices

Whitbread PLC, the owner of the UK hotel chain Premier Inn and Costa coffee shops, announced on Tuesday that it is developing plans to adopt the governments national living wage policy, however it … Continue reading “Whitbread’s adoption of National Living Wage to hit Costa coffee prices”


Danish LEGO Group builds strong growth in global revenue

The LEGO Group published its half year results on Wednesday, which revealed that the learning development and educational toy manufacturer achieved global sales growth of 18% and delivered a turnover of DKK14,142m in … Continue reading “Danish LEGO Group builds strong growth in global revenue”


UK pop-up space marketplace attracts more customers

Pop-up retail businesses are now worth GBP2.3bn to Britain’s economy, according to a new report commissioned by digital communications company EE and carried out by the Centre for Economics and Business Research (Cebr), which showed that … Continue reading “UK pop-up space marketplace attracts more customers”


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