All posts tagged Retail News

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Co-operative Group suffers heavy losses of £2.5bn in 2013

The Co-operative Group, a British consumer cooperative that operates a range of retail businesses, announced its final results for the 52 weeks ended 4 January 2014 on Thursday, which showed losses of GBP2.5bn for 2013 when compared to losses of […]

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British Retail Consortium reports continued deflation in UK shop prices

British Retail Consortium (BRC), a trade association for the UK retail industry, reported on Wednesday that its latest BRC-Nielsen Shop Price Index (SPI) shows that overall

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British Retail Consortium reports rise in overseas shoppers searching for UK online retailers

Retail trade association British Retail Consortium (BRC) revealed on Tuesday that the total volume of international Internet shoppers searching for UK brands grew extensively during the

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BRC reports UK shop prices at lowest level of deflation since 2006

Retail prices in the UK fell for the eighth consecutive month in December and the annual deflation rate of 0.8% is the deepest recorded since December

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Online sales reach record levels in UK

UK retail trade association, the British Retail Consortium (BRC), released its Online BRC-KPMG Retail Sales Monitor figures on Tuesday, revealing that online selling of non-food products in the

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B&Q parent company Kingfisher blames coldest spring for fifty years for 29% drop in profit

European retail company Kingfisher has reported a drop in its first quarter profits of 29% and places some blame on challenging market conditions that had been compounded by

Credit: Anita Maric/ newsteam.co.uk 11/10/07

Current trends in online shopping could result in 20% of High Street shop closures

A study by the Centre for Retail Research (CRR) has revealed that the current growth in online shopping will affect High Street stores to the extent that one in

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Private equity major KKR mulls merger of Saks and Neiman Marcus

US private equity major KKR & Co LP (NYSE:KKR) is mulling over investing in retail store operator Saks Inc (NYSE:SKS) and possibly combining it with local peer Neiman

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Carphone Warehouse to buy Best Buy’s stake in JV

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Bad weather hits UK retail sales

Retail sales across the UK fell between February and March this year because of bad weather, the Office for National Statistics (ONS) reported today. The quantity bought in the

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