Browsing: Retail News News
Costa coffee has reported a 2% fall in sales compared to 2017 for the first quarter of 2018, according to BBC News. The coffee chain said…
Struggling retailer Poundworld may not vanish from the High Street after all, following news that its founder is considering purchasing some of the stores, according to…
Suppliers to supermarkets Sainsbury’s and Asda have expressed concern that the merger of the two chains could lead to increased pressure on price, according to BBC…
The recent spell of wet weather has hampered growth in the UK gardening sector, with sales at the lowest level in five years, according to BBC…
Italian restaurant chain Prezzo is to close around one third of its outlets as part of a restructuring plan to avoid the company going into administration,…
Sainsbury’s has announced a shake-up of working conditions for its employees, according to the Guardian. Staff are to receive a higher rate of basic pay but…
UK fashion retailer New Look has announced a plan to close 60 stores in a bid to avoid going into administration, according to BBC News. The…
UK supermarket chain Morrisons is to cut 1,500 management jobs and create 1,700 lower-paid roles, according to Reuters. The move is a big to cut costs…
eBay has said PayPal will no longer be its preferred payments processor, according to BBC News. In a blog post, eBay announced that users will be…
UK consumer spending in September rose at the fastest rate so far in 2017, with the exception of a peak in April around Easter, according to…
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editor@financial-news.co.uk.
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