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Tesco-Booker fast track accepted as probe gets underway

July 12, 2017

The Competition Markets Authority (CMA) has said today that it believes the merger between Tesco and Booker could harm competition and will now commence a 24-week in-depth probe. The news follows a request from Tesco and Booker to “fast track” the investigation which was accepted by the CMA

Retail News

Debit card payments overtake cash for the first time

July 12, 2017

Transactions made with debit cards have overtaken cash for the first time, making it the number one form of payment in the UK. The British Retail Consortium’s (BRC) annual Payments Survey, released today, also reveals that overall card payments accounted for more than 50 per cent of all retail transactions by volume.






Retail News

5 takeaways from Amazon Prime Day 2017

July 12, 2017

Amazon once again had its biggest sales day in history, crushing the competition on both assortment and price. Here's what you need to know about Prime Day 2017.






Retail News

Customers most satisfied with these appliance retailers

July 12, 2017

Marianne Wilson Best Buy ranks highest in customer satisfaction in the $24 billion-plus appliance market.    read more






Retail News

Vineyard Vines uses social media data to drive sales

July 12, 2017

Deena M.






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Report: Hudson’s Bay faces more calls to sell off property

July 12, 2017

Shareholders representing more than 7% ownership in the Canadian department store retailer support an activist investor's plan to sell off treasured real estate.






Retail News

Bankrupt Gymboree to close 350 stores

July 12, 2017

The children's apparel retailer is trying to shore up its balance sheet and focus on its most profitable stores and brand lines through the closures hashed out in bankruptcy court. 






Retail News

John Lewis reprimanded by ASA for 2nd time in a year

July 12, 2017

The Advertising Standards Authority (ASA) has chastised John Lewis for the second time this year following a “misleading” advert for a free sound bar.






Retail News

Burberry’s new CEO starts strong with Q1 growth

July 12, 2017

Luxury fashion retailer Burberry has revealed growth in its first quarter as its new chief executive Marco Gobbetti settles into the role. In the three months to June 30, retail sales jumped three per cent to £478 million while like-for-likes rose by four per cent, both comfortably in line with positive predictions.






Retail News

In-store pickup is the ‘cure for the store’

July 12, 2017

Store pickup of online orders can drive foot traffic, but retailers need dedicated staff and incentives, according to JDA’s Consumer Pulse Survey.






Retail News