'Way Day' falls on April 25 this year and commences 24 hours of Black Friday-level and door-buster deals every six hours, the company said.
Currys PC World has issued an apology to customers after it was found to be charging additional non-advertised fees on its laptops. Consumer watchdog Which
High street retailers Karen Millen, Feather & Black and Shoe Zone have been identified in the government’s latest list of businesses accused of paying staff below the minimum wage. Of the 179 businesses that the Department for Business, Energy and Industrial Strategy (BEIS) released today for underpaying 9200 workers, the fashion, furnishing and footwear chains were listed at 21st, 93rd and 110th respectively. BEIS said Karen Millen failed to pay £9847 to 28 workers, Feather & Black failed to pay £1333 to 31 workers, while Shoe Zone failed to pay £804 to 15 workers
Investment firm's like Larry Fink's BlackRock have preached social responsibility. With guns, they can use their influence to achieve it.
Retailers suffered a lacklustre January sales period this year as footfall dropped 6.6 per cent following an “exceptionally tough” 2017. According to new data from market research company Ipsos, the effects of heavy discounting on Black Friday extended through early January, shifting sales away from the traditionally solid trading period. This reportedly marks the ninth consecutive month of falling footfall volumes, and is likely to have encouraged the swathe of job cuts announced in the beginning of the year.
In more signs that the Christmas sales rush is increasingly weighted on Black Friday, the latter has now overtaken Boxing Day in online retail search volumes.
The evidence is mounting that the 2017 holiday season, and particularly Black Friday, was a major tipping point for mobile shopping.
Online retail sales growth slowed to an average of 12.1 per cent year-on-year over the course of 2017, almost two percentage points below the forecast of 14 per cent. According to the latest IMRG Capgemini e-Retail Sales Index, 2017’s figures is also a sharp drop to 2016’s 15.9 per cent average growth.
Halfords has reported an uptick in third quarter sales boosted by record sales over Black Friday and Christmas, in a trading update that coincided with Graham Stapleton starting as its new chief executive.
Westfield saw footfall peak over the Christmas period welcoming more than 14.1 million shoppers to both of its UK centres. Increasing one per cent on last year, the shopping centre giant saw three major peaks in shopper numbers during the holidays. One Black Friday weekend 850,000 shoppers visited Westfield Stratford City and Westfield London