The New York Times reports the company is responding to a British news investigation that found the faulty algorithm.
Sheffield’s Meadowhall shopping centre has received resolution to grant planning consent for a £300 million extension that would transform the centre’s leisure offering. Councillors unanimously voted in favour of the 330,000sq ft development plan, which was submitted by the shopping centre’s co-owner British Land late last year
The founders of Superdry have launched a long-term incentive scheme which will see them share their wealth with all 4500 colleagues in the business worldwide. The initiative is part of a strategy to attract, retain and reward the best staff at the British fashion retailer, and will run from October 1 this year to September 30, 2020
Discount fashion retailer Primark has boosted its full-year outlook following a “particularly strong” trading period in the lead up to Easter.
Jack Wills has raided SuperGroup’s ranks to hire Greg Roberts to take on the newly-created role of wholesale director.
The UK high street recorded its best month in almost two years as the weak pound led to a rise of overseas tourists and British “staycationers”. According to the latest High Street Sales Tracker from accountancy and advisory firm BDO, overall like-for-like sales were up two per cent last month — making it the best month since September 2015.
The parent company of John Lewis and Waitrose has appointed former Marks & Spencer executive Laura Wade-Gery to its board. Wade-Gery, who resigned from M&S last September, will take up a non-executive position with the John Lewis Partnership. Wade-Gery had been M&S’s multichannel director of UK retail and online operations and was tipped to become the retailer’s next chief executive before Steve Rowe was appointed in April 2016.
The Great British Bake Off still has a strong effect on retail sales despite its move to Channel 4, with retailers across the country dropping prices in preparation. The “Bake Off effect” makes a significant impact to prices and sales, according to sales aggregator Lovethesales.com.
Sainsbury’s chief executive Mike Coupe has issued a stark warning that post-Brexit customs agreements could leave swathes of fresh produce to rot at the border. Coupe has become the latest high profile voice in retail to speak out against strict customs controls after the UK leaves the EU, stating that disrupting established supply chains by just hours could have a negative impact.
Luxury watch maker and retailer Tag Heuer has made its regional debut in Sheffield, opening up a new boutique store in Meadowhall shopping centre. The 1820sq ft store is located next to Goldsmiths and opposite Reiss, and sells its signature range of high-end Swiss watches, eyewear, leather goods and accessories. Many of Tag Heuer’s special edition watches in collaboration with world-famous athletes are available at the new Meadowhall store.