Tesco’s profits crash 92%

Today, Tesco was the worst-performing FTSE 100 stock in terms of percentage. After weeks of suspense following a profit overstatement scandal, the UK’s biggest grocer announced further troubling news this morning.Due to accounting irregularities, it was revealed last month that Tesco had exaggerated profits by milli... read more...
10:59AM - Thu 23rd October 2014

Accreditations in the secure payments industry

Five years of experience in the secure payments industry has taught me that accreditations matter. Retailers need to take action and apply for accreditations as they act as a mark of quality for your business, reassuring customers that they are tr...
10:25AM - Thu 23rd October 2014

UK unemployment falls below 2 million

For the fist time in six years, unemployment levels have fallen below 2 million. The number of unemployed people fell to 1.97 million between June and August.This is the fist time unemployment levels have been below the 2 million mark since the gl...
11:04AM - Wed 22nd October 2014

Rakuten.co.uk launches today!

Rakuten Strengthens E-Commerce Offering With the launch of Rakuten.co.uk Marketplace.Rakuten.co.uk plans to cater to the needs of tech-savvy consumers who want to shop online and access all of their favourite digital services, from eBooks to insta...
10:58AM - Wed 22nd October 2014

EE goes from strength to strength

The UK’s largest mobile operator EE has announced its Q3 results. With continued mobile postpaid and fixed broadband customer growth, the company has maintained commercial momentum in its third quarter.The aptly named digital communications compan...
10:55AM - Wed 22nd October 2014

H&M sales on the rise

The world’s second biggest fashion retailer has revealed an 8% increase in September sales, in line with analyst forecasts.The Swedish group seems to have not been affected by the Indian summer, which Retail Gazette reported a few weeks ago, repor...
10:53AM - Wed 22nd October 2014

SuperGroup announces new CEO

Euan Sutherland former chief executive at the Co-operative Group, becomes the new CEO at SuperGroup corporation.Sutherland was only at Co-op for 10 months, after walking out of the company following details of his £3.66 million pay deal being publ...
10:50AM - Wed 22nd October 2014

What's the point?

In August this year, British retailer John Lewis disappointed up to a million customers when it announced that free vouchers for tea and cake across John Lewis restaurants were being axed for existing loyalty card members.More recently, there was ...
11:03AM - Tue 21st October 2014

Zara explores new technology

High street fashion brand Zara is currently trialling new virtual mirrors and self service tills which they believe will become the future of retail. The technologically advanced mirrors will allow customers to virtually try clothes on. The self-s...
10:58AM - Tue 21st October 2014

Adidas considering selling Reebok

Sportswear brand Adidas shares rose by 6% after reports and intense speculation that potential investors were considering putting in a bid on its Reebok brand.The Reebok brand is estimated to be worth $2.2 billion (£1.4 bn).Offers are rumoured to ...
10:55AM - Tue 21st October 2014

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