John Lewis sales up 8.8%

John Lewis is strongly promoting products ahead of the Bank Holiday, it said

Department store John Lewis saw sales last week rise 8.8 per cent on last year, reporting “pleasing” results across its stores and online, it has been announced today.Promotional activity which saw the retailer match a competitor’s pricing helped boost footfall while all categories saw sales grow in the week to May ... read more...

10:14AM - Fri 24th May 2013

Danielle Pinnington, Managing Director at Shoppercentric

Comment: We’ll tell you what’s premium!

Ethical markets have risen in value to £47.2bn in 5 years (image ©iStockphoto.com/ewg3D)

The future of ethical retailing

Chris Webster, Head of Retail Consulting and Technology at Capgemini

Comment: Innovation can save the high street

Sainsbury's is one of 18 businesses signed to the standard

Sainsbury's sign up to National Equality Standard

Grocery

- Supermarket Sainsbury’s has announced that it has signed up to a new National Equality Standard (NES) as it continues its promotion of diversity.Overseen by Ernst & Young, the NES is supported by the Equality and Human Rights Commission and the CB...

12:33PM - Fri 24th May 2013

Tesco's exit of the US market was confirmed last month after a strategic review

Tesco pays out £3m to departing directors

Grocery

- Grocer Tesco has paid two departing directors a total of £3 million as CEO Philip Clarke did not receive a bonus as a result of a fall in profits, it has emerged.Former chief of the retailer’s Fresh & Easy business in the US Tim Mason, who parted ...

11:06AM - Fri 24th May 2013

Crowds gathered for the opening at 11am today

Whiteley shopping centre opens

Real estate

- Hampshire-based shopping centre Whiteley has opened its doors today ahead of four days of special events over the Bank Holiday as it seeks to boost footfall in the area.The £64 million redevelopment has created some 1,000 jobs and houses over 50 s...

01:28PM - Thu 23rd May 2013

Steiner was the keynote speaker at last night's BRC Retail Lecture

Steiner dubs Waitrose reaction to Morrisons deal a "joke"

Grocery

- Online grocer Ocado’s CEO Tim Steiner has attacked Waitrose’s reaction to its tie-up with Morrisons as a “joke” and claimed that Waitrose’s Managing Director Mark Piece has refused to meet with him, it has ben reported.Speaking to The Telegraph af...

12:39PM - Thu 23rd May 2013

Tesco said it has been through a year "of significant change"

Tesco sets out societal "big ambitions"

Grocery

- Supermarket Tesco has unveiled three ‘big ambitions’ aimed at strengthening its role in society and “using its scale for good”, a report released today reveals.In the first Tesco and Society Report’, the grocer outlined plans to create new opportu...

12:16PM - Thu 23rd May 2013

Mothercare's CEO said it is "now on firmer footing"

Mothercare reduces UK losses as LFLs fall

General retail

- Parent & child products retailer Mothercare saw UK like-for-like sales fall 3.6 per cent in its full year though reduced its UK losses by 12.1 per cent to £21.7 million, figures released today reveal.In the 52 weeks to March 30th 2013, total UK sa...

11:28AM - Thu 23rd May 2013

Halfords' CEO Matt Davies promised "major improvements in store environments"

Halfords unveils £100m investment plan as profit dips

General retail

- Bicycle & car parts retailer Halfords has today reported a 24.5 per cent drop in pre-tax profit to £71 million as it announced details of a £100 million investment plan.Over three years, Halfords will invest the money into its Retail arm as it see...

10:30AM - Thu 23rd May 2013

New managers will have "all the assistance we can provide", Waterstones' CEO told staff

Waterstones to place 560 managers in consultation

General retail

- Leading bookseller Waterstones has begun a company-wide consultation ahead of a restructure, affecting some 560 managers, it has been reported today.Waterstones, which launched an ad campaign towards the end of last year highlighting the importanc...

01:31PM - Wed 22nd May 2013

The judge found that "a significant proportion" of users were misled by the advertisements (image ©iStockphoto.com/pxChrome)

Interflora wins trademark battle against M&S

General retail

- High street retailer Marks and Spencer (M&S) is to pay damages to flower retailer Interflora after losing a five-year court battle over use of the latter’s trademark, it has been announced.Interflora originally initiated proceedings against the re...

12:55PM - Wed 22nd May 2013

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