Retail sales rise 1.6% in second quarter

busy street -iStockphoto.comJustin Horrocks
British retail sales have risen by the largest amount in over ten years in a calendar quarter as British consumers hit the shops.Retail sales rose 1.6 per cent in the second quarter compared with the previous three months despite a sales fall in June and warnings of an interest rate hike by the Bank of England.Month... read more...
09:14AM - Fri 25th July 2014

Fortnum and Mason open Heathrow store

Fortnum and Mason are among a string of retailers to open a new store at Heathrow Terminal 5 as retailers move into the booming travel sector.The 1,000 sq ft store will focus on food gifting such as its famous hampers and will sell fresh food and ...
09:01AM - Fri 25th July 2014
Image: Westfield

Westfield rejoice at Johnson’s zone change

Westfield in Stratford is celebrating the recent news that London mayor, Boris Johnson, has decided to change Stratford station to Zone 2.As we reported on Wednesday, the rezone is designed to make Stratford seem closer to central London and will ...
12:17PM - Thu 24th July 2014

Five reasons why Canary Wharf can be London’s new shopping hub

Canary Wharf group have unveiled their vision for the new era of retailing with 115,000 sq ft of retail and leisure space to open at its Crossrail station next May.Heres five reasons why its new development could be one of Londons new shopping hub...
12:11PM - Thu 24th July 2014
image iStockphoto.com/Mark Evans

Retail sales sees rise in July

Retail sales have jumped in July as discounting successfully tempted shoppers in to shop, the latest CBI trade survey has found.The retail sales balance rose from +4 in June to +21 in July – a rise that more than recovered the past month’s weaknes...
11:55AM - Thu 24th July 2014
Premier Foods blamed hard discounters for poor sales

Discounters squeeze sales at Premier Foods

Sales at the UK’s largest food producer Premier Foods have fallen sharply as the discount market begins to tighten its grip on Britain’s biggest brands.Total sales were down 6.1 per cent while power brands such as Sharwoods, Ambrosia Custard and B...
11:43AM - Thu 24th July 2014

Ikea pull advert after MH17 tragedy

Ikea have decided to pull their latest video advert due to fears it may cause offence following the recent tragedy in Ukraine.The advert, titled ‘Theres No Bed Like Home’ features a woman cascading through a city skyline. It begins with her waking...
02:59PM - Wed 23rd July 2014
A birds eye view of Westfield Stratford and the Olympic stadium

Stratford’s Westfield in the zone

Sales at Stratford’s Westfield shopping centre are set to receive a boost after it was announced that Stratford train station is to become a part of train zone 2.Boris Johnson has moved to catapult the “Olympic Park area right into the centre of L...
09:48AM - Wed 23rd July 2014
Image: Morrisons

Morrisons reacts to Sainsbury's food waste superstore

Morrisons have reacted to Sainsbury’s recent announcement that one of their superstores is off the National Grid and now powered entirely by their own food waste.The Sainsbury’s Staffordshire branch is connected to a nearby anaerobic digestion pla...
09:42AM - Wed 23rd July 2014
Cath Kidston and CEO Kenny Wilson have retained a minority share

Cath Kidston sells stake to Asian private equity firm

Floral accessories retailer Cath Kidston has sold a “substantial” stake to an Asian private equity firm in a bid to further support the company’s eastern expansion.Baring Private Equity Asia, who bought the stake, are specialised in bringing weste...
09:35AM - Wed 23rd July 2014
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