Tuesday, October 17, 2017

September’s 3% inflation could be “last straw” for retailers

Inflation hit a five-year peak in September rising to three per cent, as food and fuel prices continue to climb.

Bucherer: The luxury watch retailer you’ve never heard of

The black and bronze exterior of Bucherer’s flagship store in Lucerne will soon make its way to London. We met the leaders behind one of Europe’s largest watch retailers to find out more.
Big 4

“Inflation is helping supermarkets” as sales rise across the Big 4

The UK’s grocers have seen their 17th consecutive period of growth with value increasing 3.1 per cent year-on-year, as inflation and early Christmas shopping boost margins.
Flying Tiger

Flying Tiger’s former UK boss returns to boardroom

The man who helped bring Flying Tiger Copenhagen to the UK has been appointed executive chairman of the retailer less than a year after he sold his stake in the business.

Asos pre-tax profits soar 145%

Asos has reported a “great year” amid its annual results as it reveals a sales rise of a third and boosts its forecasts for the coming year.
Peter Werth

Peter Werth to close all physical stores and concessions

Peter Werth is set to pull the shutters on its entire physical estate as it struggles in the face of difficult market conditions, according to Drapers.
Superdry sport

Superdry launches sports concept store in Cardiff

Superdry's store in St David's shopping centre in Cardiff has undergone a full refurbishment to showcase the fashion retailer's new sports concept.
Lidl warehouse

500 jobs up for grabs as Lidl unveils plans for a new Peterborough warehouse

Lidl has revealed plans to open its largest distribution centre in Cambridgeshire, creating 500 new jobs.
Toys R Us suppliers

Suppliers stop deliveries to Toys R Us UK

Suppliers have reportedly stopped toy deliveries to the UK arm of Toys R Us amid concerns the financial state of its US parent company could adversely impact their business.

Harrods smashes £2bn sales mark for the first time

Harrods has recorded its eighth year in a row of record sales and profits, which included smashing the £2 billion annual sales mark for the first time.

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Rise of the Robots: Machine Learning & the Future of Commerce

BREAKTHROUGH THE HYPE: UNCOVER THE REALITY OF AI Gartner research estimates that artificial intelligence (AI) bots will power 85% of customer service interactions by 2020....