Tag: Retail Sector



Marks and Spencer posts Dramatic Profits Drop

Posted on 23 May, 2013 by Kirsten Kennedy under Business News

Marks and Spencer (M&S) has been hitting the headlines for all the wrong reasons recently, with high profile resignations and consumer dissatisfaction plaguing the once-spotless profile of one of the UK’s most iconic brands. Now it has emerged... Read More

British Land warns Stores to Step up Technology or become Obsolete

Posted on 21 May, 2013 by Kirsten Kennedy under Business News

For some time now the internet has been playing a prominent role in the British retail environment, with consumers increasingly turning to online stores such as Amazon and play.com in order to make their everyday purchases. Even the grocery sector has been... Read More

Scottish Retail Results Remain Positive

Posted on by Kirsten Kennedy under Economy

The retail industry seems set on a path of recovery, with nationwide results indicating an improvement in consumer confidence and a leap in footfall in high street shops up and down the country. However, with Easter falling in March rather than April this... Read More

BRC Confirms April Sales Drop

Posted on 13 May, 2013 by Kirsten Kennedy under Business News

The British Retail Consortium (BRC) and KPMG Retail Sales Monitor has revealed a disappointing drop in April sales thanks to poor weather earlier in the month coupled with continuing economic uncertainty. Like for like sales during the month fell by 2.2 per... Read More

Sainsburys Profits Fall Despite Increase in Sales

Posted on 10 May, 2013 by MOVEHUT under Business News

Sainsbury's has reported a fall in pre-tax profits despite growing sales, as conditions remain “challenging”. Profits fell 1.4 per cent to £788m for the year to 16 March, while sales, including fuel, rose 4.5 per cent to £20/3.3bn. The... Read More

Food Store Openings Drive Employment in the Retail Sector

Posted on 29 April, 2013 by Kirsten Kennedy under Economy

While gaining employment may still be an issue for the jobseekers of the UK, the situation has improved markedly since this time last year. And according to the latest figures released by the British Retail Consortium (BRC), growth in the retail sector has... Read More

Will the Queen’s Birthday Measure Up to 2012?

Posted on 21 April, 2013 by Kirsten Kennedy under Business News

2012 was a year of celebration in the UK, with both the London Olympic Games and Her Majesty’s Diamond Jubilee taking place in the space of a few months. In order to commemorate Queen Elizabeth’s 60 years on the throne a network of 2,012 beacons were lit... Read More

Retailers Perform Well Despite Poor March Weather

Posted on 13 April, 2013 by Kirsten Kennedy under Economy

Last month, the country experienced weather more suited to Christmas than Easter, with some areas seeing several inches of snow falling over the course of only two days. For the retail industry this caused a number of issues, especially for clothing stores... Read More

New Figures Raise Hopes of High Street Recovery

Posted on 22 March, 2013 by Kirsten Kennedy under Business News

While the next few years are expected to be tough for those working in the retail industry, recent figures have shown a turning point in the post-recession doom and gloom. Camden High Street Thanks to initiatives such as pre-Christmas sales and... Read More

Trinity Leeds Opens for Business

Posted on by Kirsten Kennedy under Commercial Developments

The newest shopping and leisure development in the UK has welcomed the first wave of consumers after opening earlier this week. Trinity Leeds will be the only major retail development introduced to the UK this year and, as such, caused something of a stir in... Read More