Market lifted by upbeat view of Christmas retail – London Report January 19, 2015 BRITAIN’S main share index rose yesterday, extending a strong run, with retailers such as Tesco among the biggest gainers from a more upbeat view of the sector after a better-than-expected Christmas period. Electronics retailer Dixons Carphone rose 4.4 per cent, the top riser on the FTSE 100 index, with traders citing optimism ahead of the [...]
JD Sports share price soars with retailer predicting big profits January 16, 2015 The Christmas season may already feel like a distant memory for most, but at JD Sports the festivities are still in full swing. The UK sports retailer’s share price soared seven per cent in early morning trading after the company increased its profit guidance for the year. JD Sports told investors to expect [...]
Federation of Small Businesses calls on London councils and TfL to offer free festive parking November 11, 2015 Business lobby group the Federation of Small Businesses (FSB) is calling on London councils and Transport for London to offer free parking for Christmas shoppers over the festive period. With Small Business Saturday on 5 December, the FSB hopes that the organisations will nix the car parking charges. Half of the FSB’s members said that the [...]
UK workers aren’t impressed at the level of chief executives’ salaries – with 60 per cent saying it “demotivates” them December 18, 2015 Your staff are talking about your pay packet behind your back – and the things they're saying aren't very nice. That's according to new research by the Chartered Institute of Personnel and Development, which found more than 70 per cent of employees think the amount UK chief executives are earning is either "too high" or (gasp) "far [...]
First-time housebuyers in a festive frenzy, as number of valuations for this purpose rocketed up 31 per cent compared to last year December 11, 2015 Christmas may have come early for some first-time buyers, as the number of valuations for homehunters in this category jumped up last month. According to a report out today by Connells Survey & Valuation, the number of valuations carried out for first-time buyers in November was 31 per cent higher than the same time last [...]
Ted Baker posts dramatic jump in third quarter sales November 19, 2015 Retailer Ted Baker's sales soared double-digits in the third quarter thanks to a popular autumn/winter line and international store openings, the company reported in an statement this morning. Sales rose 20.5 per cent in the last three months while store sales jumped 18 per cent with openings in Stansted Airport, Amsterdam, Malibu, Toronto and Hawaii. [...]
US luxury firm Coach to move into Jaeger’s flagship on Regent Street October 26, 2015 AMERICAN luxury goods group Coach is moving into Jaeger’s Regent Street flagship as the retailer packs its bags after more than 80 years on the site. Jaeger and the Crown Estate, which owns the freehold to the 200-206 Regent Street store, have agreed to sell the lease to Coach, which will relocate from its smaller [...]
Your new must-have gadget is already in your attic – CNBC Comment December 8, 2015 It’s finally happened. As well as my ever-expanding waistline and retreating hairline, there’s been an important development in my life. In the last few weeks, a sizeable chunk of wall space in my living room has been taken up by a collection of 12-inch LPs, and a rather weighty hi-fidelity music system complete with a [...]
Black Friday 2015 UK: Why here at very.co.uk we can’t wait for Cyber Week’s big shopping day November 20, 2015 Black Friday was our biggest trading day last year, and we can't wait for it again this year. We're planning bigger and better deals over a longer period to make this Black Friday our best ever. Over Cyber Week last year we got nearly 50,000 new customers and we were delighted almost half of them [...]
Morrisons share price edges up as it names former Tesco man David Potts as chief exec February 25, 2015 Shares in embattled supermarket Morrisons opened one per cent higher this morning, after it named its new chief executive: former Tesco Asia boss David Potts. The supermarket launched its search for new boss in January, after chief executive Dalton Philips announced his departure. The appointment is part of a fresh start for the company: chairman Andrew [...]