Retail news

• Barnes & Noble reveals takeover interest

  03-10-2018 22:58
  Founder and chairman Leonard Riggio is among the interested parties
  
  Read more

• Barnes & Noble reveals fresh takeover interest

  03-10-2018 22:58
  Founder and chairman Leonard Riggio leads parties eyeing purchase of bookstore chain
  
  Read more

• Amazon offsetting pay rise by removing bonuses, union says

  03-10-2018 19:35
  Online retailer hit headlines for pay award but GMB accuses it of ‘stealth tax’ on workersAmazon has been criticised for slashing benefits for UK warehouse workers, offsetting at least half of a big pay rise announced this week.The removal of employee share and incentive schemes could cost thousands of workers £1,500 in a single year, according to the GMB union, which accused the online retailer of imposing “a stealth tax on its own wage increase”. Continue reading.
  
  Read more

• eBay accuses Amazon of ‘unlawful’ effort to poach sellers

  03-10-2018 19:03
  Company alleges in cease and desist letter that rival misused its computer systems
  
  Read more

• Advertisement

• Tesco: Thai travails

  03-10-2018 17:49
  Group has a sturdy domestic base from which to manage foreign adventures
  
  Read more

• Amazon pay rise piles pressure on rivals

  03-10-2018 14:25
  Move by Jeff Bezos to try to reframe the debate hailed as ‘almost a coup’
  
  Read more

• Tesco profits fall despite sales surge in UK

  03-10-2018 12:35
  Wholesale chain takeover spurs best UK sales in decade but new rules in Thailand and Poland cut profits and dent share priceTesco has increased its UK sales at the fastest pace in at least a decade, boosted by strong growth at its new Booker wholesale chain.But shares in the UK’s biggest retail group fell almost 9%, after problems at its Thai and Polish operations meant that operating profits over the first half fell about £45m short of expectations, at £933m.1) Tesco Continue
  
  Read more

• Tesco could stockpile food after Christmas to prepare for no-deal Brexit

  03-10-2018 12:35
  Supermarket CEO warns capacity for storing fresh food for UK would be ‘very, very limited’ Tesco is set to take action after Christmas to fend off food shortages unless the government has cut a Brexit deal that ensures the free flow of goods from Europe.Dave Lewis, the chief executive of the UK’s biggest supermarket chain, said consumer confidence had already been affected by uncertainty about the details of the country’s new relationship with the EU, prompting Tesco to c
  
  Read more

• Advertisement

• Tesco makes 'good start' to year

  03-10-2018 09:51 via theretailbulletin.com
  Tesco has grown its first half sales and profit after achieving strong like-for-like growth in the UK and Ireland.
  
  Read more

• Tesco shares fall after operating profits disappoint

  03-10-2018 08:30
  Retailer misses key metric but shows improving margins and pick-up in sales growth
  
  Read more

• Amazon increases minimum wage

  03-10-2018 06:57 via theretailbulletin.com
  Amazon has announced that it is raising its minimum wage to £10.50 for the London area and £9.50 for the rest of the UK.
  
  Read more

• Allbirds to open first UK store

  03-10-2018 06:57 via theretailbulletin.com
  Luxury and sustainable footwear brand Allbirds is to open a first UK store in London’s Covent Garden.
  
  Read more

• John Lewis sales up 1.8% last week

  03-10-2018 06:47 via theretailbulletin.com
  The John Lewis & Partners department store chain increased its sales by 1.8% last week compared to the corresponding period in 2017.
  
  Read more

• Amazon: pay and display

  03-10-2018 06:39
  Minimum wage increase is a bold move
  
  Read more

• Casino’s Naouri hits back against the hedge funds

  03-10-2018 05:01
  Chief of French supermarket group says his critics act ‘at their risk and peril’
  
  Read more

Follow @retailuknws on Twitter!