Retail news

• Lloyds channels inner David Brent in digital push

  06-11-2018 20:42
  The bank’s ‘role reduction’ plan is worthy of Slough’s comedic workplace philosopher
  
  Read more

• Primark heralds 'striking' sales figures but New Look says 85 stores will close

  06-11-2018 18:55
  Fashion retailer reports 1.2% increase as rival announces worse than expected newsPrimark has bucked the retail gloom with “striking” annual figures showing its “cheap chic” is drawing shoppers to the high street at a time when rivals are closing stores.The company said sales at UK stores open for more than one year rose 1.2% in the year to 15 September at a time when British retailers faced a slowdown in fashion sales as consumers bought fewer outfits. The annual increas
  
  Read more

• Zalando shares hit after hot summer cools sales

  06-11-2018 18:22
  German online retailer ‘not happy’ after ‘challenging’ third quarter
  
  Read more

• WH Smith was mystery would-be buyer of Barnes & Noble

  06-11-2018 17:55
  UK stationers made and withdrew offer for US book chain
  
  Read more

• Advertisement

• Booksellers unite in protest as Amazon's AbeBooks withdraws from several countries

  06-11-2018 15:46
  Hundreds of booksellers have taken ‘vacation’ from the secondhand books marketplace due to it dropping sellers from countries such as Russia and South KoreaThe motto of the International League of Antiquarian Booksellers, “Amor librorum nos unit” or “love of books unites us”, has been adopted as a battle cry this week by an army of hundreds of secondhand booksellers around the world. From Australia to Mexico, they have united in a flash strike against Amazon,
  
  Read more

• Morrisons completes third year of positive like-for-like growth

  06-11-2018 10:30 via theretailbulletin.com
  Morrisons has reported that its like-for-like sales excluding fuel climbed by 5.6% in its third quarter. This comprised respective uplifts of 1.3% and 4.3% for its retail and wholesale businesses in the 13 week period to 4 November.
  
  Read more

• Retail sales up by just 0.1% in October

  06-11-2018 09:56 via theretailbulletin.com
  UK retail sales edged up by just 0.1% year-on-year on a like-for-like basis in October as shoppers looked forward to the discounts offered during the upcoming Black Friday period.
  
  Read more

• Primark achieves strong full year performance in UK

  06-11-2018 09:56 via theretailbulletin.com
  Primark owner Associated British Foods has reported that the fashion retailer’s full year revenue was 5% ahead of the previous year at constant currency, although like-for-like sales were down 2.1%.
  
  Read more

• Advertisement

• Hugo Boss opens first Hugo branded store outside of London

  06-11-2018 09:50 via theretailbulletin.com
  Hugo Boss has chosen Birmingham for the opening of its first store outside of London under the new brand concept Hugo.
  
  Read more

• Lidl to give 17,000 employees a wage rise

  06-11-2018 09:45 via theretailbulletin.com
  Lidl has committed to increasing the wages of more than 17,000 of its employees next year to ensure that they are in line with the new voluntary living wage rates announced by the Living Wage Foundation.
  
  Read more

• Morrisons sees slowdown in third quarter supermarket sales

  06-11-2018 08:22
  Wholesale business picks up slack as supermarket sales cool
  
  Read more

• Morrison Q3 sales growth slows

  06-11-2018 08:22
  Wholesale business picks up slack as supermarket sales slow
  
  Read more

Follow @retailuknws on Twitter!