Retail news

• M&S launches 'buy now, pay later' service

  29-10-2019 20:13
  Retailer hopes to woo younger customers in the run-up to ChristmasMarks & Spencer will start offering a “buy now, pay later” service on its website next month as it tries to attract younger customers and boost trade going into the key Christmas period.The retailer has teamed up with Clearpay to offer customers the option of paying for orders of more than £30 in interest-free instalments.Continue reading...
  
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• Asda announces pay rise as contract row continues

  29-10-2019 17:55
  Union officials describe 18p hourly rate rise as smokescreen while 12,000 staff face losing jobsAsda is raising the hourly rate paid to its supermarket staff by 18p next year amid a row with staff over new contracts that has left thousands of staff facing the sack this weekend.Union officials, who claim 12,000 workers face losing their jobs on Saturday after refusing to sign the new employment contract, described the pay offer as a smokescreen. Continue reading...
  
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• Shop Direct chief says funding gap will be plugged next year

  29-10-2019 14:17 via ft.com
  UK online retailer hit by surge in PPI compensation claims
  
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