Retail news

• From JD Sports to Games Workshop: best market performers of decade

  01-01-2020 16:09
  
  Tesco, Sainsbury’s, Standard Chartered and BP among the laggards over the past 10 yearsIn the first part of the 2010s, when the billionaire Mike Ashley and his retail creation Sports Direct appeared to be knocking out every opponent that dared to pick a fight, the tycoon gave a memorably bullish performance in front of City analysts.At a presentation in July 2011, as the rival JJB Sports was on the verge of being counted out, Ashley bragged: “I’ll finish off JJB first and then
  
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• UK music purchases hit highest level since 2006

  01-01-2020 08:01
  
  Vinyl is still booming, cassettes wind back the years, but streaming breaks the recordThis wild orgy of music consumption is mostly about streamingBritish fans bought or streamed the equivalent of more than 150m albums last year as music consumption in the UK hit its highest level since 2006, driven by the success of artists including Lewis Capaldi, Billie Eilish and Ariana Grande.Across all formats – including digital downloads and streams from subscription services as well as CDs, vinyl
  
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• So much for the sales rush – archive, 1 January 1925

  01-01-2020 06:30
  
  1 January 1925: Shoppers are not rushing for bargains, wary of reckless buying with subsequent disappointmentLondon, Wednesday
  It would be absurd to suggest that London women have been rushing for bargains at the winter sales, which began in some of the largest shops and in many of the smaller ones to-day. One’s experience is that the day of the “Haste to the sales” spirit has been over for some years, if indeed it ever existed to the extent that some people believe. And such e
  
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• Reliance takes on Amazon with launch of ecommerce platform

  01-01-2020 06:00 via ft.com
  Indian conglomerate’s JioMart venture will connect local shops to customers
  
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