Marks & Spencer Reports Improved Sales Outlook for General Merchandise
Marks & Spencer said sales of general merchandise, spanning clothing, footwear and homewares, at stores open over a year rose 0.7 percent in the 13 weeks to March 28, its fiscal fourth quarter.
Nestlé Forecast 2015 to Remain Steady
The world’s largest packaged foods manufacturer, Nestlé forecast sales to rise five percent this year (2015), in line with its long-term goals, following a weaker year in 2014.
Tesco Names John Allan as New Chairman
Tesco has named John Allan as its new Chairman, succeeding Richard Broadbent who announced in October 2014 he would step down.
Amazon Creates 6,000 New Jobs in Europe
Amazon created 6,000 new full-time positions in Europe in 2014 to respond to booming demand, the U.S. online retailer said this week.
JDA Gives a Glimpse of what’s In Store for Retailers
Nearly one in three British online Christmas shoppers experienced problems with their orders this Christmas, according to research conducted on behalf of JDA.
John Lewis Remains at the Forefront of Omni-channel Success
John Lewis is still the leading retailer when it comes to perfecting a long-term omni-channel approach, it has been revealed in light of the recent Black Friday and post Christmas frenzy.
Christmas Crime Bonanza Could Cost UK 1 Billion
Shoplifting is often considered a victimless crime; however research shows this isn’t the case, and the economic effects of shoplifting during the Christmas period are massive.
The Return of Black Friday Brings Return Headaches for Retailers
Centiro’s CEO, Niklas Hedin says: “Black Friday has undoubtedly provided a revenue boost for many retailers. Yet it does present them with a challenge.”
IKEA to Open First Store in Korea
Global furniture giant Ikea opens its first store in South Korea on Thursday (Dec 18), a much-anticipated market entry that has stumbled at a number of commercial and cultural hurdles along the way.
A Closer Look at Europe’s Suffering Supermarkets
As discount chains knock spots off Sainsbury’s, Tesco, Asda, and Morrisons in the UK, grocers in Europe and further afield are suffering too.
