Tesco Targets Supplier Price Cuts to Combat Grocery Inflation
Tesco plans to push suppliers for price cuts to lower food inflation and pass savings onto consumers, aiming to...
Monthly Archives: April 2023
Good Friday Footfall Surges 18.6% Amid Easter Bank Holiday Weekend Boost
On Good Friday, retailers saw a significant boost in footfall, with a 18.6% surge compared to the previous week,...
Waitrose Expands Gail’s Bakery Partnership with New Dedicated Areas
Waitrose plans to expand its partnership with Gail's Bakery by adding dedicated areas in 64 stores across the South...
UK Retail Sales Surge in March Amidst Cost Pressures and Weather Influences
UK retail sales surge 5.1% in March, beating average growth rates; non-food sales up despite online decline
Poundstretcher Eyes Stock Market Listing Amid Pandemic Success
Discount retailer Poundstretcher is reportedly considering a stock market flotation, following strong sales during the pandemic. The company has...
Wilko Enters Administration: 12,000 Jobs at Risk Amid Failed Rescue Deal
Wilko, a high street homeware retailer, has entered administration, putting 12,000 jobs at risk. CEO Mark Jackson tried to...
Asos Strengthens Board with New Non-Executive Directors
In fashion retail giant Asos's latest announcement, Natasja Laheij from Google and Jose Manuel Martinéz Gutiérrez join as independent...
Cambridge Investors Acquire Technology Retailer Ebuyer.com
Cambridge-based investor Mark Reed and industry veteran Rich Marsden have acquired technology retailer Ebuyer.com, which reported a £241 million...
UK Retail Footfall Declines in March: A Surprising Shock for Retailers
In an unexpected turn of events, UK retail footfall dropped by 2.8% in March compared to February, marking the...
Battersea Power Station Attracts Over Five Million Visitors Since Opening
Battersea Power Station, a Grade II-listed building, has attracted over five million visitors since its opening last October, with...