Today, 13 January 2020, Shop Direct becomes The Very Group.
Articles in category: Retail News
Catch up on the latest retail news here on Retail Times and find out what’s happening in the retail sector. Keep up to speed with the latest reports and financials covering the top brands in retail right through to the smaller independents. If retail technology and innovation is your bag then we’ve got it covered be it POS, payments or back-end systems we report on the latest developments. For those who are looking for retail data and analysis check out the data time section for more information. Hear comment from both the supplier and retailer in our opinion sector ‘Why it works’ and ‘In my opinion’. And finally, if you have any retail news you’d like us to consider publishing send it across to the team via the contact page.
Following today’s release of Selfridges Christmas trading figures for 2019, Sofie Willmott, lead retail analyst at GlobalData, a leading data and analytics company, comments: ‘‘The premium/luxury department store players continue to show up their midmarket counterparts with Selfridges reporting another
An inspirational Wren Kitchens showroom in Bradford, Forster Square Retail Park, will open on Friday, 24 January 2020.
Unibail-Rodamco-Westfield today announces that JD Sports has signed a ten year lease on a second store at Westfield Stratford City, taking over the former Topshop unit. The 31,000sq ft store will more than quadruple the space occupied by the brand
Following today’s release of B&M Q3 figures for FY2019/20, Hannah Richards, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘B&M has delivered another set of promising results, with total group revenue rising 9.3% (on a constant currency
Global retail IT consultancy and technology firm, REPL Group has successfully rolled out JDA Workforce Management to help improve the scheduling accuracy for Walmart. The rollout touches 1.6 million associates in 7,000 stores across the globe.
Microsoft has formed a global strategic partnership with dunnhumby, the leader in customer data science, in a move that could transform the $5.9 trillion retail sector.
Holland & Barrett saw accelerating sales growth in both e-commerce and store channels. All markets experienced like for like sales growth, with significant growth in clean beauty and vitamins categories.
Following today’s release of Fortnum & Mason Christmas trading figures for 2019, Emily Salter, retail analyst at GlobalData, a leading data and analytics company, comments: ‘‘Unsurprisingly, luxury retailer Fortnum & Mason has delivered yet another strong year of sales growth
Over the four weeks to 29th December 2019, overall sales at Lidl increased 11% compared to the same period in 2018. The discounter was the fastest growing bricks and mortar supermarket over the Christmas trading period, and had its busiest
Anticipated developments in native advertising, structured data, and voice search could present huge opportunities for e-commerce brands in 2020 and beyond, according to a new trends white paper released today.
Toshiba Global Commerce Solutions provides a peek into the future while demonstrating world-class solutions empowering current retail success during NRF 2020, Jan. 12-14 at Jacob K. Javits Convention Center, New York, booth 3319. With the theme “Moments that Inspire” Toshiba
Paragon Software Systems has enhanced its modular, last-mile fulfilment software with developments that will help retailers to offer more competitive delivery propositions. These updates to Paragon HDX are part of the company’s commitment to helping retailers better compete in the
Following today’s release of Dunelm Q2 figures for FY2019/20, Amy Higginbotham, retail analyst at GlobalData, a leading data and analytics company, comments: ‘‘Dunelm’s impressive start to FY2019/20 has continued into its second quarter, with the retailer remaining resilient in a
Iceland, the leading British frozen food retailer, has officially signed for a lease of 20 years for its regional distribution centre at Houston Industrial Estate in Livingston.
Pyramid Computer, a leading manufacturer of self-service kiosks, will be showcasing a selection of innovative in-store retail applications based on its versatile range of polytouch kiosk solutions – Booth # 5860 - at NRF 2020. A number of ISV partners
GlobalData: Tesco ends 2019 on a high as market leader delivers fifth consecutive Christmas of UK growth
Following today’s release of Tesco Q3 and Christmas figures for FY2019/20, Thomas Brereton, retail analyst at GlobalData, a leading data and analytics company, comments: ‘‘Dave Lewis’s final Christmas in charge of Tesco has undoubtedly been a merry one (at least,
Moorfield, a leading boutique UK real estate private equity fund manager, today announces that Injoy, one of the UK’s leading children’s activity centre operators, has taken the final unit at Derby Riverlights (“Riverlights”) for its latest £1.7 million play centre.
Following today’s release of Marks & Spencer Q3 figures for 2019/20, Kate Ormrod, lead retail analyst at GlobalData, a leading data and analytics company, comments: ‘‘Having previously offered hope by reporting an improved clothing & home performance in October, with
Commenting on JLP Christmas trading update, Richard Lim, CEO of Retail Economics, said: "These figures confirm that trading is tough and news that the MD is stepping down could signal just how uncomfortable life is getting.
Following today’s release of Boots Q1 figures for FY2019/20, Kate Ormrod, lead retail analyst at GlobalData, a leading data and analytics company, comments: ‘‘Disappointing results are a consistent theme in Boots UK’s quarterly trading performance, with no sign of a
Christmas trading results from Springfields Outlet in Lincolnshire once again demonstrate its resilience as the leading shopping and leisure destination in the East of England having achieved 15 years of consecutive turnover growth.
RSPH is today (8 January 2020) calling for the Football Association (FA) to urgently U-turn its decision to sell FA Cup broadcast rights to betting firm, Bet365.
2019 was the year when the wine industry collectively noted the decline in consumption and started to set the wheels in motion to counteract this negative trend.
Savvy bargain hunters boosted revenues over the Christmas holiday period at London Designer Outlet in Wembley Park, the capital’s leading fashion and lifestyle outlet centre.The results show the ongoing appeal of aspirational and desirable brands at up to 70% off