Amazon can test its new delivery drones in the US, receives FAA approval
The Federal Aviation Administration (FAA) has finally given Amazon the green light to test its new delivery drones.
Now that Amazon has received approval from...
Aldi is now the UK’s sixth-largest supermarket, beating Waitrose
Discount retailer Aldi continues to gain market share in the UK and has now overtaken Waitrose as the country's sixth-largest supermarket chain.
The British supermarket landscape is changing,...
Consumer spending in the UK expected to increase
Consumer spending in the UK is expected to increase after a report revealed that shop prices have dropped for the 23rd consecutive month.
According to...
First time in four years Marks & Spencer posts rise in clothing sales
Marks & Spencer posted a 1.9% increase in sales for the three months to 28 March.
For the first time in four years the retailer...
Tiffany’s & Co expects sales to drop by 10 percent this quarter
Tiffany’s & Co expects weak performance in the quarter ending April, announcing on Friday that sales are forecast to drop by 10 percent.
Its stock...
FAA gives Amazon the green light to test delivery drones in the US
The Federal Aviation Administration (FAA) has given Amazon the green light to test delivery drones.
On Thursday the agency issued Amazon an "experimental airworthiness certificate”.
This is...
Sainsbury’s posts another fall in quarterly sales
Sainsbury’s reported yet another fall in quarterly sales as the UK retailer continues to struggle against competition from discounters such as Lidl and food...
Tesco makes a comeback while Asda nosedives
Supermarket giant Tesco is making a comeback, while UK Walmart subsidiary Asda nosedives. For the 12-week period ending on March 1st 2015, Tesco sales...
Asda sales drop to worst level in 20 years
Asda is struggling more than any of the other big four UK supermarket chains.
It had its worst sales performance in more than 20 years...
Tesco removing Schweppes from its shelves because of price dispute
Tesco, the UK's largest retailer, has removed Schweppes from the shelves of its supermarkets.
The company has pulled 25 lines of Schweppes (including tonic water...