Supermarkets con consumers into discounts that don’t exist, says Which
British supermarkets manipulate and exaggerate discounts in order to con shoppers into believing they are making savings that do not exist, says Consumers’ Association...
Target overwhelmed by demand for Lilly Pulitzer product line
On Sunday morning Target Corp’s website was made inaccessible because of overwhelming demand for the highly-anticipated debut of its Lilly Pulitzer product line.
A product...
Debenhams posts impressive first-half profit of £88.9 million
Debenhams, the UK’s second largest department stores chain, reported better than expected first-half profit.
The retailer posted pre-tax profit of £88.9 million in the last...
Etsy prices IPO at $16 a share, valuing company at $1.78 billion
Etsy Inc priced its initial public offering (IPO) at $16 per share, valuing the e-commerce website at around $1.78 billion. An IPO is when shares...
Poundland posts record high yearly revenue of over £1 billion
Poundland posted record high yearly revenue of over £1 billion for the 12 months to 29 March - the first fiscal year in which...
Walgreens plans on closing 200 stores across the US
Walgreens, the United States’s largest drug retailing chain, announced plans to close 200 stores across the country as part of its $1 billion charge-reduction...
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...