Amazon Prime and Instant Video services soar to new heights
Amazon Prime and Prime Instant Video services soar to new heights after the Internet-based retail giant informed that the total number of subscribers jumped...
UK parents waste £230 million a year on unwanted presents for their kids
Parents in the UK spend millions of pounds every year on Christmas presents for their children. But just how much of it is wasted?
One...
UK shoppers abandon the high street in favour of going online
UK shoppers abandoned the high street last month in favour of going online to find the best deals.
According to the British Retail Consortium (BRC)...
Abercrombie shares surged 25% on impressive Q3 results
Shares in Abercrombie & Fitch surged by more than 25% on Friday after the fashion retailer reported better than expected third quarter results.
Profit more than...
John Lewis posts its first £100m week of the festive season
John Lewis, the UK’s largest department store group, announced that sales in the week ending 14 November rose 1.5 percent and the retailer reported...
Wal-Mart reports 1.5% increase in US same-store sales
Wal-Mart Stores Inc posted better-than-expected third quarter results on Tuesday, with U.S. same-stores sales up 1.5% - the fifth consecutive quarterly increase.
The retailer reported...
Ikea in talks to open store on Oxford Street, London
Swedish furniture chain Ikea is in talks to open a store at the BHS building on Oxford Street, one of London’s prime shopping locations.
According...
Sainsbury’s reports 18% drop in first half profits
Sainsbury's posted an 18% drop in first half profits in the first half of the year due to what it called a "particularly challenging"...
McDonald’s will not put its properties in a REIT
McDonald’s has decided against creating a real estate investment trust (REIT).
Chief Executive Steve Easterbrook broke the news at the company’s investor meeting on Tuesday....
Morrisons posts another drop in sales, shares plunge 4%
Morrisons posted yet another quarterly drop in sales.
The retailer reported a drop in like-for-like sales of 2.6%, excluding fuel, in the third quarter, with...