Marks and Spencer posts another drop in sales
Marks and Spencer posted yet another drop in sales as efforts to boost its women's fashion range failed to deliver results.
Sales of clothing and...
Burberry to open £50 million manufacturing facility in Leeds
Burberry announced plans to build a new £50 million manufacturing and weaving facility in South Bank, Leeds.
In this context, 'factility' means 'factory.'
The development, which...
Walgreens posts Q4 results in line with Wall Street expectations
Walgreens Boots Alliance Inc. reported fourth quarter earnings of 88 cents per share, beating expectations of 81 cents a share.
Revenue in the period rose...
Aldi to raise wages to a minimum of £8.40 an hour
Discount retailer Aldi announced that it is going to be paying its employees in the UK more than the compulsory "national living wage” which...
Secret for selling successfully in emerging markets
Consumers in the emerging markets are some of the best customers in the world. They have represented more than half of Coca-Cola Co.’s global...
Retail sales in September in UK up 6.5% in one year, fueled by Rugby...
Retails sales in the UK were up by 6.5% in September (30 Aug to 3 Oct) compared to the same month in 2014, the...
Home Retail Group issues 2015 profit warning
Home Retail Group, owner of Homebase and Argos, warned that 2015 underlying profits are not going to meet market expectations.
The retail group said that...
Asda sales lag behind its “big four” rivals
Asda sales dropped more than any of its “big four” supermarket rivals over the past three months. Sales fell almost twice as fast as its arch...
Amazon suing 1,114 people for bogus reviews on its website
American online retail giant Amazon is suing 1,114 people who it claims carried out bogus reviews on its website. It has filed a lawsuit...
Sainsbury’s is closing its mobile phone service
Sainsbury’s will be closing its mobile phone service on 15 January after operating for only two years.
The retailer’s mobile service "Mobile by Sainsbury's" is...