Wilko posts £65m loss
Value home and lifestyle brand Wilko posted a pre-tax operating loss of £65 million in the 12 months to February 3, according to a report by Retail Week. The cut-price retailer said exceptional costs...
View ArticleJigsaw breaks 2015 pledge and launches first ever Black Friday campaign
Jigsaw is set to launch its first ever Black Friday sale this week, breaking a pledge it made in 2015 to not take part in the event. The fashion retailer launched a “pricing manifesto” three years ago,...
View ArticleEmbattled retailers make record levels of pre-Christmas discounts
Weak trading and concern over an impending Brexit has backed retailers into a corner in the run-up to Christmas, forcing them to make record levels of discounting. Accounting firm Deloitte has revealed...
View ArticleMatalan Christmas promotions drives revenue
// Heavy discounting and digital sales boost Matalan’s Christmas revenue // Total revenue up 4% to £148m // Digital sales up by 33% Matalan has said that its promotions and digital sales helped boost...
View ArticleWhat does 2019 entail for retailers?
As retailers scurry to stockpile products in the event of a no-deal Brexit in March, 2019 is already shaping up to be extremely unpredictable. Last year the retail industry was presented with extremely...
View ArticleDoes promotional pricing drive us to buy more?
Whether it’s to increase demand or to offer consumers an incentive when launching a new item or product range, retailers are never far away from implementing the age-old marketing strategy of...
View ArticleTesco to offer Clubcard holders 50% discounts amid 100th birthday
// Tesco to offer Clubcard holders up to 50% discounts // The discounts are part of Tesco’s 100th birthday celebrations // It will take place from May 7 to May 26 Tesco has plans to offer Clubcard...
View ArticleWickes’ half-price kitchen offer banned after they doubled prices
// Wickes’ advert ffering half price on kitchens banned by the ASA // ASA found Wickes had doubled original prices on the same day the offer was made // This effectively cancelled out savings for...
View Article“Good news for shoppers” as July shop price deflation holds steady
// Shop price deflation steadies at 0.1 per cent for July // BRC-Nielsen Shop Price Index finds low consumer confidence stopping shoppers from splashing out // “Stiff competition” from retailers for...
View ArticleM&S offers discount for use of own reusable containers
// M&S launches scheme encouraging customers to bring their own reusable containers at its food-to-go counters // Customers receive a 25p discount for bringing their own containers to use at the 23...
View ArticleHeals to open Chiswick outlet
// Heals to open discount shop in west London // Outlet shop will stock reduced items from the premium homeware brand Premium home and design retailer Heals has announced it will open a new outlet...
View ArticleDiscounting hits retailers at record level in lead-up to Christmas
// Pre-Christmas discounting by retailers reach unprecedented levels, according to Deloitte // Even deeper cuts are expected in the lead-up to Christmas New research has revealed that discounting by...
View ArticleHotel Chocolat to provide 50% discount for NHS workers
// Hotel Chocolat offers NHS workers a 50% discount as a “thank you” for their work during coronavirus pandemic // Stores might be turned into delivery operation points Hotel Chocolat is offering every...
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Coronavirus: These are the retailers helping NHS staff & the vulnerable
WHSmith & Sainsbury’s WHSmith and Sainsbury’s extends their supply partnership to hospitals to help support NHS staff amid the coronavirus outbreak. WHSmith will be stocking an extended range of...
View ArticleMorrisons gives NHS staff 10% discount for 12 weeks
// Morrisons announces 10% discount on shopping for all NHS heroes during the Covid-19 pandemic // The 10% discount comes into effect from Thursday // It will last for at least 12 weeks Morrisons has...
View ArticleMorrisons gives farmers 5% shopping discount for feeding nation through crisis
// Morrisons announces new measure to support farmers during the coronavirus pandemic // This includes a 5% discount on shopping in Morrisons stores to thank them for feeding the nation // Morrisons...
View ArticleTesco demands “offensive” discounts from suppliers
// Tesco has asked for 50% discounts from suppliers // The discounts will be partly funded by scrapping promotions // The move is expected to start a price war Tesco has reportedly demanded “offensive”...
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What the end of Eat Out to Help Out means for retail
To many consumers’ and businesses’ dismay, the UK Government’s Eat Out to Help Out Scheme came to an end on August 31. Since the Covid-19 pandemic gripped the country in March, the government has...
View ArticleTesco demands “offensive” discounts from suppliers
// Tesco has asked for 50% discounts from suppliers // The discounts will be partly funded by scrapping promotions // The move is expected to start a price war Tesco has reportedly demanded “offensive”...
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What the end of Eat Out to Help Out means for retail
To many consumers’ and businesses’ dismay, the UK Government’s Eat Out to Help Out Scheme came to an end on August 31. Since the Covid-19 pandemic gripped the country in March, the government has...
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