Former Co-op And Asda Exec Appointed As New Chair Of BRC
Jo Whitfield has been appointed as the first female Chair of the British Retail Consortium (BRC). She will take over from former Morrisons Chairman...
Poundland Avoids Collapse After High Court Approves Restructuring Plan
Amid reports that it was days away from running out of money, Poundland’s immediate future has been secured after the High Court approved its...
Asda Income Tracker Highlights Inflation Hit To Middle-Income Families
Asda’s latest Income Tracker shows that disposable incomes fell for 60% of UK households last month, with the first decline for middle-income families since...
Future Of Poundland At Risk If Restructuring Plan Is Not Approved
Struggling discount chain Poundland could run out of money within days if its rescue plan is not approved.
In a High Court hearing this morning,...
Food Drives Shop Price Inflation To 18-Month High
A “significant” jump in the cost of grocery staples has contributed to shop price inflation hitting its highest rate since March last year.
The data...
Growing Sales Opportunity For Retailers From Impulse Buys
Recent studies have shown UK shoppers are shopping more frequently but buying fewer items per trip, suggesting consumers are likely increasing the frequency of...
Supermarket Chiefs Warn Chancellor Of Consequences If More Costs Are Imposed...
The heads of all the major supermarket chains in the UK are among a group of 60 Chief Executives from leading retailers that have...
Interest Rate Cut Boosts Consumer Confidence, But Still Many Clouds On...
Despite the continued weak economic conditions in the UK, GfK’s Consumer Confidence Index increased by two points to -17 in August, with four of...
Poundland Starting To See Positive Results From Back-To-Basics Approach To Restoring...
Poundland has revealed some of the steps it hopes will restore its value credentials and win back shoppers.
Speaking to trade magazine The Grocer, the...
WH Smith Reduces Profit Forecast After Discovering Significant Accounting Error
Shares in WH Smith plummeted over 40% this morning after the company announced it was revising its financial forecasts and commencing an independent review...
