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Retail

  • We’re all Scrooge-ing it: Why you shouldn’t expect generous Christmas presents from your London-based friends this year

    November 16, 2016

    If you were looking forward to receiving a bountiful array of presents from your London-based friends this Christmas, it may be time to start tempering your expectations.  Britain is a nation of generous gift givers, according to research from Very.co.uk, with 74 per cent of adults preferring to give a gift rather than receive one. [...]

  • Tesco Bank’s perception goes into the red after security breach

    November 16, 2016

    Last week, news broke of a security breach which compromised the accounts of Tesco Bank customers. It was reported that £2.5m had been stolen from 9,000 customer accounts, with the worst affected losing up to £1,500. In the immediate aftermath, the company suspended online and contactless transactions. YouGov brand tracking data shows us how the [...]

  • High-street retailers are struggling to meet the demands of tech-savvy consumers

    November 16, 2016

    Black Friday marks the start of the UK's busiest shopping period of the year, and research shows retailers aren't doing enough to improve their customers' in-store experiences.  Among the biggest irritations to shoppers are crowded shops (45 per cent), checkout queues (42 per cent) and long waits for fitting rooms (29 per cent). Almost two thirds [...]

  • John Lewis just sent John Lewis a huge #BustertheBoxer-themed thank you gift

    November 15, 2016

    One of Morning Wire's favourite festive traditions is kicking back with a mince pie and scrolling through the tweets of Virgina computer science educator, father of four, social liberal, atheist and – crucially – "not a retail store", John Lewis. For it is at this time of year Lewis, whose Twitter handle is @JohnLewis, is [...]

  • Not all gravy: Profits melted away in hot weather at Oxo and Bisto owner Premier Foods

    November 15, 2016

    Shares in the owner of Bisto gravy steamed in four per cent higher today as a result of good news on its pension schemes, this was despite the summer's weather hitting profits. Premier Foods revealed half-year earnings had fallen by over four per cent in the six months to the end of September. Meanwhile, underlying revenues fell [...]

  • Amazon Restaurants’ food delivery expands to more London locations

    November 15, 2016

    Tech giant Amazon is ramping up its battle with Deliveroo and UberEats, extending its food delivery service to more locations in London.  Amazon Restaurant has added more than 20 new areas to the list of locations it delivers food to, from restaurants such as Strada and Pod. Read more: Black Friday: Four pairs of wireless [...]

  • Black Friday 2016 deals: Four pairs of wireless headphones Amazon has in its Black Friday sale today

    November 15, 2016

    It's day two of Amazon's 12-day Black Friday bonanza, and today the retailer has gone berserk for wireless headphones.  If you're an Apple fan with a hankering for an iPhone 7 – sensationally unveiled in September sans  headphone jack – take a look at today's deals: 1. Yeona Wireless Bluetooth stereo headphones – 55 per cent off Not [...]

  • Sales at Tesco are growing at their fastest rate in three years – but Morrisons and Asda are still suffering

    November 15, 2016

    The supertanker that is Tesco continues to change its course, after new figures suggested its sales rose to their highest in three years in the last quarter. Data by Kantar Worldpanel showed Tesco sales rose 2.2 per cent in the 12 weeks to 6 November, putting its market share at 28.2 per cent – up from [...]

  • Do schmaltzy Christmas ads cheer up revenues?

    November 15, 2016

    What do a robin, a boxer dog, a cartoon character called Dave and Mrs Santa Claus have in common? It may sound like the start of a bad joke but this motley crew all have starring roles in 2016's Christmas adverts for major retailers. So far, the M&S ad appears to be the biggest hit [...]

  • A petition to stop shops opening on Boxing Day has 100,000 signatures

    November 14, 2016

    A petition calling for shops to shut on Boxing Day has gathered more than 100,000 signatures. Boxing Day, which falls on 26 December, is traditionally a massive day for shopping as most major retailers begin their post-Christmas sales. Many companies have already launched promotions ahead of Black Friday, which falls on 25 November this year. [...]

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