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Retail

  • Foxtons sees revenues rocket amid stamp duty-driven housing boom

    April 14, 2021

    Foxtons has seen impressive revenue growth in the three months to 31 March, at a time when house prices are at an all-time high amid the stamp duty holiday.   Group revenue at the estate agent in the first quarter of 2021 stood at £28.5m, up 24 per cent on the same period last year. [...]

  • John Lewis poaches Experian director to run financial services arm

    April 13, 2021

    John Lewis has today hired a senior Experian director to take over as its director of financial services as the department store pushes into the digital retail space. Amir Goshtai, a 20 year veteran of the credit agency, will spearhead the firm’s focus on its digital portfolio. This involves pouring £100m into its financial services [...]

  • Boris Johnson warns more people will die of Covid as England eases lockdown

    April 13, 2021

    Boris Johnson has today warned that more people will die of Covid-19 as England unlocks, while adding that it has been the lockdown and not the UK’s vaccine rollout that has driven down rates of infection. The Prime Minister urged people in England to be cautious and to still follow social distancing rules, after pubs, [...]

  • Edinburgh Festival to go ahead this year with outdoor venues

    April 13, 2021

    The Edinburgh International Festival will go ahead this year as an in-person event, with performances moving outside to conform with coronavirus safety measures. Organisers have drawn up a plan for the iconic arts festival to run between 7 and 29 August in the Scottish capital. A number of covered stages will be set up across [...]

  • Buying from EU retailers post-Brexit: Delays, extra paperwork and surprise charges

    April 13, 2021

    Nearly half of all UK consumers who bought goods from EU-based retailers since the end of the Brexit transition period on 31 December experienced some issues, such as extra paperwork, delays or surprise costs, a new survey by the consumer group found. Delays were the most common issue experienced by those who ordered products online, [...]

  • Deliveroo and Sainsbury’s expand partnership nationwide

    April 13, 2021

    Deliveroo and Sainsbury’s will expand their partnership nationwide, following a successful trial that saw Sainsbury’s become available to order from via the Deliveroo app from 10 stores. The expansion includes 22 new stores in London, with the remaining stores spread nationally, including in Liverpool, Newcastle, Leeds, York, Aberdeen and Glasgow.   In total, 100 Sainsbury’s [...]

  • JD Sports beats profit forecasts as it shakes off pandemic hit

    April 13, 2021

    JD Sports today reported full-year profits well ahead of market expectations as trading proved resilient despite the impact of store closures. The fashion retailer booked profit before tax and exceptional items of £421m in the year to the end of January. This was down from £439m the previous year but well ahead of market expectations [...]

  • Boohoo coughs up £72 million for new Soho office

    April 13, 2021

    Boohoo has bought a new office in Soho in London’s West End for £72m, which will house approximately 600 staff. The office, located at 10 Great Pulteney Street, will become home to all London-based product, marketing, technology and central support teams, and offer flexible working for Boohoo staff. In an update this morning, Boohoo said [...]

  • Just Eat processes 200 million orders in three months

    April 13, 2021

    Some 200 million orders were placed with Just Eat in the first quarter of 2021, marking a 79 per cent increase from the same period last year. Those in the UK placed the most orders through the takeaway giant, racking up nearly 64 million of those 200 million orders. The company, which was formed after [...]

  • Overnight stays restart this week, as PM sets out ‘traffic light’ plan for holidays abroad

    April 12, 2021

    Overnight stays restart this week, as PM sets out 'traffic light' plan for holidays abroad

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