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SMEs are constantly walking a fine line between managing comfortably and being overwhelmed completely.  It’s no secret to say that smaller businesses have struggled greatly in recent times, with the pandemic certainly taking its toll. It’s been a tough trading climate for uncountable SMEs out there, and any opportunity that helps alleviate some of the stress and struggle would no...
Tesco is expected to post rising sales as its supermarkets stayed open throughout the pandemic. However, the UK’s biggest grocer is also expected to reveal more muted profits, which are forecast to be broadly in line with last year’s profits in its update for investors on Wednesday April 14. Analysts have predicted that the supermarket, which is under the new leadership...
Facebook
Facebook has removed more than 16,000 groups trading in fake and misleading reviews following pressure from the UK’s competition watchdog. The Competition and Markets Authority (CMA) said the technology giant had made “significant changes” following its investigations last year, as online shopping became ever more vital during coronavirus lockdowns. But the watchdog’s chief executive Andrea Coscelli said it is “disappointing” it...
John Lewis is to launch a new cheaper range of products amid concerns that the department store giant is not widely seen as “good value for money”. The retailer, which will reopen its UK stores on Monday, said it aims to appeal to more younger families through the ANYDAY own brand range. It comes weeks after the group confirmed that it...
Currency exchange and pawnbroking business Ramsdens has said online jewellery sales soared in the last six months as it prepares for a potential reopening of the travel industry. The company said that while it had kept almost 90% of its stores open, it also saw strong growth online, more than doubling revenue from its online jewellery sales compared with the...
Sports Direct owner Frasers Group has warned it could take a hit in excess of £200 million due to the Covid-19 restrictions – double its previous estimate in February. The retailer said it believes further restrictions are “almost certain”, believing a writedown against freehold values and other non-cash impairments will be required. In an announcement to the London Stock Exchange, the...
retail technology show
Nineteen Group, has today announced it has added Retail Technology Show 2022 to its portfolio.  Dedicated specifically for the retail technology sector, Retail Technology Show, with its mission to drive the industry forward through innovation, will bring together the brightest minds in retail and future-forward technologies next April.  Retail Technology Show will take place at London’s Olympia on the...
Morrisons has said it will become the first UK supermarket to completely remove plastic carrier bags from its stores. The Bradford-based grocer said customers will instead be able to purchase reusable paper bags. The move, which comes after a trial using just paper bags in eight of its supermarkets, will see it save 3,200 tonnes of plastic every year through the...
The Co-op has said it will repay the Government £15.5 million it received in furlough support during the height of the pandemic but stopped short of handing back the £66 million it secured in business rates relief. It comes after more than £2 billion in rates relief was handed back to the state by other essential retailers who continued to...
New research from savings platform Raisin UK have revealed which parts of the UK have the strongest local economies, and are likely to recover the fastest from COVID-19. Where do they all rank? Based upon factors such as: Number of large businesses Business survival rate Net growth of birth and death rates Rate of people in employment Amount of people...

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