Retail sales soared in May as the further easing of lockdown restrictions helped to drive spending, according to new figures.
The latest BRC-KPMG retail sales monitor revealed that total sales surged by 10% in May, against the same period in 2019, after the sector benefited from the first month that non-essential stores fully reopened and the return of many hospitality...
Apple announces powerful software features designed for people with mobility, vision, hearing, and cognitive disabilities. These next-generation technologies showcase Apple’s belief that accessibility is a human right and advance the company’s long history of delivering industry-leading features that make Apple products customisable for all users.
Later this year, with software updates across all of Apple’s operating systems, people with limb...
Few sectors were hit as hard by the COVID-19 outbreak as retail. Analysis by Tradeshift shows that the volume of transactions across retail supply chains dropped by nearly 50% when lockdown restrictions came into effect in April 2020.
Supply chain operators were caught flat footed by the pandemic. Limited visibility into complex and extended supply chain networks meant many were...
Tesco has said it will end its buying partnership with French supermarket chain Carrefour after three years.
The UK’s biggest grocer told investors on Monday morning that it will end the alliance – which was intending to improve product choice and lower prices – on December 31.
The two retailers said they will continue their efforts to improve purchasing deals “independently”...
Wagamama is launching a range of “cook at home” products for sale in supermarkets as part of the pan-Asian chain’s post-pandemic growth strategy.
The restaurant brand will start selling its meal kits, pastes and sauces from Monday in Waitrose, before expanding its ranges into Morrisons, Sainsbury’s Tesco and Ocado in the coming weeks.
It said that all the profits from the...
G7 finance ministers have announced a “historic” deal to agree a global base rate for corporation tax and reforms targeting multinational companies.
Here is a look at what the changes mean and how they could impact the UK.
– OK so firstly, what did Rishi Sunak and co agree?
The seven finance ministers all signed up to a minimum global rate of...
The Chancellor has hailed a “historic” decision by G7 countries to agree a global base rate of corporation tax and reforms to the tax system aimed at targeting online tech giants.
Following two days of talks in London with G7 finance ministers, including colleagues from the US and Germany, Rishi Sunak announced that they had signed up to having a...
Ted Baker is expected to tumble to a £65 million loss after sales were slashed by the pandemic.
The enforced closure of bricks and mortar stores and the group’s focus on occasion-wear and formal clothing had a particular heavy toll on its trading last year.
Analysts have forecast that the fashion business will unveil a £65.2 million operating loss for the...
Watermans is excited to announce their partnership with THG plc’s end-to-end e-commerce division - THG Ingenuity - and the launch of the new WatermansHair.com D2C site, to help accelerate the digital growth of the brand across the world.
In this new partnership, Watermans will benefit from THG Ingenuity’s global ecommerce infrastructure including:
A proprietary, end-to-end platform with fully integrated trading, merchandising, marketing modules, real-time data feeds and a single...
Footfall at Scotland’s shops is still languishing around 25% below the levels recorded before the coronavirus pandemic, according to new figures.
The Scottish Retail Consortium (SRC)-Sensormatic IQ Footfall Monitor has begun comparing its 2021 figures to those of 2019 as a result of Covid-19’s impact on the industry in the last year.
According to its May data, Scottish footfall was down...