May 9, 2011
We’ve all felt the effects of the recession in some way or another, and recent figures suggest that us Brits have been drowning our sorrows in Pina Coladas, Blue Lagoons, Woo Woos and a whole host of cocktails. The sales of gin, vodka, rum, whisky and brandy brands have boomed, despite the lack of consumer … More
May 6, 2011
Retailers profited heavily from the royal wedding, as was expected, in particular the Bradford-based supermarket Morrisons. Chief executive, Dalton Phillips, said that the Thursday prior to Easter and the Thursday before the royal wedding were “up there” with the Christmas period in terms of busin… More
May 4, 2011
The big story this week is £70m investment planned for food and drinks chain TGI Friday’s. Carlson, the leisure and travel conglomerate who own the American-themed restaurant group, are set to invest big money in an attempt to expand the number of sites and revitalise the brand on British shores. TGI Frida… More
April 28, 2011
With the recent VAT increase, and the impact of higher input costs, such as cotton. Primark’s owner, Associated British Foods (ABF) has warned profit margins at the fast-fashion retailer will fall. Shares in ABF have fallen by almost 6pc as a result of such factors. ABF has said that in the six months to Ma… More
April 27, 2011
That’s the slogan for Cadbury’s Cream Eggs, an obvious big hit over Easter – but has the daring gamble of incorporating Cadbury’s into its brand paid off for American confectionary giant Kraft Foods? In 1824, at just 22 years old, Mr John Cadbury opens up his shop on Birmingham’s exclusive Bull … More
April 22, 2011
Surveys show that the Royal Wedding will be hugely profitable for retailers, as many consumers have indicated that they too will be celebrating. Those patriotic enough to celebrate will flock to buy Union Jack flags, bunting and party equipment so they too can feel part of the occasion. As well as this, retai… More
April 19, 2011
London’s West End retailers will receive a £2bn boost in their takings this year, thanks to tourists. The GlobeShopper Calendar Survey has reported that shoppers from across the globe will travel to London’s famous West End to hit the high street. The survey shows that we can expect to see foreign shoppe… More
April 14, 2011
The UK based fashion retailer hosted a mammoth opening party in Beijing on Wednesday – and it seems to have been a success, with many Chinese men and women eager to get their hands on the iconic label. British band Keane headlined what was more of a concert than your standard opening party. The event wa… More
April 12, 2011
Retailers will have noticed the dip in sales lately, as the Retail sales for March fell 1.9%, it was also announced earlier this week that a whopping £1.7bn has been stripped off the value of high street retailers. Although the FTSE All-Share index has risen by 2.5pc since January 1, the general retail sect… More
April 7, 2011
The big retail story this week is the merger of Procter & Gamble’s Pringles crisps with Diamond Foods in a $2.35bn bid to create a new snack food giant. The Pringles business will combine with Diamond foods, famous for its Emerald nuts, Pop Secret popcorns and Kettle crisps. Procter & Gamble will … More