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City & Finance


Infographic: John Lewis reports strong sales, while Waitrose lags

Department store retailer John Lewis recorded an increase in sales in the week to February 21, with a strong performance from home and fashion.

Oxford Street

Consumer confidence remains constant for February

Consumer confidence has remained at 1 for February, according to GfK’s UK Consumer Confidence Index, following a slip in December 2014.

The discount retailer will open 124 shops in Canada this financial year

Target security costs reached $162m following 2013 data breach

Target has revealed its 2013 security breach, which compromised customer data, has cost the business $162m (£105m).

Aldi, Stratford Upon Avon

Aldi's brand value surges 11% as it surpasses Tesco

Aldi’s brand value rose 11% to £9.2bn in the past year, making it more valuable than Tesco whose brand value plummeted by £3.6bn this year.

Retail Week\'s Breakfast Briefing

Breakfast Briefing: Retail news on Tesco, B&Q and Carphone Warehouse

Retail news round-up on February 27, 2015: Tesco left with just one woman on the board, B&Q accused of pay-to-stay threats and Carphone Warehouse Ireland back in black

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