Don't miss this week
New chief executive, Dave Lewis, is expected to undertake a root and branch review of the Tesco brand in a bid to re-engage customers.
Vince Cable is to back a probe into the administrators of Comet, referring three partners of Deloitte to chartered accountants body ICAEW.
John Lewis ended its summer Sale with 18.8% growth year on year last week, driven by a stellar performance in its home department.
Retail news round-up on July 25, 2014: Amazon quarterly loss widened to £74m in its second quarter and Vince Cable to reveal Comet’s administrators face a probe by the accounting watchdog.
Supermarkets are cutting back on hours worked and equivalent full-time jobs in retail fell in the second quarter despite growth in store numbers.
Retail sales volumes in June grew 3.6%, compared to last year and by 0.1% on the previous month, according to the Office for National Statistics.
The Office of Fair Trading’s Sale of Goods Act ‘hub’ is a useful tool to help retailers protect their business as well as keep customers happy.
Health is expected to be popular this Christmas as retailers forecast fitness-tracking technology and blenders to top wish lists.
Carphone Warehouse is in talks with telecoms firm Three about launching own-brand mobile services for connected devices, it is understood.
Dixons boss Seb James said last week that he sees “the early glimmers of a consumer recovery”.
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