All Retail Week articles in 19 December 2014 – Page 3
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NewsChristmas spending grows 4.2% on last year following Black Friday boost
Consumer spending was up 4.2% on last year over the first part of the Golden Quarter, according to Barclaycard spending data.
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NewsConsumer confidence falls to its lowest level since March
Consumer confidence has fallen two points in December to its lowest level since March as uncertainty about next year rises.
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NewsAmazon launches one-hour delivery for New York customers
Amazon has started offering one-hour delivery in Manhattan, as the etailer giant continues to develop its premium Prime service.
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NewsInfographic: Waitrose sales climb 7.3% as the Christmas surge continues
Sales at Waitrose rose 7.3% in the week to December 13 as the seasonal shopping surge continues at the upmarket grocer.
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NewsOak Furniture Land to open 57 sofa showrooms by Boxing Day
Oak Furniture Land will launch a sofa proposition by Boxing Day that will include 57 showrooms across the country.
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NewsRigby & Peller to open its tenth UK store this weekend
High-end lingerie retailer Rigby & Peller will open its tenth UK store on Saturday with a boutique in St John’s Wood in London.
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NewsShoppers to spend £6.5bn on groceries during Christmas period
Shoppers will spend £6.5bn on groceries in the two weeks to Christmas as supermarkets drastically increase levels of advertising.
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CartoonBlower’s retail cartoon: Christmas chaos as Yodel suspends collections
Retail Week’s cartoonist Patrick Blower’s take on Yodel suspending collections in the lead-up to Christmas following Black Friday demand.
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GalleryStore gallery: Rotterdam’s Markthal is a store design showstopper
Rotterdam’s Markthal boasts a market-place atmosphere that includes mainstream retail offers, all under one spectacular roof.
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GalleryStore gallery: Primark opens second Belgian store in Brussels
Last week Primark opened its second store in Belgium, one with a much higher profile than the first owing to its location in Brussels.
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NewsEU agrees to cap debit and credit card fees
The EU has agreed to cap the cost of processing debit and card payments fees in a move that has been welcomed by retailers.
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NewsBreakfast briefing: Retail news on Tesco, Zara, Panic Saturday and more
Retail news round-up on December 22, 2014: SFO to probe Tesco suppliers; Zara launches home store format; shoppers spend £1.2bn on ‘panic Saturday’; retailers poised for record online Christmas Day spending; Sainsbury’s boss Mike Coupe warns of two more years of pain.
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NewsKingfisher sells controlling stake in B&Q China for £140m
Kingfisher has sold a controlling stake in its B&Q China business to Wumei Holdings for £140m as it seeks to focus on its European business.
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NewsSir Terry Leahy predicts turnaround for big four grocers in 2015
Former Tesco boss Sir Terry Leahy is predicting a turnaround for the big four supermarkets in 2015 and a more buoyant Christmas this year.
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NewsTesco suppliers embroiled in Serious Fraud Office investigation
Suppliers are expected to be interviewed by the Serious Fraud Office (SFO) as part of the investigation into Tesco’s profit overstatement.
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OpinionComment: Seeking inspiration from the retail market as a whole makes sense
Knowing your competitive backyard is just not good enough. Take a look at what retailers en masse are doing to sell more merchandise.
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NewsTesco and auditor PwC to be investigated by Financial Reporting Council
The Financial Reporting Council (FRC) has launched an investigation into the role auditor PwC has played in the overstating of Tesco profits.
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AnalysisCompany profile: Wumei Holdings takes control of B&Q China
Wumei Holdings has acquired a 70% stake in B&Q China as it dips its toes in the DIY sector, having previously focused on supermarkets and department stores.
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NewsHigh street footfall down on the last weekend before Christmas
The number of people hitting the shops over the last weekend before Christmas fell as consumers increasingly choose to buy online.
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OpinionComment: Should retailers worry about the Russian currency crisis?
Russia is facing yet another currency crisis as the rouble has been depreciating drastically this year.