Retail round-up: M&S and Sports Direct to report its trading figures following Brexit, Supermarkets to stamp out campylobacter food poisoning and Amazon removes List Pricing section.
M&S and Sports Direct to report figures on its trade following Brexit
Marks & Spencer and Sports Direct are expected to report their figures on future trading this week, following the impact of Brexit, according to WalesOnline.
M&S will be looked to for any impact of Brexit on its trade following fears of declining consumers’ trust on its business.
M&S has already been under pressure as sales of its clothing arm have not recovered recently and its new chief executive Steve Rowe warning of Brexit’s impact on its profits.
On the other hand, Sports Direct will also be giving details on Brexit’s impact when it posts annual figures this week.
Supermarkets to stamp out campylobacter food poisoning by upgrading testing process
The 10 leading supermarkets in UK have been urged by consumer group Which? to eradicate a dangerous food-poisoning bug called campylobacter present in chickens by revealing the results of their internal tests regularly.
The consumer group has written to the largest chains, including Tesco, Sainsbury’s, Asda, Aldi and Lidl, mentioning to test the campylobacter levels in chicken and has also stated that customers should be able to compare retailers' improvement through a more consistent testing system, as it will assure them that the chicken they buy is safe to eat.
Campylobacter remains to be the main cause of food poisoning in UK, according to official figures from the Government’s food watchdog, the Food Standards Agency.
Amazon removes its section of List Prices
Amazon has eliminated the way it entices its customers to buy its merchandises by removing its list pricing section wherein customers could see the bargained amount listed.
The e-tailer built a position and hit $100bn in annual revenue by offering best deals. At present, Amazon has dropped any mention of a list price by mentioning just one price of a product with no option left for customers of either buying it or dropping it.
The new approach occurs as both online and offline discounts have turned out to be a subject of dozens of consumer lawsuits.