Up-to-date coverage of the latest events in UK retail.
Ocado sales rise as joint venture with Marks & Spencer goes live
Ocado Retail, the newly formed joint venture between the online grocer and Marks & Spencer, has posted an increase in quarterly revenue and orders, but the average order size edged down.
French Connection cuts losses and extends sale process
French Connection has reported reduced first-half losses and is extending its strategic review and formal sale process until the end of the financial year.
Shoppers from Thailand and Qatar were summer’s big spenders
Visitors to the UK from Thailand and Qatar increased their spending significantly in August.
Thai visitors spent on average £1,131 per transaction in August, a 43% increase year on year according to tax-free shopping monitor Global Blue.
Spending by shoppers from Qatar was up 20% to an average of £1,649.
Shoppers from China still dominated the tax-free market, accounting for 26% of total sales in store between January and August 2019, and 31% of sales in store in August alone.