Tim Danaher is the editor of Retail Week
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Saving Pass promises customers 10% off 600-plus branded products in bid to reflect price awareness
Carpetright has announced a 5.2% fall in second quarter sales, and warned that full-year profits will come in at “the lower end of current expectations.”
They may have been less bad than they could have been but no-one will be popping champagne corks following the release of the official September sales figures by the ONS this morning.
Retail sales rose in September, with value growth being driven by food inflation, but fashion sales volumes experienced their biggest fall for three-and-a-half years, the ONS said this morning.
Mary Portas has told MPs her review of the high street will be about “making life easier for town centres and tougher for out-of-town.”
WH Smith’s profits rose 4% in the year to 31 August, helped by record profits from its travel division.