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Sainsbury’s profits rise again
News | 08 May 2013Sainsburys saw another rise in profits today as the group maintained its run of success under chief executive Justin King Full year results to March 16th showed underlying profits up 6 2 to 756 million though the bottom line pre tax figure fell 1 4 to 788 million when property...More > -
April "the cruellest month" for retail sales
News | 08 May 2013Retail sales slumped at the fastest rate for a year in April as an early Easter and a freezing start to the month offset improving fashion and beauty sales Like for like sales fell 2 2 in April from a year earlier with the timing of Easter hitting food sales...More > -
JD Weatherspoon hits out at VAT and "stealth taxes"
News | 08 May 2013JD Wetherspoon has said that the VAT disparity between supermarkets and pubs and the continuing imposition of stealth taxes such as the late night levy and increased fruit slot machine taxes are the biggest danger to the pub industry In its latest results the pub group said that it anticipates...More > -
Next on-track to hit targets as Directory sales rise
News | 08 May 2013Fashion chain Next has said that it remains confident in hitting its full year targets as strong sales at its Next Directory arm offset weaker results in its high street division Next sales excluding VAT for the first 14 weeks of the financial year were up 2 2 of which...More > -
Shop price inflation drops as competition heats up
News | 07 May 2013Retailers desperate to lure customers back into stores drove down the rate of shop price inflation last month to its lowest level since 2009 figures have revealed The rate fell to just 0 4 as goods including clothes and footwear electricals and furniture all tumbled in value It reflected intense...More > -
Lottery scam shopkeeper to be sentenced
News | 07 May 2013A shopkeeper who was found guilty of trying to con a lottery syndicate out of nearly pound 80 000 in winnings will be sentenced today Imran Pervais misled the winning group into thinking they had won pound 10 when in fact they had scooped pound 79 887 after matching five...More > -
Diageo chief to step down
News | 07 May 2013Long serving Diageo chief executive Paul Walsh is calling time on 13 years in charge of the drinks group Ivan Menezes will take over the position from July 1st though Mr Walsh will remain with Diageo for a year long transition period before retiring the company said His period in...More > -
Building collapse death toll reaches 700
News | 07 May 2013The death toll from last months collapse of a building housing garment factories in Bangladesh has passed 700 police said today The police control room overseeing the recovery operation said the toll reached 705 as workers pulled more bodies out of the wreckage of the countrys worst ever industrial disaster...More > -
Selfridges to launch drive-thru click-and-collect service
News | 03 May 2013Retailer Selfridges is to open a drive thru click and collect service at its London flagship store The department store will adapt forecourt space off the side of its Oxford Street site so that customers can collect products ordered online without having to leave their cars The service will launch...More > -
Fake reviews on Tripadvisor boosts Glasgow homeless hostel up the ranks
News | 03 May 2013After a string of fake reviews on website Tripadvisor the Bellgrove Hotel homeless hostel in Glasgow ended up being named as one of the citys best hotels The hostel was given a series of raving reviews by customers who may or may not have ever stayed there with some reviewers...More >
