Black Friday 2016: Here are the best deals available on Amazon today November 21, 2016 Black Friday is no longer just a day – it has evolved into a week of deals. Today is no exception: and if you think "there's never anything for me in the deals", think again. Spending is expected to hit £2bn this year as online retailers discount items left, right and centre. Here's what you can get [...]
Flip-flopgate: Has Havaianas just pulled off the best Black Friday marketing ploy? November 21, 2016 It's happening again. Everyone remembers The Dress – was it blue and black? Was it white and gold? (It was definitely white and gold.) Now it's flip-flops. Debate is raging online over the colour of these sandals: What colour are these flip-flops? Some think they're white and gold. Others think they're black and blue. Sounds familiar, doesn't [...]
Bonmarche blames BHS and the weather for sales hit November 21, 2016 Womenswear retailer Bonmarche has blamed the weather and BHS for its declining sales. The company said this morning that like-for-like sales were down 8.6 per cent, which could be in part attributed to the clearance of BHS' stock ahead of the store closing down. Bonmarche also said the weather "was a major variable" in its poor performance [...]
More than half of UK shoppers don’t know their consumer rights differ when returning goods bought in store versus online November 21, 2016 After you've finished your holiday shopping and the shine wears off the cheeky new outfit you bought yourself, will you be able to return it for a refund? More than half of British shoppers don't know that their consumer rights differ when returning goods bought online versus in store, a new report shows. When it comes to returning non-faulty [...]
BHS’ bosses’ cash comes under pressure from pensions lifeboat November 20, 2016 The pensions lifeboat is pushing for legal action to claw back funds from former BHS directors. The once high street staple fell into administration back in April, and was running a deficit worth £571m for its 20,000 member-strong pension schemes at the time. The department store chain's collapse, which ultimately resulted in the closure of over [...]
Holiday shoppers are undeterred by the referendum result, but they choose deals over brand loyalty November 20, 2016 Black Friday sales are cropping up all around the UK, but while holiday shopping is set to be strong this year, the major discounting event might not be as profitable for retailers as what comes next. Nearly 40 per cent of shoppers are waiting for the best discounts to come after Christmas and New Year, [...]
Mothercare’s shares are down and profits are expected to fall ahead of this week’s interim results November 20, 2016 Mothercare is expected to report a drop in pre-tax profits in its interim results this week as shares fail to recover from overseas trading fears. Mothercare's shares closed at 109.7 on Friday, halving from the beginning of the year. Read more: Mothercare takes baby steps with first profit in five years Despite a rise of 1.2 per cent [...]
Jimmy Choo’s share price rises on sterling’s slide November 18, 2016 Jimmy Choo's share price climbed this morning after the company reported revenue growth due to improved trading and store openings. The luxury retailer's share price was up three per cent at time of writing. Read more: West End gets Brexit boost as sales to tip over £9bn for the first time It said its success [...]
Retail sales defy gloomy predictions ahead of a bumper Black Friday November 18, 2016 Retail sales have outperformed expectations ahead of the nation's biggest shopping spree – Black Friday. According to the Office for National Statistics, the volume of retail sales increased by 7.3 per cent in October compared to the same month in 2015 – the highest growth rate for fourteen years. The amount spent online grew by [...]
Gap shares slump as profits unravel for most recent quarter November 17, 2016 Shares in Gap have plummeted in after hours trading, after the retail giant revealed its incomes and sales had fallen during its most recent quarter. The figures Net income for the retailer for the 13 weeks to 29 October slipped to $204m (£164.2m), down 18 per cent from $248m for the same period the year before. [...]