All articles by Matthew Chapman – Page 38
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NewsHomebase to close 25 stores by March and sells Battersea freehold for £57m
Homebase expects to close around 25 stores in its current financial year and will sell the freehold on its Battersea property for £57m.
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NewsArgos launches digital receipts service across all 750 stores after trial
Argos has introduced digital receipts across all 750 of its stores in the UK and Ireland following a trial earlier in the year.
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NewsGrocery sales to record first full-year decline for a decade
Grocery sales have fallen for the third consecutive month as Nielsen predicts the first sales decline across a calendar year for a decade.
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NewsAsda ups stakes against discounters as it boasts of better value and reach
Asda is taking the fight to the discounters by drawing attention to the fact its “posh food at proper prices” is available to more of the UK.
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NewsAldi eyes China launch as it turns attention to emerging markets
Aldi is considering a launch in China as part of its ambition to become the world’s dominant discount retailer.
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NewsA quarter of Christmas sales to be made online as shoppers avoid crowds
UK shoppers will spend almost one in four pounds online on Christmas shopping with ecommerce sales expected to surge by 19.5% this year.
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NewsAsda sets up tech hub in Leeds to rapidly fix all Walmart sites
Asda has set up a technology unit at its Leeds office to monitor Walmart’s websites and allow it to fix technical issues five times faster.
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NewsSnapchat allows users to transfer money through Snapcash payments feature
Photo sharing app Snapchat will allow users to send money to each other as it enters the increasingly competitive social commerce market.
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NewsJohn Lewis weekly sales pass £100m as Christmas shopping frenzy begins
John Lewis broke the £100m weekly sales barrier for the first time this year as sales rose 7.2% year-on-year and shoppers geared up for Christmas.
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NewsGrocers must close one in five stores, says Goldman Sachs
The big grocers must close one in five of their stores in order to return to profit growth, according to a report by analysts at Goldman Sachs.
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NewsB&M sales and EBITDA jump after Jawoll acquisition and store expansion
B&M European Value Retail recorded a rise in EBITDA and revenue in its first half as expansion continued and it bedded in newly acquired Jawoll.
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NewsLittlewoods seeds GIF adverts on social media to reach sales targets
Littlewoods is creating a series of GIFs to seed on social media to help shift stock of products earmarked by weekly trading meetings.
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NewsScS eyes return to stock market six years after administration
Furniture retailer ScS has appointed bankers Investec as it eyes a potential return to the stock market six years after collapsing into administration.
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NewsZara rations Venezuelan shoppers to five purchases a month as demand soars
Zara has restricted its Venezuelan customers to five purchases per month as it struggles to cope with a huge surge in demand in the country.
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NewsShop vacancy rates rise for first time in almost two years as footfall dips
Shop vacancy rates increased for the first time since the first quarter of 2013 this October as footfall dropped 0.8% during the month.
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AnalysisIn the news: Mark Given, the man behind Sainsbury's Christmas TV ad
There is a young pretender for John Lewis’s Christmas advertising crown thanks to Sainsbury’s brand communications director Mark Given.
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NewsSofa.com picks Bath for second showroom as it expands outside London
Sofa.com has picked Bath for its first showroom outside of London and its second showroom in the UK.
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NewsSingles' Day sparks sales surge for Marks & Spencer in China
Chinese shopping bonanza Singles’ Day sparked a three-fold online sales increase at Marks & Spencer on Tuesday.
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NewsWHSmith reports flat sales as travel division like-for-likes edge up
WHSmith has recorded an increase in sales at its travel division as it posts flat total group sales for the start of its financial year.
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NewsVideo: Sainsbury’s boss says death of superstore ‘grossly exaggerated’
Sainsbury’s boss Mike Coupe says the “death of the superstore is grossly exaggerated” despite stating a quarter of its stores have too much space.