Harrods profits make a new record high

Harrods which is the biggest department store in Europe has paid out £118 million dividend to its Qatari owners.The company has made record sales of £794 million in the year end, which is up from £716 million the previous year. Further to that, accounts show Harrods has grown turnover by 10% to £843 million in the y... read more...
09:57AM - Fri 31st October 2014

The Serious Fraud Office begins Tesco criminal investigation

Tesco chief executives could face jail after The Serious Fraud Office is investigating the accounting irregularities.The agency has confirmed that they have launched a formal criminal investigation, which could result in anyone that is actually co...
10:01AM - Fri 31st October 2014

Samsung profits fall

South Korean firm Samsung Electronics has posted its smallest quarterly earnings in over two years as profit margins dwindle due to rivalry from Apple Inc.’s new iPhones as well as cheaper Chinese devices.Net income, excluding minority interests, ...
10:20AM - Thu 30th October 2014

Clinique launches The Orb

Premium beauty brand Clinique, will tomorrow unveil a social media activated art installation known as ‘The Orb’, in the centre of London’s buzzing Covent Garden.Standing at eight metres above the ground, the four metre round sphere will glow brig...
10:06AM - Thu 30th October 2014

Waitrose currently trialing home scanning device

Waitrose has teamed up with US start up business Hiku as it plans to become the first retailer to trial home scanning in the UK.The home scanning system will enable customers to scan barcodes at home of products they currently have which will then...
09:56AM - Thu 30th October 2014

Argos website suffers technical glitch

Catalogue retailer Argos suffered website problems for a second day yesterday following a revamped design of its site.Displaying an error message on some, but not all computers, customers were told that access had been blocked due to a high volume...
09:54AM - Thu 30th October 2014

Ralph Lauren and Harrods enhance luxury shopping experience

Ralph Lauren, the namesake US luxury goods retailer, is improving on the traditional ‘window shopping’ experience at Harrods using mobile technology to connect with consumers.The fashion house is dominating the iconic 15 window display in Harrods ...
08:59AM - Thu 30th October 2014

eBay’s guide to mobile selling success this Christmas

The festive season is already upon us with over 700 “Christmas” items being sold per hour on eBay in the last month. And with 40% of eBay transactions globally touched by mobile at some point in the transaction, getting your mobile strategy right ...
10:50AM - Wed 29th October 2014

Next lowers profits expectations for the full year

High street fashion retailer Next has lowered its expectations for annual profit after warm weather steered shoppers away from buying its winter ranges.In a trading update this morning, Next said:“On 30 September Next advised that we would reduce ...
10:42AM - Wed 29th October 2014

Retailers and FMCG offer top placements

RateMyPlacement.co.uk, the UKs leading website for undergraduate work experience, recently announced its Top 100 Placement and Internship Employers. This year, ten retail and FMCG companies made the cut.Enterprise Rent-A-Car ranks the highest of t...
10:19AM - Wed 29th October 2014
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