Comment: UK retailers unruffled by planned austerity measures
With the UK Treasury set to release its planned spending cuts on 20 October, industry watchers have been focused on…
UK grocers take temperature of sector
There are under two weeks until the UK's coalition government unveils plans to reduce the country's budget deficit. Weak consumer confidence could be dented further but the UK's largest retailers remain upbeat.
UK: M&S customers “return to quality”
Marks and Spencer today (7 October) posted a 6.5% sales increase for its second quarter as the retailer saw "customers…
On the money: Sainsbury’s CEO talks up space growth
Sainsbury's chief executive Justin King said today (6 October) that the UK's retailer new space was performing "ahead of expectations"…
UK: Sainsbury’s H1 sales up
UK grocery retailer Sainsbury's announced today (6 October) that its total sales for the first half were up 4.8%, excluding…
On the money: Incoming Tesco CEO Clarke upbeat about US
Tesco's CEO-designate Philip Clarke was today (5 October) today vowed to push ahead with its expansion in the market and…
UK: Tesco H1 driven by international operations
Tesco posted a 16% rise in profits for the first half of its fiscal year on the back of strong…