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PlanetRetail News

01 Oct 2014
NEXT warns on warmer than expected UK weather

UK fashion retailer Next has warned that warmer than expected weather in the UK in September has impacted sales, with shoppers delaying purchases of winter clothing

01 Oct 2014
Ex-pub sites key to CO-OP c-store growth

The move to open 63 convenience stores on the sites of former public houses is part of a restructuring of the Co-operative group away from larger superstores towards smaller c-stores

01 Oct 2014
TESCO secures GBP2.5 billion credit facility

The move to secure GBP2.5 billion (USD4.2 billion) of credit is a sensible strategy in the wake of the current scandal as any investigation could affect Tesco's future ability to raise funding on the markets

01 Oct 2014
SAINSBURY'S issues staff '50p challenge' to encourage spend

Sainsbury’s has issued a ‘50p challenge’ to its staff, urging them to encourage customers to spend an extra 50p per shopping trip until the year-end

01 Oct 2014
Instagram CEO & Co-Founder Kevin Systrom joins WALMART board

Walmart today announced that its Board of Directors has appointed Kevin Systrom, an entrepreneur, software engineer and co-founder of photo-sharing service Instagram, as a new..