The BBC has reported that EU anti-trust regulators have opened an investigation into Amazon, following a series of allegations that it has been misusing “sensitive data” gathered from the many independent retailers who sell products via its ecommerce platform. The anti-trust commission is being headed up by Margrethe Vestager, who has promised to take “a […]
EU anti-trust regulators investigate Amazon Read More »
Wales tops the UK’s festive spending league table, with the average person shelling out £377 for presents, according to a survey from financial services firm Hargreaves Lansdown. Scotland follows in second place (£351), with the North-East third (£345). Bottom of the table is the East Midlands (£264). Women spend an average of £340 on Christmas
Retail news round-up: Top Christmas spending by region; The Entertainer buys Poly Read More »
There are concerns for the future of Debenhams as the department store chain looks set to post the biggest loss in its 240 years history – almost £500million – and gets ready to close 50 of its 166 stores. The closures may results in as many as 4,000 job losses. There is now even more
Alan Monahan writes: I once worked in the same office as a young woman who thought nothing of ‘buying’ a dress on a Friday and returning it to the store for a refund the following Monday. Challenged by colleagues about this practice – which also extended to having pieces of jewellery on approval – she
The Office for National Statistics (ONS) reported that retail sales in August rose by 3.3% compared with the same month a year earlier and by 0.3% on a month-to-month basis. This has surprised economists who had expected shoppers to rein in their spending. The unexpected results were driven by a rise of 4.5% in the
Alan Monahan writes: As with my own appearance, the face of Autumn Fair is much changed from the show I first visited more than 20 years ago. But like me, it has managed to keep a spring in its step despite some shrinkage! And while some exhibitors at the NEC were bemoaning the fact that
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