As an incentive for people to shop in person and for online retailers to lease physical stores, international property firm Colliers International suggests that the government should create a two-tiered VAT system where shoppers would be charged 15% for purchases in stores and 22.5% for online transactions. Meanwhie, Tesco chief executive David Lewis has again
UK retail sales suffered their biggest quarterly fall in a year as the ‘Beast from the East’ kept shoppers away from the high street. Sales volumes fell 1.2% in March, compared with February. Sales of clothing, petrol and food all suffered, according to the Office for National Statistics. Fifteen major UK retailers or restaurant groups
Retail news round-up: Beastly sales; rates rises hit stores; Amazon in top five Read More »
The retail industry has the unhappiest staff, according to an Expert Market/Vivatic survey. Some 13% of the 2,222 respondents said they had imagined killing their boss and 30% of those in the sector claimed to hate their job. At the end of April, Eric Smith – who has designed jewellery for the Queen and the
Retail news round-up: ’Unhappy’ staff; stores making headlines, shop jobs and automation Read More »
Tesco is coming under intensified scrutiny for its £3.7 billion merger with wholesaler Booker, which was revealed from apparently out of the blue at the end of January and seemed designed to strike fear into the hearts of beleaguered suppliers. While Tesco is the UK’s largest supermarket chain, Booker Group plc is the country’s
Proposed Tesco – Booker merger comes under scrutiny Read More »
We use cookies to improve your experience on our site. By using our site you consent to cookies.
See our privacy statement for more information
By signing up to our newsletter you agree with our privacy policy