Year: 2019

Lululemon sees Q1 sales surge 20%

Athleisure brand Lululemon has posted a 20% increase in Q1 net revenues to $782.3m (£617m). For the period ending 5…

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Asos brings models to customers’ homes with new Virtual Catwalk

Online fashion retailer Asos has today (14 June) announced the launch of ‘Virtual Catwalk’, its first augmented reality (AR) experience.…

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The future of till-free shopping

When we’re used to hauling our shopping out of the basket and placing tins, packets and bottles on a conveyor…

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Iceland earnings down 8.7% following ‘disappointing’ first half

Frozen food supermarket Iceland has reported an 8.7% drop in adjusted EBITDA to £140.1m, down £13.4m, for the year ending…

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Amazon and Morrisons expand Prime partnership

Online retailer Amazon, has expanded its Prime partnership with supermarket chain Morrisons, moving into five cities later this year. Morrisons…

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Lidl to open first central London store amid £500m expansion

Lidl has announced a £500m expansion plan for London, which will see the grocer open its first store in the…

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Six tips to utilise the government’s R&D tax credit scheme

Research and development (R&D) tax credits are a government incentive designed to reward UK companies for investing in innovation. However,…

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Majestic Wine records loss as focus switches to online

Wine retailer Majestic Wine, has recorded an £8.5m loss for the financial year up 2 April, in spite of a…

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Tesco Q1 sales slow amid ‘subdued’ UK market

Tesco has reported Q1 like-for-like sales growth of 0.2% attributed to what it calls a “subdued” UK market. For the…

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Businesses rates to better reflect property value under new law

Business rates payers in England will have bills that more accurately reflect current property values under new legislation introduced by…

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