Retail

Retail

Kirsty McLuckie: the future of rural pubs

The sale of a village pub can mean the end of an era for its locals, but it also presents an opportunity for new owners to redevelop it as a hospitality business focusing in a different direction.

Management
'We need a science-based approach to delivering quality,' said Steve McLean of Marks & Spencer. Picture: Christopher Furlong/Getty Images

Marks & Spencer building science into beef supply chain

A proposal that would see a ground-breaking partnership between Aberdeen Angus beef producers, their breed society, gene technology firms and a major retailer has been revealed.

Farming 1
Debenhams warned its profits could come in at the lower end of City forecasts. Picture: TSPL

Debenhams warns over ‘volatile’ trading as sales fall

Department store chain Debenhams has warned that “volatile” conditions on the high street could hit its full-year profits.

Retail
Holland & Barrett, which employs more than 4,200 people, has been sold to a fund controlled by Russian billionaire Mikhail Fridman. Picture: Nick Ansell/PA Wire

Russian billionaire buys Holland & Barrett for £1.8bn

Health food chain Holland & Barrett has been acquired for £1.8 billion by a retail investment fund controlled by Russian billionaire Mikhail Fridman.

Retail 1
Brothers and co-founders of spirits maker Arbikie Iain, John and David Stirling at their distillery near Inverkeilor, north of Arbroath. Photograph: Chris Close

Club brings Fringe benefits for spirits producer Arbikie

Arbikie, the Scottish gin and vodka producer, has announced the return of its A Club as part of this year’s Edinburgh Festival Fringe.

Retail 1
John Glass, malt master at Glengoyne Distillery, which lies on the edge of the national park. Picture: Contributed

Foodies give £60m boost to Loch Lomond national park

Food and drink in Loch Lomond & The Trossachs National Park has grown to be worth £60 million in the past two years, new figures reveal.

Retail
Hornby said the offer 'significantly undervalues' its future prospects. Picture: Donald MacLeod

Model trains firm Hornby rebuffs £27.4m takeover bid

Model train maker Hornby has said that a takeover bid launched by Phoenix Asset Management “significantly undervalues” the company.

Retail
Whitbread is exposed to 'chillier winds' around the UK economy, writes Martin Flanagan. Picture: Contributed

Martin Flanagan: Whitbread wakes up and smells the headwinds

You might think people would forgo their daily transfusion at the coffee shop and businesses would cut back on travel and hotel bills in these more straitened times.

Retail
Costa owner Whitbread faces headwinds as consumer spending is squeezed by inflation. Picture: Newscast/PA Wire

Whitbread reverses sales decline at coffee arm Costa

The latest results from coffee shops-to-budget hotels group Whitbread highlight that it is not the stellar story of recent years, but remains resilient even in tougher times for consumers.

Retail
Some of the new hair styles for Barbie's companion Ken. Picture: PA

Ken doll gets a major makeover for 2017

Barbie’s companion Ken has undergone a wide-ranging makeover with the UK launch of varying body sizes, skin tones and hairstyles including a man bun and corn rows.

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Towser, who served as a mouse catched from 1963.

Whisky named after Towser, the Glenturret distillery mouser

A cat which holds the world record for catching the most mice is to have a whisky named after her - 30 years after passing away.

News
The retailers will user lasers to mark the fruit with information such as the sell-by date.

Avocados to be marked by laser to reduce labelling

It is perhaps the country’s most fashionable fruit, with demand soaring as brunch recipes and even desserts become part of the nation’s dinner table.

Retail
The artists impression of how the new Edinburgh restaurant will look. Illustration: The Ivy Group

First look: The Ivy in Edinburgh

Fine dining brand The Ivy Group have released an artist illustration of how their first Scottish restaurant will look when it launches in Edinburgh this autumn.

News 6
Bonmarche saw its annual profits tumble about 40%. Picture: Alan Watson

Profits slump 40% at womenswear retailer Bonmarche

Womenswear retailer Bonmarche has reported a slump in full-year profits as Brexit pressures and unseasonal weather contributed to a “challenging” retail market.

Retail
Nisa has been working with investment bank Lazard on a sale process. Picture: Contributed

Sainsbury’s opens talks on bid for stores chain Nisa

Supermarket group Sainsbury’s has entered into exclusive talks to acquire convenience store operator Nisa.

Retail
Yo! is marking its 20th anniversary this year. Picture: Mike Wilkinson

Sushi chain Yo! returning to Glasgow with flagship site

Sushi chain Yo! is returning to Glasgow city centre this month with the opening of a flagship branch in West George Street.

Retail
Whole Foods, which has a branch in Giffnock, employs some 87,000 people. Picture: Joe Raedle/Getty Images

Amazon to buy organic grocer Whole Foods for $13.7bn

Online retailing giant Amazon has struck a $13.7 billion (£10.7bn) cash deal to buy US organic food chain Whole Foods Market.

Retail 4
Shareholder advisory group ISS said performance targets for Morrisons boss David Potts were too low. Picture: Contributed

Morrisons chairman ‘surprised’ by shareholder revolt

Morrisons shareholders have vented their anger over a planned bonus bump for chief executive David Potts, with nearly half voting against the supermarket’s remuneration report.

Retail 3
Amazon is said to be planning to pursue a partnership that could see it begin selling cars to UK consumers on its website. Picture: Nick Ansell/PA Wire

Online giant Amazon ‘weighing move into UK cars market’

Amazon is understood to be weighing up a corporate partnership that could see it begin selling cars to UK consumers on its website in a rerun of what it has done in European markets, including France and Italy.

Retail 2
Tesco's takings were boosted by a 2.7% jump in food sales. Picture: Michael Gillen

Tesco sales fuelled by drive to keep prices in check

Tesco has reported rising first-quarter sales as the supermarket giant said it was reaping the rewards of offering customers lower prices in the face of rising inflation.

Retail
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