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Retail

Edinburgh hi-fi specialist makes big noise with Moon

One of the most expensive pieces of hi-fi equipment ever to be built was set to receive its first public showing outside North America today, thanks to the efforts of an Edinburgh-based audio distributor.

Retail 1
Martin Flanagan says investor concerns over Whitbread's prospects 'look excessive'. Picture: Jane Barlow

Martin Flanagan: Clouds in Whitbread’s coffee cup

Coffee shops and budget hotels largely swatted off the headwinds of the financial crash and last recession.

Retail
Annual profits at Whitbread's Costa arm grew 5.3%. Picture: Contributed

Costa Coffee owner ‘cautious’ despite rise in profits

Costa Coffee owner Whitbread has cheered a jump in annual profit, but said it remains “cautious” amid forecasts for a tougher year ahead.

Retail
Woolworths in Dalkeith in 1998.

Woolworths set for shock return to the high street

Collapsed retailer Woolworths could be set to make a surprise return to the high street, according to reports.

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Jimmy Choo's largest shareholder has thrown its weight behind the sale process. Picture: Contributed

Luxury shoe brand Jimmy Choo puts itself up for sale

Jimmy Choo has put itself up for sale as part of a strategic review, with the firm tipped to be sold for over £700 million.

Retail
Findra founder Alex Feechan says the female bikewear brand can make its mark on the global stage. Picture: Contributed

Monday interview: Alex Feechan, founder of Findra

She launched women’s bikewear and outdoor apparel firm Findra in December 2014, after perceiving that other kit available was out of touch with what female consumers were looking for.

Retail
Snake Venom from Keith Brewery weighs in at 67.5% ABV. Picture: Contributed

Keith Brewery launches record-breaking Snake Venom beer

Craft brewer Keith Brewery has launched what is claimed to be the world’s strongest fortified beer – 67.5 per cent ABV Snake Venom – in the UK market.

Retail 2
With Record Store Day being held tomorrow, Scott Reid looks at the fortunes of the audio industry. Picture: Ian Rutherford

Scott Reid: Audio industry hopes records keep spinning

It has been described by one music industry insider as “the single best thing that has ever happened” for independent record shops.

Retail
'Tallinn is an exciting city,' said BrewDog co-founder James Watt. Picture: Contributed

Estonia gains BrewDog bar in latest EU growth push

Craft beer maker BrewDog has taken the wraps off a new bar in Estonia’s capital city, Tallinn.

Retail 2
Debenhams also said ten stores could be axed over the next five years. Picture: Fiona Hanson/PA

Jobs at risk as Debenhams plans warehouse closures

The new boss of department store chain Debenhams has unveiled plans to close 11 warehouses and put up to ten stores under review, in a move impacting at least 220 jobs.

Retail
Scotmid is eyeing another challenging year ahead. Picture: Murrie Thomson

Scotmid profits dip amid ‘unprecedented uncertainty’

Co-operative retailer Scotmid today reported a 7 per cent dip in annual profits amid “lacklustre” trading conditions, pressure from wage costs and “unprecedented” political upheaval.

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Brexit has hit the pound which has helped Burberry Picture: Jonathan Brady/PA Wire

Burberry receives boost from falling pound due to Brexit

Luxury fashion house Burberry has cheered ongoing “exceptional” trading in the UK as it continues to receive a boost from the Brexit-hit pound.

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Tesco is selling off its in-store opticians. Photo:  Nick Ansell/PA Wire

Tesco sells off in-store opticians to Vision Express

Supermarket Tesco is eyeing its latest overhaul move after agreeing a deal to sell its network of more than 200 in-store opticians to Vision Express.

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Fierce Beer was founded by Dave Grant, left, and David McHardy. Picture: Contributed

Aberdeen’s Fierce Beer cheers £120,000 growth funding

Aberdeen-based brewer Fierce Beer has secured funding from Barclays to drive growth.

Retail
House of Fraser reported a rise in full-year profits

House of Fraser issues warning despite higher profit

Department store chain House Of Fraser has warned of a volatile trading outlook after booking a jump in full-year profits despite flat sales.

News
Centre director Phil Goodman said it was a 'very exciting time' for Glasgow Fort. Picture: John Devlin

Glasgow Fort hails jobs boost with new store arrivals

Glasgow Fort has announced a boost to its store range, with new arrivals expected to provide more than 150 additional jobs.

Retail
The number of Scottish distilleries has jumped 50% in the last year. Picture: John Devlin

Surge in ‘boutique’ distillers taking on big brands

More than 50 new distilleries opened in the UK last year, showing the “explosive creativity” of craft spirits, a study reveals.

Retail
Consumers are facing a squeeze on their spending power as inflation rises. Picture: John Devlin

Rising inflation and muted wages hit the high street

Rising inflation and lacklustre wage growth are expected to have hit the high street in the first quarter of 2017 when the latest official data is published on Friday.

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