House of Fraser ‘optimistic’ despite tumbling into red

Jenners owner House of Fraser has given an upbeat outlook despite its earnings coming under strain after the launch of a new web platform and “significant discounting”.

Retail 1
The rise in retail sales was far higher than expected. Picture: Phil Wilkinson

Shoppers shrug off price rises to drive sales higher

UK retail sales jumped in August as shoppers continued to spend despite strong price rises.

Markets Economy
Pic Lisa Ferguson 27/10/2015
Toys R Us, Livingston

Bankruptcy move ‘won’t affect’ Toys ‘R’ Us stores in UK

Toys’R’Us has assured consumers its stores will remain open after filing for bankruptcy protection in the US and Canada ahead of the crucial festive season amid mammoth debts and increasing online competition.

Lidl racked up a 19.2% jump in sales. Picture: Jane Barlow

Lidl retains crown as fastest-growing supermarket chain

German discounter Lidl is once again the UK’s fastest-growing supermarket with a record market share of 5.3 per cent, latest industry figures show.

Retail 1
Toys 'R' Us said its UK stores were not affected by the so-called Chapter 11 filing. Picture: Lisa Ferguson

Toys ’R’ Us files for bankruptcy protection in US and Canada

Retail giant Toys ’R’ Us has filed for bankruptcy protection in the US and Canada after struggling amid mammoth debts and online competition.

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Ryanair cancelled 50 flights a day for the next six weeks after a holiday planning error. Picture: Neil Hanna

First batch of cancelled Ryanair flights revealed

Ryanair has published details of flights cancelled up to the end of next month.

News 3
Toys 'R' Us has ten stores in Scotland. Image: Lisa Ferguson

Toys ‘R’ Us could file for bankruptcy in just weeks

Global toy giant Toys ‘R’ Us - which has ten stores in Scotland - is considering filing for bankruptcy before Christmas, according to reports.

News 2
Sara Roberts launched Healthy Nibbles after becoming frustrated with the lack of healthy snack options.

Vending firm wins £100K funding for own-brand healthy nibbles

A vending machine company that offers healthy snacks has secured six-figure investment as it looks to launch its own branded product.

Households are feeling the pinch.

Over half of people want politicians to tackle high energy prices

Households are becoming increasingly concerned about energy prices, according to the Which? consumer group.


End in sight for Brexit-fuelled price hikes, says Next chief

The boss of fashion giant Next has said the worst of the Brexit-fuelled price hikes on the high street are over as the group upped its earnings outlook after “encouraging” trading.

Retail 2
First-half profits at Morrisons jumped almost 40%. Picture: Contributed

Morrisons ‘making strong headway’ with jump in earnings

Morrisons has reported rising half-year profits as the supermarket hailed seven consecutive quarters of growing sales.

Retail 1

John Lewis chairman warns on Brexit as profits halve

The chairman of John Lewis has called for a “serious parliamentary debate” on Brexit after profits at the group tanked as it was hit by falling consumer demand and cost increases linked to the weak pound.

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Cromars Classic Fish & Chips - Rebecca Syme, Katherine Fildes (Manageress), Jai Campbell and Hayley Cameron.

Fife fish and chip shop chosen as Scotland’s best

A St Andrews fish and chop shop has been chosen as Scotland’s best as part of the 30th anniversary National Fish & Chip Awards.

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Tesco recalls biscuits due to allergy fears

Tesco recalls biscuits due to allergy fears

Tesco has recalled its own brand of Cookie and Cream biscuits because of allergy fears.

'Grime' star Stormzy recently launched a new campaign with JD Sports and Adidas. Picture: Nathan Gallagher - Adidas via Getty Images

JD Sports ups profit goal after record first-half haul

Retailer JD Sports has hailed another record set of results and upped its earnings outlook for the full year after robust sales.

Five different designs of the same bottle have been recalled.

Children's drinks bottles recalled amid choking fear

Cult interiors brand Cath Kidston has recalled a children's water bottle amid fears that it could cause a choking hazard.


Department store Beales takes over former McEwens site in Perth

An independent department store chain based in England has taken over the vacant site of the former McEwens store in Perth city centre, giving a huge boost to the area.

Hornby makes model trains, as well as Scalextric. Picture: Contributed

Chief executive of model trains maker Hornby steps down

The chief executive of Hornby is to step down after Phoenix Asset Management seized control of the model toymaker and commenced a review of the firm’s strategy.

Strong Easter trading lifted sales at Primark. Picture: John Devlin

Primark sales growth boosts profits for owner AB Foods

Primark owner Associated British Foods has again upped its full-year profit outlook after being boosted by strong sales at the low-cost fashion chain.


Morrisons tipped for profits jump amid tough market

Morrisons is expected to report rising sales and profits when it releases half-year figures this week, but increased competition is expected to have dragged on growth.

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