Posts Tagged ‘News’
Tuesday, November 4th, 2008
ASDA initiative increases sales of reusable bags by 1200 %
ASDA has announced the roll out of a successful trial to remove single use carrier bags from checkouts across its 355 stores. This initiative could help retailers across the country reduce the environmental impact of plastic bags by 25% by the end of this year.
Many of Marjo’s wholesale jewellery customers in jewellery, and gift retailing businesses could consider the reusable bags as a way of not only saving the environment, but also as a good source of marketing. Consumers purchasing a re-usable bag will surely use it for longer periods of time, and in a best case scenario be seen by friends, family, and work colleagues. Giving the opportunity for them to discuss your store and products.
(more…)
Tags: Advice, News
Posted in Advice, News | No Comments »
Tuesday, November 4th, 2008
Iconic retailer Ikea avoids paying the highest wages in the industry instead preferring to attract people who are more motivated by working for a company with a strong identity and culture.
Speaking at the recent BRC Annual Conference in London Anders Dahlvig, chief executive of Ikea, suggested: “Paying the highest as a strategy is a dangerous path to go on as you only get people who are motivated by money and they will leave when they get a better offer.”
(more…)
Tags: News, Staff
Posted in Advice, News | No Comments »
Tuesday, November 4th, 2008
Major landlords are preparing plans to allow smaller retailers to pay rent on a monthly basis. It is understood that smaller retail and independent businesses with only a handful of shops will be able to pay their rents monthly, rather than having to pay a large chunk on a quarterly basis.
Landlords including Land Securities and Hammerson are understood to be among landlords working on proposals, following talks with larger retail groups, led by Arcadia owner Sir Philip Green.
(more…)
Tags: News
Posted in News | No Comments »
Tuesday, September 30th, 2008
Last year saw the intensification of pre-existing trends in the needs and aspirations of UK shoppers. The relatively good performance of the food sector against the non food sector is one example, and is consistent with UK consumers’ growing emphasis on the quality of the food they consume, and in trading up to ‘better’ options, for a combination of health and feel good reasons.
(more…)
Tags: Advice, News, Trends
Posted in Advice, News, Trends | No Comments »
Tuesday, September 30th, 2008
At the beginning of 2007 retailers had just enjoyed a much better than expected Christmas and many banks were prepared to commit large sums of money to highly leveraged retail transactions. As a consequence prices being paid by venture capitalists (VC) were high.
By the second half of 2007 the picture looked very different as the credit crunch developed. With a reduction in institutional liquidity in the leveraged finance markets the volume of transactions supported by banks fell, especially at the higher end of the market.
(more…)
Tags: Advice, Banking, News
Posted in News | No Comments »