Rates respite eases pressure on retailers and consumers

Rates respite eases pressure on retailers and consumers

Following a business campaign led by the British Retail Consortium (BRC), the Chancellor’s has announced in his Budget that the move from RPI to CPI indexation will be brought forward by two years to 2018. Helen Dickinson OBE, Chief Executive of the BRC, said: “This is a hugely welcome and positive move. From being caught […]

Retailers set the safety standard for children’s halloween costumes

Retailers set the safety standard for children’s halloween costumes

The BRC and its members have introduced two voluntary Codes of Practice which exceed the current testing standard, to further enhance the safety of children’s dress-up costumes. The terrible accident involving Claudia Winkleman’s daughter in 2014 and the subsequent media coverage focussed attention on what were seen as failings to the existing Toy Safety Standard […]

UK retailer Iceland seeks peaceful coexistence with Ministry of Iceland

UK retailer Iceland seeks peaceful coexistence with Ministry of Iceland

Following the regrettable outbreak of legal and verbal hostilities last week, the UK retailer Iceland Foods is urgently seeking a meeting with the Foreign Ministry of Iceland to lay out constructive proposals for resumption of the peaceful coexistence between the company and country that had prevailed for the previous 46 years. Iceland Foods did not […]

Poundland loses crownship?

Poundland loses crownship?

  Next time whenever you go to Poundland, please check for the prices before you buy anything; because Poundland is no more a one pound shop. Bryan Roberts, a twitter user broke the news that we thought we would never see after seeing a petrified announcement in a Poundland window. And it read as ‘ […]

Retailers losses $2.2 billion in return fraud

Retailers losses $2.2 billion in return fraud

As indicated by the National Retail Federation’s yearly Return Fraud Survey, retailers across the nation assess that 3.5 percent of their holiday returns this year will be fraudulent. That is up from 3 percent a year ago. That would add up to misfortunes of $2.2 billion this year, up from about $1.9 billion a year […]

Shoprite Number One Retailer in Africa

Shoprite Number One Retailer in Africa

Shoprite Holdings was named the leading retailer in Africa anteceding Massmart and Pick n Pay, as indicated by the Deloitte African Powers of Retailing report 2015.  Spar Group guaranteed fourth place and Woolworths coming in at number five. Twenty of the main 25 retailers are South African. Shoprite accomplished the top spot in light of […]