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Glasgow Ralph Lauren store reopens following facelift
Posted by Lucy Walters on 1st May 09
www.ralphlauren.com Upscale retailer Ralph Lauren unveiled its revamped Glasgow store yesterday, hosting a glitzy opening that drew celebrities and many well-known Scots. The high-end shop on Ingram Street saw some of the country’s most famous faces during the grand re-opening event, as well as celebrities such as Texas lead singer Sharleen Spiteri and the actor [...]
(Read More)Brand names remain strong during downturn
Posted by Kim Newbold on 30th Apr 09
www.brandz.com According to the results of the annual Brandz “100 Most Valuable Global Brands” survey, the staying power of brand names remains strong in spite of the recession. The value of the top 100 brands increased by two per cent, to $1.95 trillion, year-on-year, while the value of the six UK brands making the list [...]
(Read More)Consumers continue preference for cash over credit
Posted by Steven Allen on 29th Apr 09
www.apacs.org.uk In 2009, UK consumers spent nearly twice as much using debit cards than they did using credit cards, and continue to prefer using cash over plastic, according to new figures released this week. Spending using debit cards amounted to £245.4 billion for 2008, which was an increase of 9.5 per cent over 2007 and [...]
(Read More)New low cost store brand launched by Carrefour
Posted by Rob Jones on 28th Apr 09
www.carrefour.com French retailer Carrefour has followed the lead of Tesco, introducing a new low-cost store brand that is meant to keep its customers from defecting to rival discounters. The new brand, “Carrefour Discount”, was launched on Wednesday as the company’s latest initiative against the drop in spending by customers who are becoming increasingly price-sensitive.
(Read More)March retail sales in UK show improvement
Posted by Michael Bond on 27th Apr 09
www.statistics.gov.uk In March, retail sales in the UK increased, after experiencing a sharp fall in the previous month, according to the newest figures released by the Office for National Statistics (ONS). Sales volumes were up by 0.3 per cent in March over February when sales had fallen by two per cent. March sales were also [...]
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